2500 Oregon Rd Northwood, OH 43619
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.