2025 8 11 Work Session Packet website

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Agenda Item 
IV. B.  Disposal of Real Property Located at 2201 Decatur Pike 
 
Overview 
The city recently acquired about 15 acres of land during 2024 to expand Regional Park. On that 
acreage is a 2,258 square foot single family house built in 1991 and located in a B -3 zoning 
district (Intensive Business District). Those uses are attached. The city does not need the house 
and is interested in disposing of the house and sufficient land through an advertised competitive 
sealed bid, advertised public auction, or other legal means. Attached are a plat of the house on 
1.08 acres (Lot 1) that was surveyed during June 2025, a floor plan, assessment data indicating 
the house has a value of $215,400, and a zoning map. 
 
This matter was discussed during the April 7, 2025 work session and the April 15, 2025 regular 
session. During the April 15, 2025 regular session, the council voted to approve a resolution to 
declare the house and 1.08 acres of land as surplus city propert
y and authorized city staff to 
dispose of the property through an advertised competitive sealed bid with a minimum bid of 
$275,000 based on a May 2025 appraisal.  
 
The bid was issued on June 20, 2025, a pre -bid meeting held on July 8, 2025 with only one 
person attending, and the bid deadline was July 22, 2025. On the bid deadline date, no bids were 
received. Since no interest was shown in this commercial property, other options exist to dispose 
of this unneeded property including:  
 
1) Retain the B-3 zoning, decrease the minimum bid amount, and allow a real estate  
professional to market the property for maximum exposure.  
2) Consider rezoning the property from B-3 to R-2 (Medium Density Residential District- 
uses attached), decrease the minimum bid amount, and conduct another competitive sealed 
bid or allow a real estate professional to market the residential property for maximum 
exposure. The rezoning process would take about 3 months and be ready to sell dur ing 
October.  
3) Keep the property and demolish the house. 
 
Action to Consider 
Consensus is needed to move this item to the August 19, 2025 regular session for consideration. 
 
Affected Departments 
Parks & Recreation 
 
 
 
 
 
 
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