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Property profile & analytics
FOR SALE
Commercial land

2500 Oregon Rd Northwood, OH 43619

1,442 SF 1 ac lot Built 1969
Entity Owned 29-yr Hold Absentee Owner Free & Clear
Property ID
US66-1922662
2500 Oregon Rd, Northwood, OH 43619 For Sale
Contact for pricing 1,442 SF
2500 Oregon Rd, Northwood, OH 43619
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1969
Total area 1,442 SF
Lot 1 ac (43,560 SF)
APN M50-300-2400-00-012.000
UPID US66-1922662
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
EMRO MARKETING CO
EMRO MARKETING CO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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