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12676 Main Market Rd Burton, OH 44021

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For Sale
$2,000,000

64+ acres of industrial land with tax abatement opportunity.

Lot size:
64.43 Acres

Property Features for 12676 Main Market Rd

General Information

Standard status
Active
Lot size
64.43 Acres

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Listing Contact
Joseph A Zingales
Source: Exprealty

Listing Agency: Berkshire Hathaway HomeServices Professional Realty Listing Agent: Joseph A Zingales

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Industrial Land with Tax Abatement

This property features over 64 acres of industrial land with 848 feet of frontage on Route 422, situated across from the Great Lakes Industrial Parkway. Zoned M1 General Industry, the site offers potential for various uses, including a corporate office complex, light industrial facility, gas station, rehab or care facility, or distribution center. Natural gas is available on the property, and there are three city sewer manholes for easy access. The location is within a 700-mile radius of two-thirds of the population of the US and Canada, and less than 25 minutes from downtown Cleveland. Five airports are accessible within a 20 to 45-minute freeway drive. The property is close to the I-80 Turnpike and benefits from a traffic count of 14,859 vehicles per day. A traffic light is located at the east end of the property on Route 422, with a turning lane at an existing industrial park. Currently, the property includes three residential rental incomes, a large barn, and two horse walking stalls. There is an opportunity for up to a 15-year Community Revitalization Area (CRA) tax abatement for a limited time, potentially providing up to a 14% tax break over 15 years on new buildings. A property tax discount is also available for qualified forestry.
Location Intelligence

Current Use by Public Records

Industrial land

Suggested Use

Restaurant Building Supply Department Store Storage Facility Bar & Pub Veterinary Clinic Home Appliance Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Burton
County
Portage
State
Ohio
Longitude
-81.183324
Latitude
41.3905668

FAQs

What type of property is this?
Industrial land - 64+ acres of industrial land with tax abatement opportunity.
Where is this industrial land located?
The property is located at 12676 Main Market Rd Burton, OH.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: - Up to 15-year CRA tax abatement offering up to a 14% tax break on new buildings (limited time offer).; - Prime industrial location on Rt. 422, across from Great Lakes Industrial Parkway, with 848 ft. of frontage and a traffic count of 14,859 vehicles per day.; - Strategic location within a 700-mile radius of 2/3rds of the US and Canadian population, and close to the I-80 Turnpike.
More about this property
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