3200 Woodville Rd Northwood, OH 43619-1579
This exceptional investment opportunity presents a fully leased, two-story, four-unit office and service complex located at 3200 Woodville Road, Unit 3200, Northwood, OH. The property boasts approximately 36,290 dollars in annual gross rents, with built-in rent increases ensuring consistent income growth. Currently, three of the four suites are occupied by a single tenant, with a long-standing hair salon occupying the remaining suite, providing stability and established clientele. This turnkey investment offers immediate cash flow and a strong tenant base. The sale includes three parcels of land, totaling 0.34 acres, which encompasses the main building and an adjacent 0.24-acre parking lot, providing ample parking for tenants and visitors. The property's classification is "Other," reflecting its unique blend of office and service spaces, making it suitable for a diverse range of businesses. The asking price for this lucrative investment is $239,000. This presents a rare opportunity to acquire a stable, income-generating property with significant potential for future appreciation in a desirable Northwood location. The property's size is not specified in the provided information. This is a prime opportunity for investors seeking a reliable and profitable addition to their portfolio.
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
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.