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Salem Unity Rd
Columbiana, OH 44408
CRA Tax abatement possible · Land For Sale · 19.00 AC

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EXECUTIVE SUMMARY

Approximately 1,121 front feet X 732 feet. We are told that the property can qualify for zoning C-4 which would allow most any anticipated use.
Located in Mahoning County on Route 14 (Salem-Unity Road) in Columbiana, Ohio about a mile West of the Routes 14 and 46 intersection. Also about 5 miles from State Route 11.
Possible CRA Tax Abatement Program
The purpose of the CRA is to encourage revitalization of the existing housing and building stock and the construction of new structures.
HOW DOES IT WORK?
Residential:
Residential applicants will pick up an application (CRA Form 1) when applying for a building permit. Residential applicants will have 1 year from completion of project to complete application, in order to have it filed with the county auditor.
Business:
• Prior to construction business applicants will pick up and fill out an application (CRA Form 1 and CRA Form 2).
• The business may begin construction of its facility after steps 1-12 of the business process (CRA Form 2) are completed.
• All commercial and industrial projects are required to comply with the state application fee, presently $750.00, requirements of ORC Section 3735.672 (C) and the local annual monitoring fee of one percent of the amount of taxes exempted under the agreement – a minimum of $500 up to a maximum of $2500 annually unless waived.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 19.00 AC
Zoning C4 - We are told by the zoning office that C4 would be the permissible category for this property.

1 LOT AVAILABLE

Lot

Price $1,500,000
Price Per AC $78,947.37
Lot Size 19.00 AC

Mahoning County Parcel #'s 54-156-0-001.00-0 & 54-156-0-002.00-0

DESCRIPTION

Approximately 1,121 front feet X 732 feet. We are told that the property can qualify for zoning C-4 which would allow most any anticipated use. Located in Mahoning County on Route 14 (Salem-Unity Road) in Columbiana, Ohio about a mile West of the Routes 14 and 46 intersection. Also about 5 miles from State Route 11. Possible CRA Tax Abatement Program.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
54-156-0-002.00-0
Land Assessment
$31,330
Improvements Assessment
$0
Total Assessment
$31,330
  • Listing ID: 6560847

  • Date on Market: 3/31/2017

  • Last Updated:

  • Address: Salem Unity Rd, Columbiana, OH 44408

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