875 Ivor AveAkron, OH 44314

For Sale
$199,500

20.75 acres, prime development site.

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • 16.82-acre parcel (Summit County Parcel # 6741011) and 3.93-acre parcel (Summit County Parcel # 6854413).
  • Primarily zoned U-5 Ordinary Industry, with a portion zoned U-2 Apartments.
  • Brownfield site undergoing final remediation under a consent decree.
  • Eastern portion located in FEMA flood zone AE; significant wetland presence indicated on Summit County GIS.
  • Potential rail service via adjacent Wheeling & Lake Erie Railway Company tracks.
  • Excellent access to I-277/I-76 interchange.

Property Details for 875 Ivor Ave

Property type
Multifamily properties, Apartment buildings
Lot Size (sq. ft)
903,870 SF

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.029392
Longitude
-81.558516
875 Ivor Ave, Akron, Ohio

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875 Ivor Ave
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