More Information
Both parcels totalling 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 blactop 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 leasee on the tower at this time. We are working on obtaining the 2 current property leases and will make them available as an attachement 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 managment 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 have a 5 year lease which has over 4 years remaining on it. 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 developement potential.
Counld this be a Truck Stop or Gas Station or Restaurant Location????
Lot Size: 31.128 Acres
Annual Taxes: $ 23,908
Property Map
LEAD AUCTIONEER
Barry Baker
DIRECTIONS:
This property is located at the NE intersection of I-70 and State Route 13. (Exit 132)
Basic Terms:
Sells with final approval of Huntington National Bank. $50,000 pre-deposit is required to bid. If you are not the high bidder, your deposit will be returned by ACH within 48 hours of you providing your bank information. A total deposit of $50,000 or 10% of the high bid (whichever is greater) is required as downpayment. Contract signature and deposit must be given by 5pm the day of the auction. 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 HBI title.
Realtor Participation:
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.