1.28 AC Retail Out Parcels Adjacent to Walmart Supercenter

Absolute Auction .....Sells to the highest bidder regardless of price!  This offering presents a rare opportunity to acquire two adjacent outlots totaling 1.283 acres, directly off Southgate Parkway in the heart of Cambridge’s dominant retail corridor. The parcels sit at the signalized intersection of Market Street and Southgate Parkway, directly adjacent to the Walmart Supercenter in proximity to dense clusters of national retailers and service businesses. These two parcels will be sold together in one transaction via absolute auction. 
  •   Sep 9 @ 9:35pm EDT (Start)
  •   Oct 22 @ 3:00pm EDT (End)
  •   Add to Calendar
ABSOLUTE AUCTION!

*** Alert Date Has Changed ***

 

ABSOLUTE AUCTION 

Online Only

 

Sells to the highest bidder regardless of price!

 

 

 Opportunity Overview 

This offering presents a rare opportunity to acquire two adjacent outlots totaling 1.283 acres, directly off Southgate Parkway in the heart of Cambridge’s dominant retail corridor. The parcels sit at the signalized intersection of Market Street and Southgate Parkway, directly adjacent to the Walmart Supercenter in proximity to dense clusters of national retailers and service businesses. These two parcels will be sold together in one transaction via absolute auction. 

Zoning Designation 

General Service Commercial (GSC) / City of Cambridge 

Use Restrictions Disclosure 

Parcels may be developed for any use permitted under current zoning classifications—whether as-of-right or conditional—except for those specifically restricted by Walmart without prior written consent from Walmart Stores, Inc. or its successors. 

The following uses are prohibited unless otherwise approved in writing by Walmart: 

• Discount stores exceeding 8,000 SF 

• Wholesale membership warehouse clubs 

• Grocery stores or supermarkets 

• Pharmacies or drug stores 

• Gas stations or quick-lube oil change facilities 

• Auto tire sales centers 

• Movie theaters or bowling alleys 

• Health spas or fitness centers 

• Adult bookstores or adult entertainment venues 

• Pawn shops 

• Bars, nightclubs, or establishments whose principal revenue derives from alcohol sales 

• Businesses primarily engaged in check cashing or consumer loan services (excludes banks or regulated financial institutions) 

 

Parcel Summary – Must be Sold Together Parcel 

Address / Owner 

Acreage 

Parcel ID 

Lot A 

WHITAKER RD CAMBRIDGE OH 43725 / REID & HINES ENTERPRISES LLC 

0.670 AC 

50-0000012.000 

Lot B 

SOUTHGATE PKWY CAMBRIDGE OH 43725 / HOWALD ENTERPRISES LLC 

0.613 AC 

50-0000009.000 

 

 

 

ONLINE AUCTION ONLY

Terms and Conditions


A) If you are the high bidder, you are contractually obligated to buy the real estate at the price stated as Your bid, Buyer’s Premium, fees, and all other applicable Buyer closing costs.

B) Successful Bidder will be required to enter into the purchase agreement within 2 hrs after close of auction as posted on the Documents tab and tender a NON-REFUNDABLE Earnest Money deposit of 10% of final Purchase Price by cash, check, or electronic transfer after the end of the auction within 24 hours. Failure to execute the purchase contract and tender the earnest money deposit will put the bidder in default.

C) Default by Bidder: In the event of a default by the Bidder under the terms and conditions of this auction, the Auctioneer reserves the exclusive right to terminate this Agreement and take any and all actions deemed necessary and appropriate to sell the property, including, but not limited to, offering the property to the next highest bidder
or re-listing the property for auction at the Auctioneer's discretion. Nothing herein shall limit or relieve the Bidder's liability for any actual damages sustained by the Auctioneer, Seller, or any third party as a result of such breach. The Auctioneer's exercise of rights under this section shall not constitute a waiver of any other rights or remedies available to the Auctioneer, Seller, or any affected third party under this Agreement or applicable law.

D) Each Buyer is responsible for conducting their own due diligence on the Property before bidding. The buyer is encouraged to conduct an inspection(s) prior to bidding.

E) The real estate sells in AS IS condition. The Seller is not making any repairs or making any concessions.

F) The sale is not contingent upon a satisfactory inspection.

G) The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any.


H) Closing to occur on or before  November 27th, 2025.


I) Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes.


J) Bidder acknowledges receipt of a copy of the real estate purchase agreement for this Auction.


K) There is a 10% (TEN) Buyer’s Premium added to your final bid to determine
the final purchase price.

 

By registering for this auction you are accepting

all Terms and Conditions!

 

The bidding will begin to close at 3:00 PM October 22nd, 2025 with a two minute auto extend. This means that if a bid is placed within the last two minutes, the bidding will be extended for an additional two minutes.

 

 

What are you waiting for? You truly must see this property in person to fully appreciate it. Register to bid and check out all the documents and photos that we have available for your due diligence. Great investment opportunity!

 

 

For Property Information and Tours:

 

 

Michelle Angeny, ACoM | EXP COMMERCIAL

 216-926-8481 | michelle.angeny@expcommercial.com

 

 

For Auction Information:

 

Adrian Walters, CAI Auctioneer | TRANSITION AUCTION GROUP, LLC

Senior Advisor | EXP COMMERCIAL

614-348-8377 | adrian@transitionauctiongroup.com

Auctioneer License # 2019000013

Corporate License # 2025000087

Acknowledgment of Terms and Conditions

 

  1. If you are the high bidder, you are contractually obligated to buy the real estate at the price stated as Your bid, Buyer’s Premium, fees, and all other applicable Buyer closing costs.
  2. Successful Bidder will be required to enter into the purchase agreement within two hours of auction closing as posted on the Documents tab and tender a NON-REFUNDABLE Earnest Money deposit of 10% by cash, check, or electronic transfer after the end of the auction within 24 hours. Failure to execute the purchase contract and tender the earnest money deposit will put the bidder in default.
  3. Default by Bidder: In the event of a default by the Bidder under the terms and conditions of this auction, the Auctioneer reserves the exclusive right to terminate this Agreement and take any and all actions deemed necessary and appropriate to sell the property, including, but not limited to, offering the property to the next highest bidder or relisting the property for auction at the Auctioneer's discretion. Nothing herein shall limit or relieve the Bidder's liability for any actual damages sustained by the Auctioneer, Seller, or any third party as a result of such breach. The Auctioneer's exercise of rights under this section shall not constitute a waiver of any other rights or remedies available to the Auctioneer, Seller, or any affected third party under this Agreement or applicable law.
  4. Each Buyer is responsible for conducting their own due diligence on the Property before bidding. The buyer is encouraged to conduct an inspection(s) prior to bidding.
  5. The real estate sells in "AS IS" condition. The Seller is not making any repairs or making any concessions.  
  6. The sale is not contingent upon a satisfactory inspection.
  7. The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any.
  8. Closing to occur on or before 10/3/25.
  9. Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes.
  10. Bidder acknowledges receipt of a copy of the real estate purchase agreement for this Auction.
  11. There is a 10% (Ten Percent) Buyer’s Premium added to your final bid to determine the final purchase price.