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785 S Main St - Main St & Broadway

12 Acres of Industrial Land Offered at $5,000,000 in Akron, OH 44311

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Investment Highlights

Located at a newly constructed interstate highway exit, at the gateway to downtown Akron and the University of Akron

Located in a Qualified Opportunity Zone

Executive Summary

Located in a Qualified Opportunity Zone, which may afford favorable federal tax advantages to applicable buyers
2 land parcels totaling +- 12 acres

Akron Land Flyer 1-8-25

Property Facts

Price	$5,000,000	Property Subtype	Industrial
Sale Type	Investment	Proposed Use	Commercial
Sale Conditions	Build to Suit Lease Option Redevelopment Project	Total Lot Size	12.00 AC
No. Lots	1	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 Type	Land

Price	$5,000,000
Sale Type	Investment
Sale Conditions	Build to Suit Lease Option Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Commercial
Total Lot Size	12.00 AC
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.

1 Lot Available

Lot

Price	$5,000,000	Lot Size	12.00 AC
Price Per AC	$416,666.67

Price	$5,000,000
Price Per AC	$416,666.67
Lot Size	12.00 AC

Qualified Opportunity Zone location 2 land parcels totaling +- 12 acres

PROPERTY TAXES

Parcel Numbers	Multiple 68-05390 68-05391 67-16166	Improvements Assessment	$11,186
Land Assessment	$46,876	Total Assessment	$58,062

PROPERTY TAXES

Parcel Numbers

Multiple

68-05390
68-05391
67-16166

Land Assessment

$46,876

Improvements Assessment

$11,186

Total Assessment

$58,062

zoning

Zoning Code	I (Industrial)
I (Industrial)

(216) 218-0259

Contacts

Terry Coyne
Ann Davis
Newmark

Listing ID: 34424973
Date on Market: 8/15/2018
Last Updated:
Address: 785 S Main St, Akron, OH 44311

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