Rittman Industrial Site

100 South Industrial Avenue Rittman, OH 44270

Rittman
FOR SALE
Property Type:
Other Land
Amount:
$2,375,000
Last Verified:
Apr 23, 2024

Highlights

  • Federal Opportunity Zone
  • Proximity to Cleveland, Akron, and Canton
  • Phase I Environmental Report completed
  • Wetlands Delineation completed
  • Endangered Species Analysis conducted
  • Adjacent to Morton Salt

Description

The Subject Property, former home to Caraustar Rittman paperboard consists of approximately 84 acres remediated land zoned M-2 , Heavy Industrial at 100 Industrial Ave in Rittman, Ohio. Approximately 5 miles from Interstate-76 for superior access to Interstate 71, and State Route 224.

The Subject Property, former home to Caraustar Rittman paperboard consists of approximately 84 acres remediated land zoned M-2 , Heavy Industrial at 100 Industrial Ave in Rittman, Ohio. Approximately 5 miles from Interstate-76 for superior access to Interstate 71, and State Route 224.

Lot Size: 84.74 acres


Documents

Sale Brochure - 100 Industrial Ave Rittman, Ohio 44270

Map of 100 South Industrial Avenue, Rittman, OH, 44270

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.