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| SOUTH MUNROE ROAD INDUSTRIAL PARK DESCRIPTION
LAND AVAILABILITY
- Entire parcel available for development.
DEVELOPMENT OBJECTIVES
- Industrial office park development.
- Quality industrial/office park setting to generate long term job growth in the City of
Akron.
- Land not available for speculation/resale.
DEVELOPMENT STANDARDS
- Quality development standards in building materials, signage, and site improvements.
- Acceptable building lot coverage is targeted at 20-30 percent, providing for planned
development and future expansion.
INFRASTRUCTURE IMPROVEMENTS AND UTILITIES
- All utilities and necessary public streets provided by the City of Akron without
assessment to property owners
- Rail access available as needed.
ACCESS
- S. Munroe Rd. runs north from Gilchrist Road. Property entrance is within 1.2 miles of
the Gilchrist Rd. exit of I-76.
PURCHASE PRICE
- Available for sale at $25,000 per acre.
- 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 the term for the unpaid
principal balance.
- Cooperative marketing arrangements with real estate brokers.
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