2500 Oregon RdNorthwood, OH 43619

Property Details for 2500 Oregon Rd

Year built

1969

Lot size

1.00 AC

Property size (Sq ft)

1,442 SF

Property type

Land

Property subtype

Commercial land

APN

M50-300-2400-00-012.000

APU

M50300240000012000

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $282,552

  Hospitality

  $258,816

  Educational

  $215,332

  Medical

  $222,737

  Retail

  $334,961

Location Insight

City

Northwood

County

Wood

State

Ohio

Latitude

41.6084

Longitude

-83.5386

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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