WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Permitted Riverfront Docking & Loading Site – 23.5+ AC – U.S. 23 Frontage
One of the few Heavy Industry (I-2) Classified Parcels available within city limits of Ashland - offering Zoning advantages difficult to replicate
Two Parcel Offerings – Tract 1: 15.96± acres & Tract 2: 7.49± acres – TOTAL Acres: 23.54± acres – Buy One or Both Parcels at Auction!
Direct Ohio River frontage with three barge tie-up cells, enabling immediate waterway logistics operations & Shoreline Loading/Disembarking
CSX Railroad runs along the front of the site, providing direct access to the largest rail network in the eastern U.S. (20,000+ miles across 23 states)
Rail Spur/Turnout potential adds further Intermodal opportunities
Adjacent to Marathon Marine Terminal & 2 miles± from Marathon Catlettsburg Refinery Operations – Perfect for most Barge and Ship to Shore Ventures
Key permitting already secured: KY DNR surface permit, KY Division of Water permit, and U.S. Corps of Engineers waterways and tie-up permit — eliminating significant regulatory risk and timeline – Tract 1 holds all permitting
Full city utility access in place, with an electrical substation within 5 miles
Situated directly adjacent to the Marathon Marine Terminal and approximately 2 miles from the Catlettsburg Refinery (277,000 barrels/day capacity) — immediate proximity to a major industrial anchor operations
±15,817 vehicles per day passing the site, providing strong visibility and access
Free & Clear Title Guaranteed – Title Insurance Available!
Selling to Finalize Estate and Trust Obligations – Low Starting Bid!
Property Subject to Sale Prior to Auction without Notice
Property Sold in Cooperation with NAI Isaac Commercial Properties, Inc., Bruce Isaac
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998
10% Buyers Premium based on the high bid and other terms apply.
Online bidding ends June 18th at 2:00pm ET.
Contact Jordan Conlee at 270-304-1282 or jconlee@tranzon.com
