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    7101 Wales Rd Northwood, OH 43619

    For Sale
    $360,000

    Prime Commercial/Industrial Land, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 9-acre parcel, located at 7101 Wales Rd in Northwood, Ohio (Wood County, zip code 43619), presents a unique opportunity for commercial or industrial development. The property boasts significant frontage on Wales Road and is strategically positioned near the Wales Road/I-75 interchange, ensuring high visibility and convenient access. Zoning permits both commercial and industrial uses, offering flexibility for a wide range of projects. The lot features irregular dimensions, with a depth exceeding 500 feet and frontage of approximately 625 feet (across two parcels). Utilities are readily available, including natural gas, electricity, water (12" main on Wales Rd), sewer (8" mains on Wales and Jamestown/Potomac), and storm drainage. The property's APN is M503002400000050. Annual property taxes are $1462.70. This is a rare opportunity to acquire a substantial tract of land in a high-growth area with excellent infrastructure and accessibility. Serious inquiries only.

    Property Features for 7101 Wales Rd

    General Information

    Property type
    Land
    Lot Size
    392,040 SF

    HighLights

    • 9‑acre commercial/industrial parcel in Northwood, OH (43619).
    • High visibility location with I‑75 access.
    • Utilities available: natural gas, electricity, 12" water main, 8" sewer mains.
    • Storm drainage available.
    • Irregular lot, approx. 625' frontage, depth exceeding 500'.
    • Annual property taxes: $1462.70.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Nail Salon Building Supply Pharmacy Auto Repair Shop Wholesale Shop Kitchen & Bath Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Northwood
    County
    Wood
    State
    Ohio
    Longitude
    -83.5307361
    Latitude
    41.6087276

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Industrial Land, Excellent Location
    Where is this land located?
    The property is located at 7101 Wales Rd Northwood, OH.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: 9-acre commercial/industrial parcel in Northwood, OH (43619).; High visibility location with I-75 access.; Utilities available: natural gas, electricity, 12" water main, 8" sewer mains.
    (937) 470-9011
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    7101 Wales Rd Northwood, OH 43619
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    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
    7101 Wales Rd Northwood, OH 43619
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