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Property profile & analytics
OFF-MARKET
Land

0 Andrus Rd Northwood, OH 43619

11 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 11 ac (479,160 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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