Absolute Online-Only Auction of 4585 Medina Rd, Akron, OH 44333 Ends:12/1/26@ 2pm. Commercial Development Opportunity ~ Vacant land adjacent to Cleveland Clinic Hospital. Extensive Engineering and Environmental Documentation Available. NOTE: $218,390 Summit County Tax Value and does not constitute an ask price as this property is selling at online Auction.
DESCRIPTION:Located along heavily traveled (41,824 VPD) State Route 18 in Summit County, the property was previously evaluated for commercial medical office development. Historical plans identify 2.773+/- acres of net lot area with 475' of frontage, and B-4 Restricted Business zoning.
Subject is adjacent to Cleveland Clinic Akron Hospital in Bath Twp. High visibility on Medina Road (Route 18) with 41,824 VPD. Close proximity to major retail corridor featuring multiple restaurants, stores, medical & lodging. Sale will include blue prints for 3,000 sq foot building that was approved by Summit County.
Blue print cost was $24,000 in 2016. DUE DILIGENCE: Supporting Documents for all of the following is available upon request with receipt of executed Confidentiality Agreement. Development Documentation Highlights Include: *U.S. Army Corps of Engineers: December 2018 provisional authorization for specified wetland and stream impacts associated with a proposed commercial development, subject to mitigation and other requirements.
*Ohio EPA: March 2019 Director's Authorization addressing proposed impacts to approximately 0.46 acre of wetlands and 187.33 linear feet of stream. *ODOT: Historical commercial driveway permit for access-related improvements along Medina Road (State Route 18).
*Site Plans: Architectural and civil engineering plans for a proposed medical office building, parking, utilities, grading, drainage, and landscaping. *Additional Development Concept (Two Buildings) Approved by Bath TWP: July 2024 proposed site plan illustrating a building area labeled approximately 20,020 square feet, with associated parking and site improvements.
*Soils and Engineering: Historical subsurface exploration reports, test borings, and engineering recommendations. *Surveys: Boundary and topographical information available for purchaser review. Important Notice: All development plans, studies, and governmental approvals are historical documents provided for informational purposes only.
Prior approvals may have expired, may be subject to conditions, or may require renewal, modification, or replacement. No representation is made that the proposed improvements are currently approved, that environmental mitigation obligations have been fulfilled, or that the property is immediately buildable.Prospective bidders are encouraged to revi
ew all available documentation and independently verify zoning, wetlands, permitting, utility availability, access, soil conditions, and suitability for their intended use with the appropriate governmental agencies and qualified professionals. AUCTION TERMS:All bidding will be.
Property offered subject to Seller Confirmation at the conclusion of bidding. There will be no contingencies available for financing, inspections or otherwise. All due diligence should be completed prior to bidding.10% Buyer's Premium will be added to winning bid to establish final contract selling price.
Short tax proration. Buyer pays all closing costs. Buyer pays all closing costs. Clean deed at closing with no back taxes or other encumbrances. DEPOSIT AND CLOSING:Successful bidder will be required to deposit the 10% buyer premium amount by end of business on day after auction end. Close on or before December 31, 2026 through M & M Title Company. Some listing photos have been virtually staged or manipulated by AI.
