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1833 E Market St 4.5 Acres of Industrial Land in Akron, OH 44305
Investment Highlights
- Great access to Interstate 76 (One-Min Drive) & Interstate 77 (Four-Min Drive) & Rail Accessible via Wheeling & Lake Erie Railway Company.
- With a new substation, the site could deliver 8-10 megawatts.
- Fresh river water ensures a reliable supply for various industrial processes and operational needs.
- Capacity prior to the vandalism of the onsite 1.5 MW substation was 3-5 Mega Watts.
- 138kv line running nearby. If connected via a large substation, the site could deliver power in the 25-50 megawatt range.
- Located in the East Akron Opportunity Zone.
Executive Summary
According to our preliminary discussions with First Energy in 2021, the site had a power capacity of 3-5 megawatts. This capacity could be increased to 8-10 megawatts with the necessary substation upgrades.
Furthermore, a nearby 138 kV line could boost the power capacity to an impressive 25-50 megawatts if utilized in conjunction with additional substation upgrades. This potential for high power capacity makes the site particularly attractive for energy-intensive industries.
Rail access is available via the Wheeling and Lake Erie Railway, offering a crucial logistical advantage for transporting goods and materials.
The site also benefits from access to fresh water from the river, ensuring a reliable supply for various industrial processes and operational requirements.
With its strategic location, substantial power capacity, dependable water supply, and excellent rail access, this industrial land site presents a compelling opportunity for redevelopment. Whether for manufacturing, logistics, or other industrial applications, the site's potential is immense and ready for transformation.
- Great access to Interstate 76 (One-Min Drive) & Interstate 77(Four-Min Drive).
- Capacity prior to the vandalism of the onsite 1.5 MW substation was 3-5 megawatts.
- With a new substation, the site could deliver 8-10 megawatts.
- 138kv line running nearby. If connected via a large substation, the site could deliver power in the 25-50 megawatt range.
- Rail Accessible via Wheeling & Lake Erie Railway Company.
- Fresh river water ensures a reliable supply for various industrial processes and operational needs.
- Located in the East Akron Opportunity Zone.
Furthermore, a nearby 138 kV line could boost the power capacity to an impressive 25-50 megawatts if utilized in conjunction with additional substation upgrades. This potential for high power capacity makes the site particularly attractive for energy-intensive industries.
Rail access is available via the Wheeling and Lake Erie Railway, offering a crucial logistical advantage for transporting goods and materials.
The site also benefits from access to fresh water from the river, ensuring a reliable supply for various industrial processes and operational requirements.
With its strategic location, substantial power capacity, dependable water supply, and excellent rail access, this industrial land site presents a compelling opportunity for redevelopment. Whether for manufacturing, logistics, or other industrial applications, the site's potential is immense and ready for transformation.
- Great access to Interstate 76 (One-Min Drive) & Interstate 77(Four-Min Drive).
- Capacity prior to the vandalism of the onsite 1.5 MW substation was 3-5 megawatts.
- With a new substation, the site could deliver 8-10 megawatts.
- 138kv line running nearby. If connected via a large substation, the site could deliver power in the 25-50 megawatt range.
- Rail Accessible via Wheeling & Lake Erie Railway Company.
- Fresh river water ensures a reliable supply for various industrial processes and operational needs.
- Located in the East Akron Opportunity Zone.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Industrial |
| Sale Condition | Redevelopment Project | Total Lot Size | 4.50 AC |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | U-5 Ordinary Industry - https://library.municode.com/oh/akron/codes/code_of_ordinances nodeId=TIT15LAUS_CH153ZOCO_ART5ACUSREDI_153.290ORINDILAU5 | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 4.50 AC |
| No. Stories | 2 |
| Opportunity Zone |
Yes |
| Zoning | U-5 Ordinary Industry - https://library.municode.com/oh/akron/codes/code_of_ordinances nodeId=TIT15LAUS_CH153ZOCO_ART5ACUSREDI_153.290ORINDILAU5 |
1 Lot Available
Lot
| Lot Size | 4.50 AC |
| Lot Size | 4.50 AC |
According to our preliminary discussions with First Energy in 2021, the site has a Power Capacity of 8-10 Megawatts. Taping into a nearby 138kv line would raise the Megawatt range to 25-50 MW.
Property Taxes
| Parcel Number | 68-21804 | Improvements Assessment | $54,310 |
| Land Assessment | $43,750 | Total Assessment | $98,060 |
Property Taxes
Parcel Number
68-21804
Land Assessment
$43,750
Improvements Assessment
$54,310
Total Assessment
$98,060
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1833 E Market St
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