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Dallas industrial land on the block

Last two parcels along Southeast Godsey Road, Holman Avenue

The final two industrial sites along Southeast Godsey Road and Holman Avenue are up for auction on Nov. 15.

COURTESY OF REALITY MARKETING/NORTHWEST
The final two industrial sites along Southeast Godsey Road and Holman Avenue are up for auction on Nov. 15.



DALLAS — The last two industrial sites along Southeast Godsey Road and Holman Avenue near the American Gas & Technology site in Dallas are up for auction on Nov. 15.

“These two parcels are the remaining unsold properties of the seller’s original industrial portfolio in Dallas,” said John Rosenthal, the president of Realty Marketing/Northwest, which will conduct the auction.

The properties are part of the firm’s fall sale.

Rosenthal said the properties are priced at a significantly reduced rate from the last asking.

“These are as low a price on industrial land that I have seen,” Rosenthal said last week.

The owners would like to sell the properties by the end of the year, Rosenthal said.

The property off Holman Avenue is 18.08 acres, with access to rail service. It’s priced at $145,000, down from $315,800. Ash Creek winds along the southern boundary of the property.

The second property, off Godsey Road, is 14.6 acres, and priced at $150,000, down from $209,000. Ash Creek runs through the property on the northern boundary.

The seller is offering short-term financing with a 25 percent down payment, according to auction information on the properties. There are no reserve prices or opening bids on these sites, Rosenthal said.

Sealed bids are due by Nov. 15.

For more information or to receive a bid package, call the auction information office at 1-800-845-3524 or email Marti Cohn at marti@rmnw-auctions.com.



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