Wayne County Schools Surplus Property Auction Opens in Genoa

An online auction has opened for surplus properties owned by Wayne County Schools, specifically the former Dunlow and Genoa elementary schools. Bidding on the two properties, located in Genoa and Dunlow, will close on November 17. As of Wednesday afternoon, 13 bids had been placed on the former Genoa Elementary School and 20 bids on the former Dunlow Elementary School, with the current bid for each building listed at $52,500. Superintendent Todd Alexander discussed the auction during a recent Wayne County Board of Education meeting.

The sale of these school district properties represents a local real estate transaction. The auction is managed by Kaufman Realty & Auctions, and the final contract price will include a 10% buyer’s premium. The sale of surplus assets affects the financial resources of the school district.