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    Old Airport Rd Wooster, OH 44691

    For Sale
    $1,221,000

    20-Acre Industrial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 20.35-acre commercial and industrial land parcel presents a significant investment opportunity in Wooster, Ohio. Located at the end of Old Airport Road, on the east side of the road, this property boasts a highly desirable I-2 General Industrial zoning designation, allowing for a wide range of industrial uses. The asking price is $1,221,000, translating to a competitive $60,000 per acre. The property's strategic location offers excellent accessibility and visibility, situated west of the new Daisy facility and north of LuK USA. Its substantial size provides ample space for development, making it ideal for businesses seeking expansion or new construction. The property's address is Old Airport Rd, Wooster, OH 44691, within Wayne County. The Assessor's Parcel Number (APN) is 67-01151.000. This prime industrial land offers a rare chance to establish a strong presence in a thriving industrial area. The location's proximity to established businesses suggests a strong potential for synergy and growth. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 0 Old Airport Rd

    General Information

    Property type
    Land
    Lot Size
    886,446 SF

    HighLights

    • $1,221,000 asking price.
    • 20.35‑acre land parcel.
    • I‑2 General Industrial zoning.
    • $60,000/acre land value.
    • Located in Wooster, OH, Wayne County, zip code 44691, at the end of Old Airport Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wooster
    County
    Wayne
    State
    Ohio
    Longitude
    -81.91034
    Latitude
    40.841038

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    FAQs

    What type of property is this?
    Land - 20-Acre Industrial Lot, Prime Location
    Where is this land located?
    The property is located at Old Airport Rd Wooster, OH.
    What is the asking price?
    The asking price for this property is $1,221,000.
    What are key features of this property?
    This property features: $1,221,000 asking price.; 20.35-acre land parcel.; I-2 General Industrial zoning.
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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
    Old Airport Rd Wooster, OH 44691
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