875 Ivor Ave Akron, OH 44314
For Sale
This exceptional 20.75-acre development opportunity in Akron, Ohio, presents a unique investment prospect. Located at 875 Ivor Ave, Summit County, OH 44314, this property encompasses two parcels (6741011: 16.82 acres and 6854413: 3.93 acres). The land is primarily zoned U-5 (Ordinary Industry), with a smaller section zoned U-2 (Apartments), offering diverse development potential. The site is currently undergoing the final stages of brownfield remediation under a consent decree. Note that the easternmost portion of the property falls within FEMA's AE flood zone, and a significant portion appears as wetlands on the Summit County GIS website, though no formal wetland delineation has been conducted by the seller. A key advantage is the property's adjacency to railroad tracks owned by the Wheeling & Lake Erie Railway Company, suggesting potential rail service access. The location provides excellent proximity to the I-277/I-76 interchange, ensuring convenient access to major transportation arteries. The asking price for this substantial land parcel is $199,500. This property is ideal for developers seeking a large-scale project with diverse zoning and strategic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.