Auction Closed
Greene County Equestrian Center & Farmland Auction
Auction #178997
Description
Professional Equestrian Facility and Farm in outstanding condition located only minutes from US 35, I-70 and I-675. Features 28 horse stalls, 70x220 indoor riding arena, 2 classrooms & 2 vet exam rooms, 2 bathrooms, 85x240 outdoor riding arena, 10 fenced paddocks, 46 tillable acres, and more. Sells Thurs, June 3 at 1:00 pm.
Ended
Thu, Jun, 3rd
03:00 PM
US/Eastern
Address
551 Brush Row Road
Xenia, OH
Xenia, OH
Description
EQUESTRIAN FACILITY & FARMLAND AUCTION
Central Greene County Farm & Indoor Riding Arena
The property sold for $1,000,000 and is expected to close by July 26, 2021
Sells June 3, 2021 at 1:00 pm
50 Acres ♦ 28 Horse Stalls
10 Fenced Paddocks ♦ 70’x220’ Indoor Riding Arena
28,264 Square Feet ♦ 85'x240' Outdoor Riding Arena
Central Greene County Farm & Indoor Riding Arena
The property sold for $1,000,000 and is expected to close by July 26, 2021
Sells June 3, 2021 at 1:00 pm
50 Acres ♦ 28 Horse Stalls
10 Fenced Paddocks ♦ 70’x220’ Indoor Riding Arena
28,264 Square Feet ♦ 85'x240' Outdoor Riding Arena
This 50 acre Equestrian Facility and Farm is in outstanding condition and has been operated by the Greene County Career Center for their equestrian and veterinary tech programs. The attached buildings with 18,264 total square feet feature a 70'x220' indoor riding arena with full length seating, 26 single & 2 double horse stalls (all on concrete with rubber mats, lighting & water), wash stall, 24'x24' classroom, 15'x30' class & observation room, 2 12'x12' veterinary tech rooms, 2 bathrooms w/laundry facility, private office with security system, propane furnace w/central A/C plus radiant heat, fire suppression, LED lighting, built-in sound system, and more. The property includes well water to the stalls and paddocks and public water to the classrooms & bathrooms. The property also features an 85'x240' outdoor riding arena, 10 fenced paddocks with high tensile fencing, 36 tillable acres (28 acres in crops & 8 acres in hay, large outdoor patio and observation area, and asphalt parking. Nearly 1,300 feet of road frontage for multiple lot split opportunities for multiple homes or other independent uses. Flat topography within the tillable acreage with plenty of space to add a half mile or larger training track. The classrooms can easily be converted into in-house living quarters, offices, dining, vet exam and birthing rooms, or other professional uses. Potential property uses include a boarding operation, equine training facility, breeding operation, and many other agricultural and commercial uses. Join us at the property on June 3rd at 1:00 pm for this great opportunity to purchase this well-maintained and quality property.
Marketing
Directions
551 Brush Row Road, Xenia, OH 45385. From I-675 near Fairborn, go SE on State Route 235 to right on US 68 to left on Brush Row Road. From I-70 near Springfield, go south on US 68 to left on Brush Row Road. From Xenia, go north on Detroit Street (US 68) to right on Brush Row Road. Watch for signs.
Location
Located in Xenia Township just north of the City of Xenia with easy access to US 35, I-70 and I-675.
Preview
Public Viewings: Auction representatives will be available at the property on the following dates:
- Monday, May 17th and May 24th from 3:00 pm to 6:00 pm
- Or by Appointment
- Do not visit outside of these dates without a scheduled appointment. Classes and student activities still be conducted onsite through the end of May.
Terms
REAL ESTATE SALE TERMS:
Bidding Procedure: The property will sell in one lot to the highest bidder, subject to confirmation of the Owner.
Acceptance of Bid Prices: The successful bidder will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding. Bidding IS NOT CONDITIONAL UPON FINANCING. At its next scheduled monthly Board of Education meeting, the Owner will vote to accept or reject the final bid price.
Downpayment: $50,000 as down payment will be deposited with the Auction Company on the date of auction upon signing of Confirmation of Sale Agreement; balance due at closing.
Real Estate Taxes: Property is currently exempt from Real Estate taxes. Taxes will not be prorated at closing and tax exemption will remain until the 2023 tax bill.
Closing Date: On or before 45 calendar days following seller’s signed acceptance of the purchase agreement. Purchaser will pay customary portion of closing costs at closing. Closing will be conducted by Chicago Title, Dayton, Ohio.
Possession: On or about date of closing. Tenant’s rights reserved to harvest the 2021 hay and row crops. All rent due from the tenant farmer for 2021 will be paid to the Seller after closing.
Agency: Sheridans LLC and its representatives are Exclusive Sales Agents for the Owner.
Disclaimer & Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Confirmation of Sale Agreement. Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information. The property is sold on an "AS IS, WHERE IS" basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Owner or the Auction Company. Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. Neither the Owner nor the Auction Company assumes liability for its accuracy, errors, or omissions. All potential uses of the property are subject to verification by each bidder based on township and other regulatory authorities. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Owner and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, legal capacity, etc. All decisions of the Auctioneer are final.
Online Bidding: Additional online bidding terms are posted on the auction company’s website.
COVID19 Statement: Due to Covid-19 related public gathering mandates, Auctioneer reserves the right to change auction location and/or to cancel onsite bidding if determined necessary. Up-to-date information will be provided at the auction company’s website.
Additional Online Bidding Terms:
PLEASE NOTE: All online bidders agree that they have read and fully understand these terms and agree to be bound thereby:
No Online Bidding Fees: No buyer premiums or other online bidding fees will be charged for online bidding.
Bidder Registration: All online bidders must pre-register on the Online Portal prior to the auction date and all registered bidders must be authenticated by the Auction Company prior to activation of their account.
Online Bidding: No pre-bidding will be permitted prior to the auction. Bids will be accepted in real time once the auction has started and the auction will end when designated by the auctioneer with no scheduled ending time. Auctioneer retains full discretion to modify these terms at any time prior to or during the auction. Bidders’ use of online bidding option and bid placement shall be deemed a live public bid and constitutes acceptance and agreement to adhere to these terms. All bidders are responsible for reading all terms and conditions. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations. Auctioneer is not responsible for the failure of any part of the bidding process or internet bidding. Bidding increments are at the discretion of the Auctioneer.
Modifications and Technical Difficulties: Auctioneer retains full discretion to modify the date, time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of Auctioneer or the Seller.
In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Sheridan and the Seller reserve the right to extend bidding, continue the bidding, or close the bidding. Neither Sheridan nor the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary.
Bidder’s Agreement: Any use of this online bidding option constitutes your acceptance and agreement to adhere to these terms. Please print a copy for your records. All bidders are responsible for reading all terms and conditions carefully. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations.
Acceptance of Bid Prices: The successful bidder will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding. Bidding IS NOT CONDITIONAL UPON FINANCING. At its next scheduled monthly Board of Education meeting, the Owner will vote to accept or reject the final bid price.
Downpayment: $50,000 as down payment will be deposited with the Auction Company on the date of auction upon signing of Confirmation of Sale Agreement; balance due at closing.
Real Estate Taxes: Property is currently exempt from Real Estate taxes. Taxes will not be prorated at closing and tax exemption will remain until the 2023 tax bill.
Closing Date: On or before 45 calendar days following seller’s signed acceptance of the purchase agreement. Purchaser will pay customary portion of closing costs at closing. Closing will be conducted by Chicago Title, Dayton, Ohio.
Possession: On or about date of closing. Tenant’s rights reserved to harvest the 2021 hay and row crops. All rent due from the tenant farmer for 2021 will be paid to the Seller after closing.
Agency: Sheridans LLC and its representatives are Exclusive Sales Agents for the Owner.
Disclaimer & Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Confirmation of Sale Agreement. Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information. The property is sold on an "AS IS, WHERE IS" basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Owner or the Auction Company. Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. Neither the Owner nor the Auction Company assumes liability for its accuracy, errors, or omissions. All potential uses of the property are subject to verification by each bidder based on township and other regulatory authorities. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Owner and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, legal capacity, etc. All decisions of the Auctioneer are final.
Online Bidding: Additional online bidding terms are posted on the auction company’s website.
COVID19 Statement: Due to Covid-19 related public gathering mandates, Auctioneer reserves the right to change auction location and/or to cancel onsite bidding if determined necessary. Up-to-date information will be provided at the auction company’s website.
Additional Online Bidding Terms:
PLEASE NOTE: All online bidders agree that they have read and fully understand these terms and agree to be bound thereby:
No Online Bidding Fees: No buyer premiums or other online bidding fees will be charged for online bidding.
Bidder Registration: All online bidders must pre-register on the Online Portal prior to the auction date and all registered bidders must be authenticated by the Auction Company prior to activation of their account.
Online Bidding: No pre-bidding will be permitted prior to the auction. Bids will be accepted in real time once the auction has started and the auction will end when designated by the auctioneer with no scheduled ending time. Auctioneer retains full discretion to modify these terms at any time prior to or during the auction. Bidders’ use of online bidding option and bid placement shall be deemed a live public bid and constitutes acceptance and agreement to adhere to these terms. All bidders are responsible for reading all terms and conditions. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations. Auctioneer is not responsible for the failure of any part of the bidding process or internet bidding. Bidding increments are at the discretion of the Auctioneer.
Modifications and Technical Difficulties: Auctioneer retains full discretion to modify the date, time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of Auctioneer or the Seller.
In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Sheridan and the Seller reserve the right to extend bidding, continue the bidding, or close the bidding. Neither Sheridan nor the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary.
Bidder’s Agreement: Any use of this online bidding option constitutes your acceptance and agreement to adhere to these terms. Please print a copy for your records. All bidders are responsible for reading all terms and conditions carefully. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations.
Greene County Career Center
Board of Education, Owner
Board of Education, Owner