ONLINE AUCTION (June 21st), 2014 11:00am - 2:00pm CT.
Over 125 acres of development land located in a TIF district on an access road to Missouri Avenue. Property currently has multiple zoned areas (including some commercial & agricultural) and has potential for commercial, industrial, and/or multi-family development. Municipal utilities are available to the property. Seller has an initial development plan & the City has approved $17,000,000 in TIF bonds - these TIF bonds have not yet been funded, but the City has agreed to transfer the TIF to the new owner & work with them on any plan modifications. Parcels in sale: 10-8.0-33-004-000-009.001; 10-8.0-33-004-000-009.002; 10-8.0-33-000-000-009.000; 15-2.1-04-000-000-002.000
LIST PRICE IS $4,225,000 WITH AN OPENING BID OF $2,500,000 IF NO OFFER RECEIVED BEFORE 6/21/14 AUCTION. Buyer Fee of 2% or $2,000, whichever is greater, to be added to...
LIST PRICE IS $4,225,000 WITH AN OPENING BID OF $2,500,000 IF NO OFFER RECEIVED BEFORE 6/21/14 AUCTION. Buyer Fee of 2% or $2,000, whichever is greater, to be added to high bid to determine final sale price. Nonrefundable EM of 5% of high bid/sales price due from high Bidder at time of auction/offer. Offers subject to seller approval. Property sold 'as is, where is'. See Bidder Packet for additional details. Auctioneer: Wade T Micoley #13-15. Broker Firm: WM Enterprises Inc #2011014140. Broker: Amy Wick #2011014141.
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationI-44 to exit south onto Missouri Ave/I-44 Spur to right onto Gateway Circle to property on the right.