More Information
Out of state owner says sell it!! 13.05 Acres zoned C-4 (highway commercial business). See attachments section of website for permitted uses and conditional uses. This is a premium site just waiting for your development!
Regional retail site with almost any use you could want. 200,000 population within 5 miles. Household income over $70,000. This would be an amazing Hotel or Restaurant site among many other uses. Visibility from I-70 and SR256. Ohio Health regional med center 1 mile away. Original purchase price in 1999 was $750,000 prior to any improvements. Over 2 million dollars have been spent on this site. Current tax valuation is $1,201,500. Tons of due diligence info is located in our document section of this webpage.
Traffic Counts: I-70 = 65,400 in 2002. SR256 = 44,676 in 2011. SR204 = 13,000 in 2014.
Current Retail within 1/4 mile: Comfort Inn, Best Western Inn, Holiday Inn, Walmart, Sams Club, Best Buy, Olive Garden, Verizon, Old Navy, Target, PetSmart, Cracker Barrel, Wendy's, Arby's, Chase Bank, Speedway gas, Starbucks, Barnes and Noble, Party City, IHOP, TGI Fridays, Penara Bread, Buffalo Wild Wings, Longhorn steakhouse and more.
Lot Size: 13.05 Acres
Annual Taxes: $ 31,136
Property Map
LEAD AUCTIONEER
Barry Baker
DIRECTIONS:
Located at the SE intersection of I-70 and SR 256. Go S. on 256. Take your first Left which is 204 (Blacklick-Eastern Rd. NW) then turn Left onto Freedom Way which dead-ends into the subject property.
Basic Terms:
Minimum bid is $395,000. $10,000 pre-deposit required to bid online. The balance of 10% is due within 24 hours of the end of the auction which will become your non refundable deposit. The real estate is sold As-Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.
Deposit and Closing:
Closing will take place with Land and Mortgage Title Agency. 24 E Gay St, Columbus, OH 43215. (614) 280-0700
Realtor Participation:
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.