Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2412 Woodville Rd Oregon, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Freestanding restaurant building with high visibility and ample parking.

    Type:RETAIL
    Property size:
    2,484 SF
    Lot size:
    0.31 Acres
    Added:
    Mar 13, 2025
    Days on Market:
    414
    Last Refresh:
    Apr 5 at 10:55 pm

    Property Features for 2412 Woodville Rd

    General Information

    Standard status
    Active
    Size
    2,484 SF
    Lot size
    0.31 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Duke Wheeler

    Listing agent Duke Wheeler

    Listing office Reichle | Klein Group

    Listing date Mar 13, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Reichle | Klein Group

    Overview

    Freestanding Restaurant Building For Lease

    This freestanding restaurant building features 150 feet of frontage on Woodville Road, which sees 10,466 vehicles per day as of 2024. The property offers excellent visibility with opportunities for pylon and fascia signage. Ample parking is available, along with dual access points via full-access curb cuts. The surrounding area is densely populated, with 107,796 residents within a 5-mile radius. The property benefits from the expanding demographic base and growing commercial development in Oregon. The building size is 2,484 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Law Firm Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Storage Facility Electronics & Wireless Store (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Mobile Phone Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oregon
    County
    Lucas
    State
    Ohio
    Longitude
    -83.4406
    Latitude
    41.6692

    Nearby Similar for Sale

    • $179,900
      39,457 SF

      Medical Office Condo Near Hospital

      Well-maintained medical office condo near I-280 and St. Charles Hospital.
      1050 Isaac Streets Drive #128, Oregon, OH 43616
      View Details
    • Contact for pricing

      Established Coffee Shop Investment Opportunity

      Long-term leased coffee shop with franchisee guarantee.
      2655 Navarre Ave, Oregon, OH 43616
      View Details
    • Contact for pricing

      Former Dental Office For Sale

      First-floor office in mixed-use building with ample parking.
      3015 Navarre Avenue, Oregon, OH 43616
      View Details
    • $299,000
      1,146 SF

      Freestanding Retail Building with Billboard

      Well-maintained retail building with high exposure and digital billboard.
      2310 Woodville Rd, Oregon, OH
      View Details
    • $1,795,000
      16,861 SF

      Navarre Avenue Investment Opportunity

      Retail, storage, and parking property on high-traffic Navarre Avenue.
      2701 Navarre Ave, Oregon, OH 43616
      View Details
    • $60,000
      1,250 SF

      Medical Office Condominium For Sale

      Medical office condominium in Oregon area, perfect for investors.
      2735 Navarre Ave, Oregon, OH 43616
      View Details
    • $355,000
      4,620 SF

      Office Building For Sale

      Office building with 4620 square feet available for sale.
      1050 Isaac Streets Dr, Oregon, OH 43616
      View Details

    FAQs

    What type of property is this?
    Restaurant - Freestanding restaurant building with high visibility and ample parking.
    Where is this restaurant located?
    The property is located at 2412 Woodville Rd Oregon, OH.
    What are key features of this property?
    This property features: Freestanding restaurant building with **150' frontage on Woodville Road**; High traffic volume: 10,466 VPD (2024); **Excellent visibility with pylon and fascia signage opportunities**
    (419) 346-5826 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Duke Wheeler
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!