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22056023

1833 E Market St, Akron, OH 44305 For Sale

TR
OH Ohio
SVN Summit Commercial Real Estate Advisors
Listed by SVN Summit Commercial Real Estate Advisors
Unpriced
1650 days on market
Updated 81 days ago
Opportunity zone

High Megawatt Site

Details
APN 6821803 & 6821804
Property Type Land
Sub Type Industrial, Crypto Mining (+1)
Square Footage 94,863
Units 1
Broker Co-Op Yes
Class B
Year Built 1920
Year Renovated 1950
Buildings 1
Stories 2
Acreage 4.500
Zoning Commercial
Ceiling Height 11-18
Loading Docks 2
Dock High Doors 2
Ownership Owner Occupied

8-50 Megawatt Industrial Site For Redevelopment

Marketing description

According to our preliminary discussions with First Energy in 2021, the site had a power capacity of 3-5 megawatts. This capacity could be increased to 8-10 megawatts with the necessary substation upgrades.

Furthermore, a nearby 138 kV line could boost the power capacity to an impressive 25-50 megawatts if utilized in conjunction with additional substation upgrades. This potential for high power capacity makes the site particularly attractive for energy-intensive industries.

Rail access is available via the Wheeling and Lake Erie Railway, offering a crucial logistical advantage for transporting goods and materials.

The site also benefits from access to fresh water from the river, ensuring a reliable supply for various industrial processes and operational requirements.

With its strategic location, substantial power capacity, dependable water supply, and excellent rail access, this industrial land site presents a compelling opportunity for redevelopment. Whether for manufacturing, logistics, or other industrial applications, the site's potential is immense and ready for transformation.

Investment highlights

  • Great access to Interstate 76 (One-Min Drive) & Interstate 77 (Four-Min Drive).

  • Capacity prior to the vandalism of the onsite 1.5 MW substation was 3-5 Mega Watts.

  • With a new substation, the site could deliver 8-10 megawatts. 138kv line running nearby.

  • If connected via a large substation, the site could deliver power in the 25-50 megawatt range.

  • Rail Accessible via Wheeling & Lake Erie Railway Company. Fresh river water ensures a reliable supply for various industrial processes and operational needs.

  • Located in the East Akron Opportunity Zone.

Listing Contacts

TR
OH Ohio
SVN Summit Commercial Real Estate Advisors
Listed by SVN Summit Commercial Real Estate Advisors

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Additional Information

Name
Tyler Robin
License
Ohio
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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