3401 Woodville RdNorthwood, OH 43619

Property Details for 3401 Woodville Rd

Year built

1987

Lot size

0.08 AC

Property size (Sq ft)

13,734 SF

Property type

Retail properties

Property subtype

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.

• CAP approach

  CAP return

  Valuation

  6%

  $3,456,110

  6.5%

  $3,190,255

  7%

  $2,962,380

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,237,390

  Geo Method

  $3,237,390

• Alternative Use

  Use

  Valuation

  Residential

  $2,691,100

  Hospitality

  $2,465,033

  Educational

  $2,050,878

  Medical

  $2,121,411

  Retail

  $3,190,255

Location Insight

City

Northwood

County

Wood

State

Ohio

Latitude

41.6125

Longitude

-83.4798

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].