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4+ Acres in Delaware Change Hands

4+ Acres in Delaware Change Hands

Sawmill Delaware Investment LLC purchased just over four acres of land on Innovation Court this past week according to the Delaware County Auditor.

The 4.701 acres are located at the northwest end of Innovation Court, just south of where Airport Road currently runs along the south side of the airport. According to the auditor’s office, Sawmill Delaware Investment LLC purchased the property for $291,462 or $62,000 per acre.

This will connect to an additional 8.363 acres that Sawmill Delaware Investment LLC purchased in 2016. In a sign of the changing market, they purchased the 8+ acres for about $35,000 per acre.

The seller was MPTB LLC.

Toby Boyce

Toby E. Boyce, MBA, has been licensed to sell real estate since 2006. He has been a professional writer since turning 16 and working for the Mt. Vernon News and eventually worked in higher-education public relations. In real estate, he has earned numerous awards and served on numerous boards throughout the real-estate industry.