Specialty Properties in Parma, Ohio offer a unique investment opportunity for those looking to diversify their portfolio. With a strong focus on safety, Parma has been ranked as the third safest city in the United States with a population of 25,000 or more, making it an attractive location for businesses and residents alike. Specialty Properties in Parma can represent a range of investments, from commercial properties to unique land opportunities. The city's commercial sector has seen significant growth, with the development of small businesses and the presence of companies like General Motors and Cox Cable. Parma's amenities, such as the University Hospitals Parma Medical Center and West Creek Reservation, make it an attractive location for businesses and residents. The city's location on the southern edge of Cleveland, approximately 3 miles south of Cleveland's southern border, provides easy access to major transportation hubs like the Cleveland Hopkins International Airport.
Currently, there are 1 Specialty Properties for sale in Parma, Ohio, offering a range of investment opportunities. The average price per square foot for these properties is $141 USD, with an average size of 12,093 square feet. The largest property available is 12,093 square feet. In addition to Specialty Properties, Parma also offers a range of other property types, including Shopping Centers, Land, Office Properties, and Warehouses. Shopping Centers in Parma, such as The Shoppes at Parma, offer a range of retail opportunities. Land in Parma can be used for development or investment purposes. Office Properties in Parma are home to a range of businesses, from small startups to larger companies. Warehouses in Parma provide storage and logistics opportunities for businesses. Overall, Parma, Ohio offers a range of investment opportunities for those looking to diversify their portfolio.
What financing options are available for specialty property purchases?
When it comes to financing options for specialty property purchases in Parma, Ohio, buyers have several alternatives to consider. For instance, commercial real estate loans (CRE loans), as explained in our article at CRE loans, can provide the necessary funding for acquiring unique properties, such as those with 1 available listings, averaging $141 USD per square foot, and ranging in size from 12,093 square feet to 12,093 square feet, with an average cap rate of.
