0 Andrus Rd Northwood, OH 43619
This exceptional 11-acre parcel presents a compelling investment opportunity in Northwood, Ohio. Zoned M-2 for heavy industrial use, this flat, build-ready site offers significant potential for development. Priced at $50,000 per acre, the property boasts convenient access to major transportation arteries, including I-75 (1.5 miles), I-280 (5 miles), and the Ohio Turnpike (I-80/90) (5 miles). Utilities are readily available nearby. The location within a high-demand industrial market, coupled with its proximity to industry giants like Amazon, First Solar, Stellantis, General Motors, and Whirlpool, ensures strong growth potential and long-term appreciation. Northwood's business-friendly environment and attractive tax incentives, combined with access to a skilled workforce from numerous nearby colleges and universities, further enhance the property's desirability. This prime location offers unparalleled advantages for industrial development and strategic investment. The property is ideal for businesses seeking a strategic location within a thriving industrial hub. The asking price is $550,000. The average rent per square foot in the area is $1.15.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.