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    3401 Woodville Rd Northwood, OH 43619

    • Retail space
    • 13,734 SF
    • 0.08 lot acres
    For Lease
    View listing
    $10 SF/Yr
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US66-2185057
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 3401 Woodville Rd

    Year built
    1987
    Lot size
    0.08 lot acres
    Property size
    13,734 SF
    Property type
    Retail space
    APN
    M50-812-3302-04-015.000
    APU
    M50812330204015000

    Description

    This exceptional 13,352 square foot multi-tenant property at 3401 Woodville Rd, Northwood, Ohio 43619, offers a unique investment opportunity. Currently, there are two available spaces, ranging from 1,000 to 1,250 square feet, within a larger building totaling 13,352 square feet. The property is classified as Special Purpose, encompassing both retail and office space uses. The building is situated in the renovated Woodway Plaza, benefiting from high visibility and convenient access. Its strategic location directly off I-280 ensures excellent exposure and accessibility for businesses. The surrounding area boasts a strong concentration of established national brands, including Taco Bell, Speedway, Applebee's, McDonald's, and Meijer, creating a vibrant and high-traffic commercial environment. This presents a compelling opportunity for businesses seeking a well-located space within a thriving retail corridor. A total of 2,250 square feet is currently vacant, providing flexibility for various business needs. This property is ideal for businesses seeking high visibility and convenient access to major transportation routes and established businesses. The property's location in the renovated Woodway Plaza offers a modern and well-maintained environment.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $410,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $450,000
      Mixed-Use
      $385,000
      Hospitality
      $385,000
      Educational
      $390,000
      Residential Income
      $440,000
      Energy
      $435,000
      Income-Based Land
      $370,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Northwood
    County
    Wood
    State
    Ohio
    Longitude
    -83.4798
    Latitude
    41.6125
    CBSA code
    45780
    CBSA name
    TOLEDO, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,210
    $6,580
    $57,440
    $64,020
    -
    $18,800
    $164,100
    $182,900

    Comparable in this City

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      Rood St

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      Rood St

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
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    • Value Estimation by Request
      0.08 Acres

      Woodville Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      Woodville Rd, Northwood, OH 43619
      View Details

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    Similar Nearby for Lease

    • $14 SF/Yr
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      Retail Space in Northwood, OH

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      3310 Woodville Rd, Northwood, OH 43619
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    • $10 SF/Yr
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      Prime Northwood location, 2 spaces available
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    3401 Woodville Rd
    Northwood, OH 43619
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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