909 Lemoyne Rd Northwood, OH 43619
- Manufacturing properties
- 9,780 SF
- 12.90 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 909 Lemoyne Rd
- Year built
- 1940
- Lot size
- 12.90 lot acres
- Property size
- 9,780 SF
- Property type
- Manufacturing properties
- APN
- H28-712-0301-01-002.000
- APU
- H28712030101002000
Description
Exceptional opportunity to lease a 15-acre property in Wood County, ideally suited for agricultural operations. The site boasts a substantial 300,000 square foot greenhouse and growing space, providing ample room for cultivation and expansion. This turnkey operation benefits from convenient access to city water and natural gas utilities, minimizing operational complexities and maximizing efficiency. The existing retail garden center presents a unique opportunity to generate immediate revenue and engage directly with consumers. The single-tenancy nature of the lease provides exclusive control and operational freedom. This property is perfect for established agricultural businesses seeking to expand their operations or entrepreneurs looking to establish a thriving venture in a prime location. The expansive acreage offers significant potential for future development and diversification, allowing for adaptability to evolving market demands. The combination of greenhouse space, retail presence, and readily available utilities makes this a truly exceptional opportunity within the agricultural sector. Serious inquiries only. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,165,000
- 6.5%
- $1,160,000
- 7%
- $1,150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,420,000
- Geo Method
- $1,520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,170,000
- Retail
- $1,485,000
- Mixed-Use
- $1,420,000
- Hospitality
- $1,115,000
- Educational
- $1,370,000
- Residential Income
- $1,420,000
- Energy
- $1,085,000
- Income-Based Land
- $1,135,000
- Food Service
- $1,325,000
Location Insight
- Map
- Local Demand
- City
- Northwood
- County
- Wood
- State
- Ohio
- Longitude
- -83.4718
- Latitude
- 41.6007
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA