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1047 Belmont Ave - Former Niles Power Plant

77.43 Acres of Industrial Land in Niles, OH 44446

EXECUTIVE SUMMARY

Former Power Plant site that is available for redevelopment for a renewable energy site or manufacturing site. The site has a power grid, railroad spur, and public utilities for most development needs.

PROPERTY FACTS Under Contract

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Commercial
Total Lot Size 77.43 AC

1 LOT AVAILABLE

Lot

Lot Size 77.43 AC

77.43 acres is available now for redevelopment. An additional 26 acres +- will be available after completion of remediation of the tract. The property is available for division and the pricing per acre will be based upon the size of the tract.

DESCRIPTION

Renewable Energy Site in Niles, OH Boasting an expansive 77.43 +/- acres of land, with an additional 26.40 +/- acres coming soon, this property is a haven for renewable energy endeavors. The previous power capacity of 265 MW+ coupled with a water capacity of 1M G per day (est.) provides immense potential for solar, battery storage, hydrogen plant, data center, and crypto mining projects. Located at 1047 Belmont Avenue, this energy site offers exceptional infrastructure, including an onsite power grid, rail access, and high-capacity public utilities. Strategically situated near major cities like Cleveland, Akron, Pittsburgh, and Columbus, this prime location benefits from its proximity to Interstate 80, making it easily accessible. Don't miss the opportunity to own this remarkable piece of real estate. Potential Uses Include: -Solar -Battery Storage -Hydrogen Plant -Data Center -Crypto Mining

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 24-321207
  • 25-003003
  • 25-900946
  • 25-900035
  • 25-900036
Land Assessment
$102,630
Improvements Assessment
$1,020
Total Assessment
$103,650

ZONING

Zoning Code I (Industrial)
I (Industrial)
  • Listing ID: 29761280

  • Date on Market: 10/11/2023

  • Last Updated:

  • Address: 1047 Belmont Ave, Niles, OH 44446

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