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GAHANNA PRIME DEVELOPMENT LAND HOME & BUILDINGS ABSOLUTE AUCTION
Listing ID#: 396667
Sale Location |
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Blacklick, OH 43004 |
Sale Dates and Times |
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Monday Jun 7, 2021 Completed |
Sale Type |
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Live Auction |
Company Information |
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RES Auction Services Contact: Andy White Phone: 419-651-2152 Email: white@resauctions.com Website: www.RES.bid EstateSale.com ID#: 7384 View company information and listings |
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Listing Information |
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GAHANNA PRIME DEVELOPMENT LAND HOME & BUILDINGS ABSOLUTE AUCTION Monday June 7th - 5 PM POSTPONED! Check back for new date!! 30.5 Acres – Home & Buildings- Great Location Awesome Investment Opportunity Auction will be held on location at 1099 Reynoldsburg New Albany Rd. Blacklick, OH 43004 REAL ESTATE: Attention investors and developers, selling to the highest bidder regardless of price is 30.5 acres of prime real estate with a tremendous location. Operated as Mr. Tree farm for a number of years, this property offers the ability to purchase a century home, buildings, and 30 acres of seclusion or could be utilized for a premium housing development. Conveniently located just south of Jefferson Country Club, this property is flanked by Pinecrest and Jefferson Meadows and is next in line for the natural progression and development of Gahanna. The property has two access points from the Pinecrest development and also benefits from over 1,300 feet of frontage on Reynoldsburg – New Albany Road. Previous plans for the development of this property highlight the ability to divide premium lots with potential for great return on your investment. The terrain of the property is ideal and the growth of pine trees gives the property natural landscaping and maturity. The property is zoned Planned Suburban Residential District (PSRD). Also included with the property is a turn of the century home and buildings. The two-story home is currently configured as a duplex however could be converted back to a single-family home with great character. The buildings include a flat barn with lofts and a 48’x80’ pole building with electric, cement floors, and 5 overhead doors. The homestead could be split separate adding to the security of this investment. If you are in the market for a tremendous investment opportunity in one of the hottest real estate markets in the country, this property deserves your attention. The best part is the property sells to the highest bidder regardless of price!
TERMS: A 10% nonrefundable down payment is due at the auction with the balance due at closing within 45 days. A 10% buyer’s premium will be added to the final bid to determine the purchase price. All desired inspections need to be completed prior to bidding.
TAXES/LEGAL: Property is Franklin County Parcel #170-000125.00. The taxes on this property are currently $3730.01 per half year based on CAUV and will be pro-rated to the date of closing on that basis. Buyer will be responsible for any CAUV tax recoupment.
Barbalee Realty Co. LLC Tamara J Nuzum, Trustee
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