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    3700 Williston Rd Northwood, OH 43619

    For Sale
    Contact for pricing

    Prime retail development opportunity. Three parcels, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land offering presents a unique investment opportunity in Northwood, Ohio. Comprising three parcels totaling approximately 4.09 acres (2.05 acres, 0.84 acres, and 1.20 acres respectively), this property is strategically located at a heavily traveled intersection of Hwy 51 and Williston Rd, boasting high visibility and accessibility. The site is zoned for commercial use and benefits from existing utilities and paved land, making it ideal for immediate development. Anchored by a Family Farm & Home store, this location enjoys significant traffic volume. Furthermore, its proximity (less than 1/8 mile) to "The Enclave," a large mixed-use development project currently under construction, promises increased population and enhanced commercial activity in the area. "The Enclave" is a 100-acre, $7 million project featuring residential and commercial properties. This prime location is perfectly suited for a variety of retail uses, including convenience stores, fast-food restaurants, and gas stations. Attractive incentives are available to prospective buyers, including a 100% tax abatement and eligibility for the Job Creation and Retention Program Grant. The City of Northwood actively encourages new businesses through various incentive programs. Individual parcel pricing is as follows: Parcel 1: $225,000

    Property Features for 3700 Williston Rd

    General Information

    Property type
    Land
    Lot Size
    36,590 SF

    HighLights

    • High‑visibility corner lot at a signalized intersection.
    • High‑traffic intersection of Hwy 51 and Williston Rd.
    • Anchored by a Family Farm & Home store.
    • Proximity to The Enclave, a new 100‑acre mixed‑use development.
    • Utilities available; paved site.
    • Ideal for retail development (convenience stores, fast food, gas stations).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Northwood
    County
    Wood
    State
    Ohio
    Longitude
    -83.459158
    Latitude
    41.5999427

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    FAQs

    What type of property is this?
    Land - Prime retail development opportunity. Three parcels, high traffic.
    Where is this land located?
    The property is located at 3700 Williston Rd Northwood, OH.
    What are key features of this property?
    This property features: High-visibility corner lot at a signalized intersection.; High-traffic intersection of Hwy 51 and Williston Rd.; Anchored by a Family Farm & Home store.
    Request Owner's contact information
    3700 Williston 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
    3700 Williston Rd Northwood, OH 43619
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