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    3405 Commerce Pkwy Wooster, OH 44691

    For Sale
    $225,000

    Prime Wooster land, ideal for office development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in Wooster, Ohio. Located at 3405 Commerce Parkway, this property is zoned C-1 Office/Institutional, offering significant flexibility for development. The expansive lot size provides ample space for a variety of commercial projects, catering to the needs of businesses seeking a strategic location within the city limits of Wooster. The property's address is 3405 Commerce Pkwy, Wooster, OH 44691, situated in Wayne County. Its convenient location offers easy access to major transportation routes, ensuring seamless connectivity for employees and clients. The asking price for this prime commercial land is $225,000. Given the favorable zoning and desirable location, this property represents a compelling investment opportunity for developers and businesses alike seeking to establish a presence in the thriving Wooster market. The latitude and longitude coordinates are 40.840893 and -81.946243 respectively. This is a rare opportunity to acquire a sizable commercial lot in a highly sought-after area. Don't miss out on this chance to build your business's future.

    Property Features for 3405 Commerce Pkwy

    General Information

    Property type
    Land
    Lot Size
    45,738 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wooster
    County
    Wayne
    State
    Ohio
    Longitude
    -81.946243
    Latitude
    40.840893

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    FAQs

    What type of property is this?
    Land - Prime Wooster land, ideal for office development.
    Where is this land located?
    The property is located at 3405 Commerce Pkwy Wooster, OH.
    What is the asking price?
    The asking price for this property is $225,000.
    (330) 264-4242
    Request Owner's contact information
    3405 Commerce Pkwy Wooster, OH 44691
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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
    3405 Commerce Pkwy Wooster, OH 44691
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