A division of Ohio Real Estate Auctions
1-877-BID-OHIO (243-6446) 

Performing foreclosure auctions and judicial
sales for banks and municipalities

Ohio's Private Selling Officers

31 Acres @ I-70 & OH-13 in 2 tracts with buildings & cell tower


More Information

Bidding starts at $350,000. Both parcels totaling 31.128 acres will sell together and will not be offered separately. 10077 Jacksontown Road (SR 13) is Licking Co. Parcel ID# 041-120090-00.000 and has 28.97 Acres featuring 893 feet of frontage on I-70 and 254 feet of frontage on SR 13. Located on the property is a 2 story office building with 7,812 upstairs and 7,812 downstairs and was built in 1984. Tons of uses for this space. At one time there was a television program recorded in part of the building. This large open 2 story area could be used for some type of sports or light manufacturing. Brick exterior with a large blacktop parking area with 23 lined parking spots and marquee signage on Oh-13. Also on the property is a block building that was used as a radio station and the cell tower that is attached houses a telecom lease. Current income from the telecom lease is $793.50  per month. Sprint is the only lessee on the tower at this time. We are working on obtaining the 2 current property leases and will make them available as an attachment on this web page as they are available. There is a large fenced-in area that is currently leased to the towing company who leases the pole building and the building out on Oh-13. A possible income source is the large pile of concrete on the land that could be pulverized and sold. Great visibility along I-70 with unlimited development potential.The office building is currently 100% vacant and has huge potential for individual suite leasing or could be occupied by an end user who needs a large amount of space. Suites were previously leased to a church, real estate management co., hair and nail salon, accountant, construction co. as well as others. Auditor value for this parcel is $1,126,700. Annual taxes on this parcel are $22,342. Part of this land could be farmed or could be developed for highway designated businesses.

Parcel # 041-120402-00.000 has a building on OH-13 that is currently lease by B&H towing and auto repair. They claim to have a 5 year lease which has over 4 years remaining on it however the lease is probably not valid. They would like to sign a new lease with the new buyer. Monthly lease is $1,770 which includes the building on Oh-13, the pole building and the large fenced-in area on the large parcel. This parcel is 2.158 acres and has aprox 1,982 feet of frontage along OH-13 and the ramp from I-70. The auto repair shop has 1,610 SF and was built in 1970 as a gas station. Annual taxes for this parcel are $1,565.  The school district is Lakewood local schools. Auditor value for this parcel is $72,000.

This is a great investment property with unlimited income and development potential.

Could this be a Truck Stop or Gas Station or Restaurant Location????

Lot Size: 31.128 Acres

Annual Taxes: $23,908


Plaintiff

The Huntington National Bank

Defendant Name

Hee Hawl'n LLC, et al

Attorney

Dennis Morrison

Viewing Dates

Call or text Auctioneer to schedule all showings. 937-581-3037


Property Map


Lead Auctioneer

Barry Baker
Email Barry

W: 937-581-3037
F: 614-635-3474


Directions:

This property is located at the NE intersection of I-70 and State Route 13. (Exit 132)


Basic Terms:

*This is a Foreclosure Auction ordered by a County Common Pleas Judge. The foreclosure process clears all liens and encumbrances on the subject property.

*The property sells with a minimum opening bid of 2/3 of the appraised value.

*The required deposits are as follows:
$2,000 for properties appraised for $10,000 or less.
$5,000 for properties appraised between $10,000 and $200,000.
$10,000 for properties appraised over $200,000.

*If the property is being sold Online, the successful bidder must wire or directly deposit the required amount into the Chase Bank trust account for Ohio Sheriff Sales within 24 hours of the end of the auction. Credit cards may also be taken for the deposit along with a 3% processing fee.

*The real estate is sold As-Is with no contingencies. All inspections (if available) must be done prior to Auction.

*Close within 30 days of court confirmation.

*No contract is signed after the auction. A one page buyer information form is the only document that is required by the court. See http://www.ohiosheriffsales.com/download_forms for the form.

*Buyer pays all closing costs.

*Private Selling Officer deed or equivalent given at closing with no liens or back taxes.

*The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.

 

Realtor Participation:

None.

Number of Times Viewed: 3007