4151 Woodville RdNorthwood, OH 43619

Property Details for 4151 Woodville Rd

Year built

1969

Lot size

0.07 AC

Property size (Sq ft)

15,096 SF

Property type

Retail properties

Property subtype

Retail space

APN

M50-812-3403-19-026.000

APU

M50812340319026000

Description

This exceptional 15,096-square-foot warehouse, situated on a 1.05-acre lot in Northwood, Ohio, presents a remarkable opportunity for a variety of businesses. Built in 1969 and extensively renovated in 2022, the property boasts a single-tenant occupancy and features a spacious, open floor plan ideal for retail or industrial uses. The high 12-foot ceilings provide ample storage and display space. A convenient overhead door at the rear facilitates efficient loading and unloading of inventory. The building's prime location on Woodville Rd (4151 Woodville Rd, Northwood, OH 43619) ensures high visibility, enhanced by the recently updated full-glass storefront and modern signage. The property includes 25 parking spaces for customer and employee convenience. Zoned for retail commercial use (APN: M50-812-340319026000), this property is located in the E. Toledo/Oregon/Northwood submarket of Wood County. The previous tenant, Stylish Home Furnishings, successfully utilized the space for retail furniture sales, demonstrating the property's adaptability and potential. This well-maintained building offers a compelling combination of size, location, and modern amenities, making it an ideal investment for the discerning business owner.

• CAP approach

  CAP return

  Valuation

  6%

  $3,798,852

  6.5%

  $3,506,633

  7%

  $3,256,159

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,558,441

  Geo Method

  $3,558,441

• Alternative Use

  Use

  Valuation

  Residential

  $2,957,976

  Hospitality

  $2,709,490

  Educational

  $2,254,264

  Medical

  $2,331,792

  Retail

  $3,506,633

Location Insight

City

Northwood

County

Wood

State

Ohio

Latitude

41.6071

Longitude

-83.4718

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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