Online-Only Real Estate Auction

Vacant Lot [8931] Kingsridge Drive

Miami TWP, Ohio 45342

Bidding Ends:

Tuesday, July 11^th @ 2:30pm

Tax Valued at $193,750

Bid Your Price OR Buy Now @ $170,000

PROPERTY DESCRIPTION: .936 Acre vacant commercial lot in high traffic area near the Dayton Mall.  Utilities are at the road and the property has excellent arterial access to I-75 & I-675. NOTE: Street number is approximate as none have been assigned. Township has applied to ODOT for grant funding to support a future redesign on Kingsridge Drive that would include integration of sidewalks, crosswalks, street trees, etc. Application is pending. If approved, the project would likely commence in FY 2025.

MONTGOMERY COUNTY PID: K45 02604 0033     Annual Taxes: $6,592

INSPECTION: Vacant Land - View Anytime

TERMS: All bidding will be Online-Only at OhioRealEstateAuctions.com. Property sells As-Is with no contingencies for financing, inspection or otherwise subject to seller confirmation at the conclusion of bidding. 10% Buyer's Premium will be added to winning bid to establish final contract selling price. Short tax proration. Buyer pays all closing costs. 

DEPOSIT AND CLOSING: Successful bidder will be required to deposit 10% of the total contract price by end of business on day after auction end. Close on or before August 10, 2023 through M & M Title Company. 

BUY NOW TERMS: Sale shall be subject to all terms of auction as outlined above at the Buy-Now Bid price of $170,000. Pre-auction contract must be completed with required deposit in place no less than 48 hours prior to auction end time.
* ONLINE BIDDING NOTES:

Bid Increment: online bidding increment for this auction is $250.

Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $250 increments up to your maximum. You will be notified by email if your maximum is out-bid by another bidder.

Bid Extensions: If a bid is placed in the last 5 minutes before the scheduled auction end time, bidding will extend for an additional 5 minutes. Bid extensions will continue until a 5 minute period of time elapses after the stated auction end time with no advance in the bidding.
Realtor Participation: Contact Auctioneer for terms & requirements. 

Tim Lile, CAI – Auctioneer
(937)689-1846
TimLileAuctioneer@gmail.com

In Cooperation with Equity Commercial Real Estate Solutions
Bid NOW @ www.OhioRealEstateAuctions.com

Disclaimer & Legal Disclosure:  Information contained herein was obtained from sources deemed reliable. However, neither Ohio Real Estate Auctions, LLC, Auctioneers, nor their agents will be responsible for any errors or omissions regarding information provided by same. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same.  In all reserve auctions, Seller & Seller’s agent’s are permitted to place bids as provided for in the Ohio Revised Code & the Uniform Commercial Code. This right is negated in the case of an absolute auction. All auctions are considered with reserve unless specifically presented as absolute.