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Hannibal Courier - Post - Hannibal, MO
  • Land auction could change face of western Hannibal

  • It’s not uncommon to find large tracts of land available for sale in a rural setting, but in a developed area such sales are rare. However, on Sunday, Sept. 16, 25 acres of real estate inside the city of Hannibal will be up for bid.
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  • It’s not uncommon to find large tracts of land available for sale in a rural setting, but in a developed area such sales are rare. However, on Sunday, Sept. 16, 25 acres of real estate inside the city of Hannibal will be up for bid.
    “Absolutely it’s very unusual,” said auctioneer Dale DeLaPorte, who will be handling the sale. “I’m not aware of 25 acres being sold within the city limits. Even where Walmart is located was probably bought in smaller pieces.”
    The property is located in western Hannibal, adjacent to Munger Lane and Jericho Road. While zoned for one- and two-family dwellings, a request could be made to have it rezoned.
    “I’m sure the Lowe’s property was zoned one- and two-family at one time, too,” said DeLaPorte. “Because its frontage is on Munger, across from Willow Care, it has excellent commercial potential. However, it could also be used as an additional location for condos, which seem to be selling right now. There’s a lot of potential for the ground.”
    Initially, nine acres from the Donald and Hilda Davis estate were set to be auctioned off. However, on Tuesday, the Frier family, whose property adjoins the Davis land, decided to sell 16 acres.
    “We approached them and told them about selling the other nine acres. They thought it was an excellent opportunity and said ‘OK,’” said DeLaPorte. “Considering where they’re located and they’re adjoining, it’s a win win.”
    Twenty acres of the land is in the shape of a rectangle. The other five acres are behind the Knights of Columbus property, who have been advised of the property’s availability.
    “I don’t want anybody with interest in the land to be surprised, but I’ve only had a short window to get everyone notified,” said DeLaPorte.
    According to DeLaPorte, the property will be sold in tracts of five, nine and 11 acres.
    “That makes it more affordable for a variety of buyers,” he said.
    Participants in the auction will bid on the per acre price. The winning bidder will have the option of taking all three tracts, or just one or two.
    How high could the bidding go?
    “I hate to put a price in anybody’s head,” laughed DeLaPorte. “That’s the wonderful thing about an auction, you can pick your price.”
    The real estate sale will begin at 1 p.m. at the Davis home on Jericho Road.
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