0 Lauren Ln Northwood, OH 43619
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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