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    Lauren Ln Northwood, OH 43619

    For Sale
    $500,000

    1.5-Acre Pad Site, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.5-acre commercial land parcel, located at 0 Lauren Lane (also known as 7554 Arbor Drive) in Northwood, Ohio (Wood County, zip code 43619), presents a unique development opportunity. The property boasts significant frontage on three roads: Oregon Road (with 10,700 vehicles per day), Arbor Drive, and Lauren Lane, offering excellent visibility and accessibility. Measuring approximately 165.46' x 391.38', the lot is zoned C - Commercial (City of Northwood) and features two existing curb cuts, one on Arbor Drive and one on Lauren Lane. Its prime location at the northeast corner of the signalized intersection of Oregon Road and Arbor Drive provides unparalleled exposure. Nearby businesses include TSN Global across Oregon Road and Arby's across Arbor Drive. The property benefits from its proximity to a four-way I-75 interchange (less than half a mile), one exit south of the Hollywood Casino, and Owens Community College (less than one mile). Two hotels are also within a half-mile radius, further enhancing its commercial viability. This is an ideal site for a variety of commercial developments. The asking price is $500,000.

    Property Features for 0 Lauren Ln

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • Prime location in the heart of downtown.
    • High‑traffic area with excellent visibility.
    • Recently renovated with modern finishes and updated systems.
    • Flexible floor plan suitable for various business types.
    • Abundant on‑site parking.
    • Competitive lease rates.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Northwood
    County
    Wood
    State
    Ohio
    Longitude
    -83.5363323
    Latitude
    41.6056218

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    FAQs

    What type of property is this?
    Land - 1.5-Acre Pad Site, High Traffic Area
    Where is this land located?
    The property is located at Lauren Ln Northwood, OH.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Prime location in the heart of downtown.; High-traffic area with excellent visibility.; Recently renovated with modern finishes and updated systems.
    (419) 346-5826
    Request Owner's contact information
    Lauren Ln 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
    Lauren Ln Northwood, OH 43619
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