5772 Ridge RdParma, OH 44129

  • Warehouses
  • 12,080 SF
For Sale
$169,900 View listing

Property Details for 5772 Ridge Rd

Year built
1930
Construction
WOOD
Lot size
0.62 AC
Property size (Sq ft)
12,080 SF
Zone code
RB
Property type
Warehouses
APN
443-05-001
APU
44305001

Description

This exceptional turnkey tanning salon, established in 1999, is ideally situated at the corner of Ridge and Snow Roads in Parma, Ohio, boasting high foot traffic and excellent street visibility. The business enjoys a stellar reputation and an extremely loyal customer base, contributing to consistent revenue growth and a strong client count since its inception. This owner-operated business is remarkably easy to manage, making it an attractive opportunity for a family or individual seeking a profitable venture. The sale includes 21 state-of-the-art tanning units, offering five levels of tanning options, plus a Mystic HD spray booth, providing a comprehensive range of services. The salon itself is impeccably maintained, clean, and aesthetically pleasing. This is a truly remarkable opportunity to acquire a well-established business at a fraction of its original start-up cost, situated on a 0.62-acre lot. The property is priced at $169,900 and presents a rare chance to own a profitable and established business with significant growth potential. The location in the heart of Parma ensures continued high visibility and accessibility for clients. This is a turnkey operation ready for immediate ownership and continued success. The business's history of success and loyal clientele provide a solid foundation for future growth and profitability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,487,468
    Hospitality
    $2,278,507
    Educational
    $1,895,691
    Medical
    $1,960,887
    Retail
    $2,948,853

Location Insight

City
Parma
County
Cuyahoga
State
Ohio
Latitude
41.4052
Longitude
-81.735
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,563
$37,770
$280,390
$318,160
-
$107,900
$801,100
$909,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].