REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, January 6, 2025. Live On Site Auction - Thursday, January 9, 2025 at 11:05 AM. List price is opening bid only. The site comprises a total of 48.86 acres. There are two tenants on the property, a cell tower under ground lease and a traditional residential tenant. The cell tower lease is in the third of seven 5-year renewal periods with the current period ending 7/31/25 and at a current lease rate of $40,212.12 per year ($3,351.01 per month). Lease rate is tied to a CPI formula. The residential tenant is paying $1,050 per month on an annual lease through August 31, 2025 (tenant since 2007).
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Bright MLS
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