100 Industrial Ave Rittman, OH 44270
- Warehouses
- 80.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 100 Industrial Ave
- Lot size
- 80.00 lot acres
- Property type
- Warehouses
- Property subtype
- Land
Description
This exceptional 80-acre industrial property, located at 100 S Industrial Ave, Rittman, OH 44270, presents a unique investment opportunity. Zoned M-2 (Heavy Industrial), this vacant site boasts completed site remediation and a covenant not to sue from the Ohio EPA, ensuring a clean slate for development. Two existing industrial groundwater supply wells are permitted by the Ohio DNR. Extensive environmental due diligence has already been completed, including wetlands delineation and an endangered species analysis. The property's strategic location offers superior access to Interstate 76, providing easy connectivity to Interstates 71 and State Route 224. Situated approximately five miles from I-76, this location provides excellent regional access to Cleveland, Akron, and Canton. Further enhancing its appeal, this property is designated a Federal Opportunity Zone, offering significant tax advantages. The land is priced at $30,000 per acre, totaling $2,375,000. Adjacent to Morton Salt, this site presents a compelling opportunity for industrial development or expansion. All necessary environmental permits and assessments are complete, minimizing delays and streamlining the development process.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rittman
- County
- Wayne
- State
- Ohio
- Longitude
- -81.7747
- Latitude
- 40.9705
