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Thornwood - Seminary Ridge Business Park - Heath 100 Acre 100 Acres of Industrial Land Offered at $10,000,000 in Heath, OH 43056

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Investment Highlights

manufacturing site
publicly-owned land

three miles from Interstate 70

Marketing Sheet-100 Acre Seminary Ridge Heath

Property Facts

Price	$10,000,000	Proposed Use	Industrial Park
Sale Type	Owner User	Total Lot Size	100.00 AC
No. Lots	1	Cross Streets	Beaver Run Rd
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Industrial
Zoning	M-2 - Heavy industrial

Price	$10,000,000
Sale Type	Owner User
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Industrial Park
Total Lot Size	100.00 AC
Cross Streets	Beaver Run Rd
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M-2 - Heavy industrial

1 Lot Available

Lot

Price	$10,000,000	Lot Size	100.00 AC
Price Per AC	$100,000.00

Price	$10,000,000
Price Per AC	$100,000.00
Lot Size	100.00 AC

The +/-100-acre site is located along Thornwood Drive and Beaver Run Road in Heath, west of St. Rt. 79. It is publicly-owned by the Port Authority for manufacturing development.

Description

The +/-100-acre Heath site is conveniently located along Thornwood Drive and Beaver Run 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. - Recent sanitary sewer extension was completed with the City of Heath and is expected to be fully operational by 2Q 2023. - In 2022, a water line extension was completed by the City of Heath for fire suppression and potable water supply. - Redundant electric serves the site. AEP's new substation opened in 2020 and the site is also served by The Energy Cooperative (LRE).