0 Andrus RdNorthwood, OH 43619

For Sale
$550,000

11 Acres, Heavy Industrial Zoning, $550,000

Overview

Added:
Feb 13
Days on market:
29
This exceptional 11-acre parcel presents a compelling investment opportunity in Northwood, Ohio. Zoned M-2 for heavy industrial use, this flat, build-ready site offers significant potential for development. Priced at $50,000 per acre, the property boasts convenient access to major transportation arteries, including I-75 (1.5 miles), I-280 (5 miles), and the Ohio Turnpike (I-80/90) (5 miles). Utilities are readily available nearby. The location within a high-demand industrial market, coupled with its proximity to industry giants like Amazon, First Solar, Stellantis, General Motors, and Whirlpool, ensures strong growth potential and long-term appreciation. Northwood's business-friendly environment and attractive tax incentives, combined with access to a skilled workforce from numerous nearby colleges and universities, further enhance the property's desirability. This prime location offers unparalleled advantages for industrial development and strategic investment. The property is ideal for businesses seeking a strategic location within a thriving industrial hub. The asking price is $550,000. The average rent per square foot in the area is $1.15.

Highlights

  • $550,000 asking price for 11 acres of industrial land.
  • M-2 Heavy Industrial zoning.
  • $50,000/acre land value.
  • Utilities nearby.
  • Prime location in high-demand industrial market near I-75, I-280, and the Ohio Turnpike (I-80/90).
  • Flat topography.

Property Details for 0 Andrus Rd

Property type
Other land, Other industrial properties
Lot Size (sq. ft)
479,160 SF

Location Insight

City
Northwood
County
Wood
State
Ohio
Latitude
41.6157985
Longitude
-83.5276426
Andrus Rd, Northwood, Ohio

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0 Andrus Rd
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