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Hoffman Rd,
Geneva, OH 44041

$358,000 MLS: 3814668

Great mix of open areas and trees of varying sizes-- from brush to mature. Located in Trumbull Twp, Ashtabula county , this land offering contains 4 parcels of ground . There is 656 foot frontage on Hoffman road and the depth of the property goes back to the undeveloped portion of Kirk Rd that is the northern boundary. There is a 28 x 43 Block building on one parcel built in 1960. Oil and Gas Info from seller: The Seller's own all mineral rights. No entity has an oil/gas lease on the property. The property had two Oil/Gas wells both of which have been plugged per ODNR regulations. One well was on Northeast corner of property the other well was on Northwest Corner of property. A third well know as the Blasius/Mahon well was permitted but never drilled because of the downturn in petroleum distillate prices. There is still the possibility to remove oil and gas from other wells properly placed on the property. The active pipeline right of way on the property is for a small bore pipeline. The right of way expires on March 12, 2019. Upon ROW termination the pipeline owner is required to cut and cap the pipeline. The pipeline moved gas from a well on Richmond- Footville Rd. I do not know if anything is currently being pumped through this pipeline. The pipeline runs along the western boundary of the 19.18 acre parcel so that it would not interfere in any future building site. All mineral rights will transfer to new owner. Frontage on Hoffman is located between 5453 & 5331 Hoffman.
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