2500 Oregon Rd Northwood, OH 43619
- Commercial land
- 1,442 SF
- 1.00 lot acres
Current Use by Public Records
- Commercial land
Property Details for 2500 Oregon Rd
- Year built
- 1969
- Lot size
- 1.00 lot acres
- Property size
- 1,442 SF
- Property type
- Commercial land
- APN
- M50-300-2400-00-012.000
- APU
- M50300240000012000
Description
This exceptional 1-acre commercial lot, located at 2500 Oregon Road in Northwood, Ohio (zip code 43619), presents a prime development opportunity. Previously occupied by a Speedway gas station and convenience store, the property is zoned for commercial use and comes with a No Further Action (NFA) environmental report. A deed restriction prohibits the property from being used for the same purpose as its previous occupant. This presents a unique chance to create a new commercial venture in a high-traffic area. The site boasts excellent visibility and accessibility, situated adjacent to the I-75 North interchange at the intersection of Oregon Road and Wales Road, within the Northwood E175 Wales + Buck neighborhood. The property's strategic location offers significant advantages for businesses seeking high visibility and convenient access to major transportation routes. Furthermore, qualified employers may be eligible for job-creating tax incentives, adding further value to this investment. Annual property taxes are $5,228.29 (based on half-year assessment). This is a rare opportunity to acquire a well-located, commercially zoned parcel ready for immediate development. Don't miss out on this chance to build your business in a thriving Ohio community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Northwood
- County
- Wood
- State
- Ohio
- Longitude
- -83.5386
- Latitude
- 41.6084
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA