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Property profile & analytics
OFF-MARKET
Mixed-use properties

0 Woodville Rd Northwood, OH 43619

1.3 ac lot
Property ID
Property summary
AI-generated overview

Exceptional mixed-use land investment opportunity in Northwood, Ohio's burgeoning Enclave development. This prime location offers lots ranging from 1.3 to 120 acres, zoned for Central Business District (CBD) use. The Enclave is a thriving, master-planned community designed for age-in-place living, featuring a completed Main Street with retail, commercial, and office spaces already established. Future development includes townhomes, apartments, single-family homes, and senior living options, creating a vibrant and diverse community. Businesses will benefit from a strong local economy, proximity to major employers like First Solar, Pilkington/NSG, Amazon, and key automotive suppliers. The area boasts convenient access to Interstates 75, 280, and 80/90, ensuring excellent connectivity. Economic incentives are available, and the streamlined approval process facilitates efficient development. The Enclave also features a new community center (opening Spring 2024) and a planned 1.5 miles of walking trails connecting to Maumee Bay State Park and Lake Erie. A new 150-unit apartment complex is slated to begin construction in Spring 2024, further enhancing the area's appeal and projected traffic increase of 18% since 2022. This is an unparalleled chance to be part of a dynamic, growing community and capitalize on the significant potential of this mixed-use development. Ten commercial and mixed-use sites are currently available.

Property profile
Verified
Property type Mixed-use properties
Lot 1.3 ac (56,628 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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