Online-Only Real Estate Auction
2490-2494 Technical Drive, Miamisburg, Ohio 45242
Thursday, October 1, 2020 @ 3:30pm
Tax Value $1,795,840 ~ Minimum Bid ONLY $995,000 ~ Buy-Now $1,595,000
PROPERTY DESCRIPTION: 35,600+/- SF High-Quality Brick Construction Commercial Building built in 1991 on 3 Parcels totaling 9.63+/- acres. New membrane roofing system installed in 2017 with warranty through 2032. Excellent arterial access to I-75 vis OH-725 and Austin Blvd interchange.
MONTGOMERY COUNTY PID’s: K46 01520 0002; K46 01522 0001; K46 01522 0003
* ONLINE BIDDING NOTES:
K46 01520 0002; K46 01522 0001; K46 01522 0003
Bid Increment: online bidding increment for this auction is $500.
Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $500 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.
Tim Lile, CAI – Auctioneer
In Cooperation with Mark Fornes Realty
Disclaimer: 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. Announcements made at the auction will take precedence over written material or any other statements made prior to the auction. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same.
Lot Size: 35,600+/- SF 9.63+/- acres
Annual Taxes: $ 55,188
All bidding will be Online-Only at OhioRealEstateAuctions.com. Property sells As-Is with no contingencies for financing, inspection or otherwise subject to minimum bid of $995,000. All desired inspections must be completed prior to auction end date. 10% Buyer's Premium will be added to winning bid to establish final contract selling price. Short tax proration. Buyer pays all closing costs.
BUY NOW TERMS: Sale shall be subject to all terms of auction as outlined above at the Buy-Now Bid price of $1,595,000. Pre-auction contract must be completed with required deposit in place no less than 48 hours prior to auction end time.
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 October 30, 2020 through M & M Title Company.
See Realtor Registration Form in documents section of this listing for details and requirements.