| NORTH TURKEYFOOT INDUSTRIAL PARK DESCRIPTION
(illustration 68k jpg)
- Industrial Park developed by the City of Akron on land located in the Akron-Coventry
Joint Economic Development District (JEDD) adjacent to a recreational facility.
Land Availability
- 32.5 acre Industrial Park, 13 acres available for development.
- Parcels configured to suit (2-10 acres).
Development Objectives
- Light industrial development and the creation of manufacturing employment opportunities.
- Provide quality industrial park setting, positioning existing and new businesses for
long term growth in the Akron area.
- Land is not available for speculation.
Development Standards
- Quality development standards in building materials, signage, and site improvements.
- Zoned C-I Commercial-Industrial in Coventry Township.
Infrastructure Improvements & Utilities
- Newly constructed Logan Parkway provides all utilities and access without assessment to
property owners/ developers.
Access
- Located off North Turkeyfoot Road, approximately .5 mile from Interstate system via
South Main Street.
Existing Development at North Turkeyfoot Industrial Park
I.B.E.W. training facility
SJI
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 term.
- Option for capitalized lease 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 for unpaid
principal balance.
- Cooperative marketing arrangements with real estate broker
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