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Thornwood Dr & Ridgely Tract
Heath, OH 43056
Seminary Ridge Business Park - Heath 60 Acre · Land For Sale
·
60.00 AC
INVESTMENT HIGHLIGHTS
- pre-negotiated 100%/15-year property tax exemption
- three miles from Interstate 70
- manufacturing site
PROPERTY FACTS
| Sale Type | Owner User | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 60.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Industrial | ||
| Zoning | M-2 - Heavy Industry zoning. | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 60.00 AC |
| Opportunity Zone |
Yes |
| Zoning | M-2 - Heavy Industry zoning. |
1 LOT AVAILABLE
Lot
| Price | $6,000,000 | Lot Size | 60.00 AC |
| Price Per AC | $100,000.00 |
| Price | $6,000,000 |
| Price Per AC | $100,000.00 |
| Lot Size | 60.00 AC |
The +/- 60-acre site is located along Thornwood Drive at Ridgely Tract Road in Heath, west of St. Rt. 79. The +/- 60 acre is developable acreage of approx. 90 acres total. It is publicly-owned by the Port Authority for manufacturing development.
DESCRIPTION
The +/-60-acre Heath site is located along Thornwood Drive at Ridgely Tract Road, west of St. Rt. 79. The site is less than three miles north of Interstate 70 with access via four-lane St. Rt. 79. Heath offers a hassle-free, pre-negotiated 15-year/100% property tax exemption under its pre-94 CRA zone. The site is located amidst the 79|Seventy Advanced Materials Corridor. With the following highlights, the site offers opportunity for manufacturing development: - Pre-negotiated, 15-year/100% property tax exemption in pre-94 CRA zone. - Recently sanitary sewer extensions were completed with the City of Heath and is expected to be fully operational by 2Q 2023. - Redundant electric serves the site. AEP's new substation opened in 2020 with a 34.5KV line on the eastern site property line and The Energy Cooperative electric (LRE) also serves the site. - Division of the site could be as small as four acres and as large as 60 acres.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $538,760 | Total Assessment | $538,760 |
PROPERTY TAXES
