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    Commerce Park Blvd Northwood, OH 43619

    Sponsored
    For Sale
    $325,000

    11.68 Acres, CBD Zoning, Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11.68-acre commercial land parcel presents a unique development opportunity in Northwood, Ohio. Located at 0 Commerce Park Blvd, the property boasts a highly desirable Central Business District (CBD) zoning designation, opening doors to a wide range of commercial uses. Its strategic location offers convenient access to major transportation arteries, including Woodville Road and the I-280 interchange (within a half-mile radius). Furthermore, its proximity to the Enclave Development, the site of the former Woodville Mall, positions it within a rapidly evolving and revitalized area. The property's substantial size and prime location make it an ideal investment for developers seeking to capitalize on the growing demand for commercial space in Northwood. The asking price is $325,000, and the APN is M50-812-340323027000. This is a rare chance to acquire a significant land holding in a thriving Ohio community. Serious inquiries are encouraged.

    Property Features for 0 Commerce Park Blvd

    General Information

    Property type
    Land
    Lot Size
    508,781 SF

    HighLights

    • Northwood location.
    • Convenient access to I‑280 (1/2 mile from interchange).
    • Proximity to Enclave Development (former Woodville Mall, 1/2 mile).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Northwood
    County
    Wood
    State
    Ohio
    Longitude
    -83.47090750034
    Latitude
    41.604718481245

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    FAQs

    What type of property is this?
    Land - 11.68 Acres, CBD Zoning, Development Opportunity
    Where is this land located?
    The property is located at Commerce Park Blvd Northwood, OH.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Northwood location.; Convenient access to I-280 (1/2 mile from interchange).; Proximity to Enclave Development (former Woodville Mall, 1/2 mile).
    (419) 250-2769
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    Commerce Park Blvd 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
    Commerce Park Blvd Northwood, OH 43619
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