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    500-510 Commerce Park Blvd Northwood, OH 43619

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    For Sale
    $1,295,000

    Two retail buildings with income potential in Northwood, Ohio.

    Property size:
    17,136 SF
    Lot size:
    2.26 Acres

    Property Features for 500-510 Commerce Park Blvd

    General Information

    Size
    17,136 SF
    Lot size
    2.26 Acres

    Source: Reichle | Klein Group Agent Joe Belinske

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Buildings in Commerce Park

    Two commercial retail buildings are available, presenting an owner/user investment opportunity with cash flow. Building 500 is 7,136 square feet and is 100% occupied by four tenants who reimburse all operating expenses. Building 510 is 10,000 square feet and currently occupied by the owner and is available. The property includes ample parking with 87 spaces that have been recently sealed and stripped. The property is located at 500-510 Commerce Park Blvd, Northwood, OH. The total property size is 17,136 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Northwood
    County
    Wood
    State
    Ohio
    Longitude
    -83.4716721
    Latitude
    41.6061513

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      Commerce Park Retail Center

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    FAQs

    What type of property is this?
    Shopping center - Two retail buildings with income potential in Northwood, Ohio.
    Where is this shopping center located?
    The property is located at 500-510 Commerce Park Blvd Northwood, OH.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - Excellent owner/user investment opportunity with cash flow; - Building 510 (10,000 SF) is owner-occupied and available for use; - Building 500 (7,136 SF) is 100% occupied with 4 tenants
    (419) 367-1001
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    500-510 Commerce Park Blvd Northwood, OH 43619
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500-510 Commerce Park Blvd Northwood, OH 43619
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