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MASSILLON ROAD INDUSTRIAL PARK

Massillon Road Industrial Park - click to enlarge.DESCRIPTION (illustration 76k jpg)

  • 98 acres of industrial land, available from the City of Akron for light industrial use.
  • Located within the Akron-Springfield Township Joint Economic Development District (JEDD) on the west side of Massillon Road (State Route 241), east of Pickle Road. Extension of Boyer and Picton Parkways completed in 2002.

Land Availability

  • Approximately 56 acres remaining for industrial development, subdivided into 5 -10+ acre sites.

Development Objectives

  • Job creation, light industrial development.
  • Provide quality industrial park setting, positioning existing and new businesses for long term growth.
  • Land is not available for speculation.

Development Standards

  • Quality development standards in building materials, signage, and site improvements. Design guidelines are outlined in the Massillon Road Industrial Park Redevelopment Plan of 1991.
  • Located in a planned industrial park district, section 513 of the Springfield Township Zoning Code.

Infrastructure Improvements & Utilities

  • All utilities and access road are provided by the City of Akron, with no special assessments.

Access

  • Located on Massillon Road (State Route 241), providing easy access to the interstate system. 1.7 miles south of U.S. 224. Access to I-77/ I-76 & Northeast Ohio via U.S. 224. Potential for a rail spur from the CSX line on the northern boundary of the site.

Purchase Price

  • Available for sale at $25,000 per acre. Ground lease available with up to a 20 year amortization schedule, with ownership at the end of the lease.
  • Ground lease option at prime rate less 2% for a term of up to 20 years. Deed transfer at end of term for $1.00. Lessor may purchase at any time during term of unpaid principal balance.
  • Cooperative marketing arrangements with real estate brokers.

Existing Development In the Massillon Road Industrial Park

  • Quality Mold, Incorporated
  • AESCO Electronics, Incorporated
  • Universal Tire Molds, Incorporated