6789 Rdg Rd Parma, OH 44129-5649
This three-story, 29,832 square foot medical office building in Parma, Ohio, presents a unique investment opportunity. Located at 6789 Ridge Rd, near the intersection of Day Drive, this property offers multiple suites for lease, with a minimum divisible space of 613 square feet and a maximum contiguous space of 3,200 square feet. Eleven suites in total are available within the building, with 8,014 square feet currently vacant. The building is zoned for Business Commercial use and benefits from excellent visibility and signage opportunities. Its strategic location offers convenient access to major roadways, including I-71 and I-480, ensuring easy patient access. The property is ideally situated adjacent to University Hospitals Parma Medical Center and just five miles from University Hospitals Southwest General Hospital, providing a strong patient base and synergistic environment. Across the street lies The Shoppes at Parma, offering additional convenience for patients and staff. The potential for creating a dedicated patient drop-off area further enhances the property's appeal. This property is perfect for a variety of medical practices, including urgent care facilities, optometrists, and other healthcare providers seeking a high-traffic location in the thriving Cleveland South submarket, specifically within the Parma, Seven Hills, and Independence cluster in Cuyahoga County, Ohio, zip code 44129.
Protect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would create hazards, noise, odors or other objectionable influences
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, OHProtect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would create hazards, noise, odors or other objectionable influences
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.