Listing Agency: NAI Pleasant Valley - Akron Show Phone

Listed By: Margaret Slesnick · License #2016001550 Show Phone

Source: Moodyscre

Added: Aug 2, 2023 Changed: Oct 15 Last Checked: Oct 23 at 4:26AM

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Investment Insights

Based on property information with market context.

This one-acre development opportunity is the site of a former Speedway gas station and convenience store. The property is located in the Northwood E175 Wales + Buck neighborhood, adjacent to the I-75 North Interchange at the intersection of Oregon Road and Wales Road. An environmental NFA has been issued for the site. A deed restriction is in place, preventing the same use as the former gas station. Job-creating tax incentives may be available for qualified employers. Taxes are $5,228.29 per half.

Key Highlights

• Development opportunity on a 1‑acre lot.
• Adjacent to I‑75 North Interchange.
• Environmental NFA Issued.

Property Analytics

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Current Use

Gas stations

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Law Firm Pharmacy Parking Lot & Garage Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

139

Businesses Nearby

25k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 49% Shops & Services 48% Hotels & Casinos 3%

Dollar General Shops & Services

6,596 visits/mo 0.5 miles

Arby's Dining

6,141 visits/mo 0.3 miles

Mobil Shops & Services

5,478 visits/mo 0.1 miles

Jimmy John's Dining

3,836 visits/mo 0.0 miles

Little Caesars Pizza Dining

2,334 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Gas station - One-acre development opportunity near I-75 in Northwood, Ohio.

Where is this gas station located?

The property is located at 2500 Oregon Rd Northwood, OH.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Development opportunity on a 1‑acre lot.; Adjacent to I‑75 North Interchange.; Environmental NFA Issued.