UpcomingONLINE ONLY - Timbered Rec Land, Development And Commercial Tracts In Rocky Mount - 41.04 Acres

AuctionUpcoming
Auction Date16December

41.04 Acres / Nash County, NC

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Auction Location:Online Only Auction - Bid at AuctionNetwork.com, NC

Auction Type:Minimum Bid

Auction starts in:00 months, 03 days 09 hours 12 minutes

Auction Date:

THIS IS AN ONLINE AUCTION ONLY BEGINNING AT 10:00 AM DECEMBER 16 AND ENDING AT 3:40 PM DECEMBER 18, 2019

37.23+/- ac - NOMINAL OPENING BID: $75,000.00
In Downtown Rocky Mount lies this gem of a property perfect for a park, conservation easement or recreational location. With over 2,000± feet of river frontage, this property has many unique opportunities. Currently, the property is in brush and timber creating great habitat for whitetail deer, ducks, turkeys, and loads of small game. The buildable ground, access to several major highways, new construction in the area and Zoned B-2 makes this a great location for future commercial development and investment opportunities.

• 2123' of Tar River frontage
• In downtown Rocky Mount just off Sunset Ave
• Located in a section of downtown where refurbishment is underway
• Great location for solar farm
• Across the river from City Park
• Minutes from Highway 64 and the Golden East shopping center
• Just off of Highway 301



0.98+/- ac - NOMINAL OPENING BID: $100,000.00
High visibility commercial site on 1.8 miles west of downtown Rocky Mount. Good traffic in the area near the intersection of Business Highway 64 and US 301 with the property flanked by two national-level retail stores. 1976 sq. ft. +/- former retail building (Zoned B-2) with upgrades planned for Sunset Avenue. Good opportunity for a developer, investor or shop owner.

• Located in an area of Rocky Mount that is under current revitalization
• 150 ft +/- of road frontage on Sunset Ave/ Business Highway 64
• Hwy 301 only 1 block away, Hwy 64 only 2 minutes away & easy access in minutes to I-95
• Minutes from Downtown Rocky Mount



2.83+/- ac - NOMINAL OPENING BID: $50,000.00
Commercial lot located 2 miles west of the heart of downtown Rocky Mount. Located in an area of town where recent and new development is taking place (Zoned B-5CU). Located on the Tar River, the land already been improved up to grade and is build-ready. With road frontage along Highway 301, this property gives you maximum exposure on a highly traveled thoroughfare in and out of Rocky Mount. Water and sewer in place and ready for development.

• 240 ft +/- of road frontage on Highway 301
• Minutes from downtown Rocky Mount
• Only minutes to Highway 64 and I-95
• Minutes to local markets and eating establishments

    • Online Only Auction - bid at AuctionNetwork.com

    • Online bidding only - December 16, 2019, 10:00 am - December 18 , 2019, 3:40 pm

    • All properties and or any improvements thereon are sold “AS IS, WHERE IS” with no financing, inspection or other contingencies to sale. Final acreage totals are contingent on a survey

    • This sale is subject to a 5% buyer’s premium, $2500 minimum

    • Announcements on the day of the sale shall take precedence over any prior advertisements

    • Each high bidder will sign a contract and must make a non-refundable deposit of 10% of the total purchase price (minimum may apply) immediately following auction - cash, cashier’s checks, personal checks and business checks (electronically processed) are accepted - the balance of the purchase price and all closing costs are due at closing within 30 days

    • The property is sold free and clear of all taxes and installments of assessments for prior years but taxes and installments of assessments for the current year on the basis of the actual assessment shall be apportioned as of the scheduled date for the closing of title

    • All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgment

    • Possession at closing, subject to tenant’s rights, if any

    • Nominal Opening Bid For Each Tract

    Details

    • Waterfront
      • Frontage
        • River
    • Roads
      • Road Frontage
        • Highway
    • Tillable / Production Areas
      • Hardwood Trees
      • Softwood Trees
    • Utilities
      • Electric
      • Water
    • Investment

    Real Estate Auction Terms and Conditions

    Terms Of Sale

    Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

    Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes, and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

    All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. We do not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

    Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

    The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

    Each high bidder must make a 10% ($5,000 minimum) non-refundable deposit immediately following auction. Cash, cashier's checks, personal checks and business checks (electronically processed) are accepted. The balance of the purchase price and all closing costs are due within 30 days.

    Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

    Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

    All auctions are subject to court or seller approval. Most sales are approved within 10 business days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

    If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

    Ranch & Farms Auctions, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

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    Auction Network, LLC serves solely as the online bidding service. See Auction Network Terms of Use at www.auctionnetwork.com

    Broker Participation

    Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details.

    Greg Lutz, Managing Director, Williams & Williams, 785.286.2518

    Joe Gizdic, Managing Director, Whitetail Properties Real Estate, LLC, 217.299.0332


    Auction Type

    Minimum Bid

    Licensing

    IN COOPERATION WITH WHITETAIL PROPERTIES AND WILLIAMS & WILLIAMS AUCTIONS

    Williams & Williams Marketing Services, Inc. RE C6474

    North Carolina Broker - Jerry E King; RE Lic 22778

    Williams & Williams Mrktg Srvcs, Inc. Auc Lic 7725

    Auctioneer: Jerry E. King; Auc Lic 1010

    Whitetail Properties Real Estate LLC RE C27298

    North Carolina Broker - Charles Camp; Broker RE Lic 190890

    Scott Hicks, Land Specialist, Whitetail Properties Real Estate, LLC, 919.610.4796

    Disclosures, Title Commitment And Other Documents

    Click Here to view disclosures, title commitment and other documents on Williams & Williams.

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