5682 State Rd, Parma, OH 44134-2265
This exceptional investment opportunity presents a freestanding commercial building located at 5682 State Rd, Parma, OH 44134, in Cuyahoga County. The property boasts 3,393 square feet of retail space situated on a 0.18-acre lot. The building features a first floor entirely dedicated to retail use, complete with a bathroom, office, and workshop areas. A full basement provides ample storage space. Adding to the property's versatility, the upper level includes a two-bedroom apartment and an efficiency unit, offering additional income potential. The property also includes a convenient 15-car parking lot located at the rear of the building. The asking price for this property is $300,000. This is a rare find in a high-traffic area, making it an ideal investment for those seeking a strong return on investment. The property's combination of retail space, residential units, and ample parking makes it a truly unique and attractive opportunity. The location in Parma, Ohio offers excellent access to major roadways and a thriving local community. Don't miss this chance to acquire a well-maintained, income-producing property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RB · Parma, OHParma. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.