DEVELOPMENT & AGRICULTURAL REAL ESTATE AUCTION
12/12/2007EXCEPTIONAL DEVELOPMENT OPPORTUNITYOffered in (5) Parcels from 1.6 Acres to 5 Acres31 ACRES
Zoned agricultural
Selling as one parcel Absolute to Highest Bidder
St. Rt. 134, Sardinia, Ohio
12/12/2007
Auction to be Conducted at:
214 Hughes Blvd.
Mt. Orab, Ohio 45154
16 ACRES & 10,000 SQ. FT. BUILDING
Offered in (5) Parcels from 1.6 Acres to 5 Acres
Zoned Industrial with water & sewer
St. Rt. 32, Mt. Orab, Ohio
Zoned agricultural
Selling as one parcel Absolute to Highest Bidder
St. Rt. 134, Sardinia, Ohio
The Mt. Orab area is quickly becoming a popular place to live for people working on the eastern side of Cincinnati. Residential and commercial growth is occurring throughout the area. Successful businesses located at this busy St. Rt. 32 interchange include Kroger Supermarket, McDonalds, Wendys, Arbys, Tire Discounters, Holiday Inn Express, Health Care facilities, Professional offices plus numerous others. A LaRosa’s Restaurant is currently under construction near the properties. Wal Mart recently announced plans to build a Super Wal Mart store , approx. a 1/2 mile from the subject properties, with a scheduled opening in 2010.
This location offers significant visibility to St. Rt. 32 traffic.
- 16 Acres and 10,000 Sq. Ft. Building – Offered in 5 parcels – Mt. Orab, OH
- The auction will be conducted at 214 Hughes Blvd. ( Parcel 1)
All properties have accesses to water and sewer on Hughes Blvd.
Properties are zoned Industrial which also permits numerous Central Business District zoning uses.
Permitted uses include industrial, manufacturing, automotive service station/auto repair, retail businesses, restaurants, hotels, offices and others. - Parcel 1– 4.1 Acres with a 10,000 sq. ft. high quality steel and brick building which was constructed in 2004. The first floor is divided into two offices, sales area and two restrooms comprising 2,000 Sq. Ft. This area is serviced by gas forced air furnace with central air conditioning. The second floor has 2,000 sq. ft. of storage area and a partly finished executive office with restroom.
The remaining 6,000 square feet is open repair shop/warehouse area. This area has an office, restroom, (5) overhead doors and gas radiant heat. - Parcel 2– 4 Acres with 552 Feet of Frontage on Hughes Blvd.
- Parcel 3– 5 Acres with 496 ft. of frontage on St. Rt. 32 and access via Hughes Blvd. Excellent Rt. 32 visibility
- Parcel 4– 1.68 Acres with 219 Ft. of frontage on St. Rt. 32 and access via Hughes Blvd. Excellent Rt. 32 visibility.
- Parcel 5– 2 Acres with 196 Ft. of Frontage on Bardwell West Road.
Bardwell West Road is located just north of Hughes Blvd. off US Rt. 68
AUCTION NOTE: The Mt. Orab properties will be offered under the Multi-Parcel Infinity Bidding System. This auction method is comprised of two rounds of bidding. In the first round, the five parcels are offered individually one at time. In the second round, buyers may bid on any parcel combination of their choosing. Individual parcel bidders will have the opportunity to increase their bid, if a second round combination bid is placed on their parcel.
This format allows the bidders to determine, “in what parcel combinations the property will be sold”.
- 31 Acres selling as one parcel – Sardinia, OH
- Parcel 6- 31 Acres on St. Rt. 134, Sardinia, OH.
Approximately 10 acres are tillable and the remaining 21 acres are wooded.
Approx. 706 ft. of frontage on Rt. 134 and approx. 1,923 ft. in depth
Good building site
Note: This auction is to be conducted at 214 Hughes Blvd. Mt. Orab, OH
Property information packets are available below in PDF or by calling 513-724-1133.
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