The property is (4) contiguous parcels with 4.04 acres (+/-). We are using the address of 2992 Valley Pike (which is the address of one of the included parcels). The Auditor's website indicates that the (2) larger parcels are situated on Trade Center Circle; the name of a ‘proposed’ street (or cul-de-sac) for a project on the property that apparently did not materialize and the street was vacated (see attached plat & survey).

Situated on a high traffic & high visibility street just west of Harshman Road and about 0.33 mile from State Route 4 (Harshman Road exit). There is over 300' of frontage on Valley Street. And, it would appear that the property could likely accommodate a variety of business enterprises with ample parking and/or storage space. There is a 25' paved public access easement on the east side of the property with street lights (for which there is an electric assessment included on the 2.983 acre parcel). And, probably 60% or so of the 4+ acres has some trees (large & small) and heavy undergrowth.

NOTE: We've posted the Preliminary Title Report which references a new parcel number on which taxes and values are not yet available. It appears the Auditor has started the process of consolidating the (4) parcels (all of which are also referenced) into one parcel number but, the process is not yet completed.

AUCTION TERMS & CONDITIONS

1. The property is sold with a $100,000 reserve (minimum bid).

2. See the Acknowledgement of Terms & Conditions document. Must be signed before bidding.

3. The real estate sells in 'AS IS' condition. The Seller is not making any repairs or giving any concessions – No Contingencies.

4. The sale is not contingent upon a satisfactory inspection.

5. The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any.

6. The successful bidder will sign and return within 24 hours the purchase contract and other applicable documents electronically following the close of the auction.

7. The successful bidder/buyer will tender a $10,000 deposit (earnest money) by electronic transfer.

8. Buyer to proceed to close within (30) days of court approval

9. Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes.

10. There is a 10% (TEN) Buyer’s Premium added to the final offer to determine the final purchase price.

11. Please see the Frequently Asked Questions and Advantages of Competitive Bids for more details.

AUCTION MARKETED & AUCTIONED BY

Auction Ohio Real Estate

7461 Worthington Galena Road

Worthington, OH 43085

ANY QUESTIONS, CONTACT: 

Ray Dailey, Realtor®

(614) 325-0064

ray@auctionohio.com