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NORTH TURKEYFOOT INDUSTRIAL PARK

North Turkeyfoot Industrial Park - click to enlarge.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

  • Gardner Pie Company
  • I.B.E.W. training facility
  • SJI

IBEW Headquarters - click to enlarge.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