0 Andrus Rd Northwood, OH 43619
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.