Archive: COMMERCIAL REAL ESTATE AUCTION
Conducted: February 11, 2015 12:01 PM EST
Location: Both Auctions will take place OFFSITE for bidders convenience at:
Comfort Inn
1050 Fashion Ridge Rd.
Dry Ridge, KY 41035
Room reservations @ (859) 824.7121
Highlights:
2 COMMERCIAL LAND AUCTIONS – 1 DAY

WHAT A PURCHASING OPPORTUNITY!
TOTAL of 34 ACRES (DIVIDED)


Notes: About the property: Both development tracts are located on Ferguson Blvd. across from the new Walmart and Piles Chevrolet dealership. Dry Ridge, KY is just 3 miles north of Williamstown, KY exit off I-75 where the 800 acre Ark Encounter Theme Park is under construction. According to Northern Kentucky officials “the project would bring hundreds of jobs and attract hotels and restaurants to a largely rural community about 50 miles south of Cincinnati”. This is your opportunity to purchase commercial development land before the theme park is finished and land prices escalate.


ABSOLUTE AUCTION #1

Lots # 1,2,3,& 4 (Please see survey map)
Ferguson Blvd.
Dry Ridge, KY 41035

COMMERCIAL DEVELOPMENT LAND

This 18 +/- acre vacant land tract which is ready for development. The tract has 3 proposed 1 acre outlots and an additional 15 +/-acre large parcel. It is just across Ferguson Blvd. from the new Walmart location and has water and sewer availability. The 1 acre tracts could be suitable for restaurant development or limited service motels, while the large tract could be used as hotel or shopping development. Ferguson Blvd. is a concrete roadbed which is publically maintained. The property is zoned NC – Neighborhood Commercial and is part of Grant County PID # 0460000022.00.

THIS AUCTION IS SELLING TO THE HIGHEST BIDDER
NO MINIMUM – NO RESERVE


AUCTION #2

Lots # 8, 9, 10, & 11 (Please see survey map)
Ferguson Blvd.
Dry Ridge, KY 41035

I-75 FRONTAGE - DEVELOPMENT LAND

This 16 +/- acre vacant land tract has great visibility along I-75.with ingress and egress off Ferguson Blvd. There are 2 proposed 2.5 acre sites, a 3.4 acre site, and a 7.65acre tract ripe for development. All the property has water and sewer availability. Ferguson Blvd. is a concrete roadbed which is publically maintained. The smaller sites would be suitable for limited service hotels, independently owned or chain/franchise restaurants, and retail sites. The larger tract could be perfect for a large hotel with conference center or retail development. The property is contiguous to Piles Chevrolet. The property is zoned NC – Neighborhood Commercial and is part of Grant County PID # 0460000022.00.

HIGHEST BID(S) WILL BE PUT ON CONTRACT


About Grant County, KY: Grant County is Northern Kentucky’s southernmost county. Located at the tiptop of the Bluegrass Region, it is within one hour of Lexington and Louisville, Kentucky, and Cincinnati, Ohio.

The county is rich in natural beauty with many lakes, streams, ridges and rolling hills, and it offers boundless cultural, educational, employment, and business opportunities that few communities can match.

Auction Firm’s Note: These lots/parcels/tracts will be offered in 2 separate auctions under the Multi-Parcel Infinity Bidding System. This auction method is comprised of two rounds of bidding. In the first round, the lots/parcels/tracts are each offered individually. In the second round, bidders may bid on any lot or combination of lots in each auction. Individuals desiring just one lot will always have the opportunity to increase the bid for the lot of their choice. This format allows the bidders to bid on any single lot, the acreage, or any combination of lots and/or acreage.


PROPERTY INFORMATION PACKET

DEMOGRAPHICS

COLOR CODED MAP

PLAT MAP


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Auction 1a
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Auction 1b
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Auction1c
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Auction2a


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Auction 2b
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