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

    Lauren Ln Northwood, OH 43619

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.5-Acre Pad Site, High Traffic Area

    Property Features for 0 Lauren Ln

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    We can help!

    Listing Contact
    Duke Wheeler
    Duke Wheeler

    Listing Agent: Duke Wheeler

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

    Learn more

    Overview

    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 Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Northwood
    County
    Wood
    State
    Ohio
    Longitude
    -83.5363323
    Latitude
    41.6056218

    Nearby Similar for Sale

    • Contact for pricing

      Duplex Ready for Immediate Possession

      Duplex suitable for investors or single-family conversion with immediate possession.
      4303 Williston Rd, Northwood, OH 43619
      View Details
    • Contact for pricing

      Northwood Industrial Center For Sale

      71,687 SF industrial center with long-term tenants in place.
      6943 Wales Rd, Northwood, OH 43619
      View Details
    • $24,995,000
      213,687 SF

      Prime Medical Office Investment

      Ohio NNN Lease, 213K SF, 8.08% Cap Rate
      6750 Wales Rd, Northwood, OH 43619
      View Details
    • $1,295,000
      17,136 SF

      Commerce Park Retail Center

      Ohio Shopping Center Investment Opportunity
      500 Commerce Park Blvd, Northwood, OH 43619
      View Details
    • $24,995,000
      213,687 SF

      Industrial Buildings Near I-75

      Three adjoining industrial buildings with credit tenant near I-75.
      6750 Wales Rd, Northwood, OH 43619
      View Details
    • $1,150,000
      4.28 Acres

      Prime Northwood Commercial Building

      Spacious building, ample parking, ideal location.
      2725 Tracy Rd, Northwood, OH 43619
      View Details
    • Contact for pricing
      23,500 SF

      Northwood Retail Building - For Sale/Lease

      23,500 SF Retail Space, Excellent Location
      2802 Curtice Rd, Northwood, OH 43619
      View Details
    • Contact for pricing
      17,136 SF

      Retail Buildings in Commerce Park

      Two retail buildings with income potential in Northwood, Ohio.
      500-510 Commerce Park Blvd, Northwood, OH 43619
      View Details
    • Contact for pricing
      1 SF

      Northwood Ohio Warehouse Investment

      Multi-Tenant Warehouse, Excellent Investment Opportunity
      6943 Wales Rd, Northwood, OH 43619
      View Details

    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 Call to check price and availability
    Request Owner's contact information
    Lauren Ln Northwood, OH 43619
    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.
    Lauren Ln
    Northwood, OH 43619
    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
    Lauren Ln Northwood, OH 43619
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Duke Wheeler
    Duke Wheeler
    Real Estate License ID: OH 2002018621
    (419) 346-5826
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!