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Property profile & analytics
OFF-MARKET
Land

0 Andrus Rd Northwood, OH 43619

21.34 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21.34-acre parcel of land presents a remarkable opportunity for industrial or commercial development in Northwood, Ohio. Boasting a flat topography, the property offers two convenient access points from Tracy Road and Andrus Road, ensuring easy accessibility for both transportation and logistics. All essential utilities are readily available on-site, including gas, electric, sewer, and water connections, minimizing development hurdles and expediting project timelines. The property's strategic location provides significant advantages. It enjoys proximity to major transportation arteries, situated within one mile of the I-75 Wales Road exit and within five miles of both I-280 and the Ohio Turnpike (Interstate 80/90). Furthermore, the property benefits from its adjacency to CSX rail lines, although a spur is not currently present. This prime location offers excellent connectivity for businesses requiring efficient transportation networks. The flat terrain simplifies construction and site preparation, reducing development costs and timelines. This expansive land parcel is ideally suited for a variety of industrial or commercial uses, making it an attractive investment opportunity in a thriving Ohio market. The asking price is $1,173,700.

Property profile
Verified
Property type Land
Lot 21.34 ac (929,570 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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