Auction Information
1.80 Acres on HWY 75
Upcoming Online Only Auction Of
A Prime Commercial Property In A Great Location
This Property Provides A High Exposure Location! This Property Features 1.80 Acres And Is Located On US HWY 75!! This Property Provides Many Opportunities And Locations As Highly Visible As This Property Are Rarely Available! This Property Is Located Just South Of The Intersection Of US HWY 18 & US HWY 75 (Perkins Corner) On The Highly Traveled US HWY 75 Corridor!! In Real Estate Location Is Everything And This Is One Of the Best In Northwest, IA!! Located Only 6 Miles From Sioux Center, IA, 6 Miles From Rock Valley, IA And 2 Miles From Hull, IA!!
Location: This property is located just South of the Intersection of US HWY 75 and US HWY 18 or Directly West of Te Slaa Trucking. From the North edge of Sioux Center, IA go 6 3/4 mile North on US HWY 75 to the property or from Rock Valley, IA go 5 miles East ...
Location: This property is located just South of the Intersection of US HWY 75 and US HWY 18 or Directly West of Te Slaa Trucking. From the North edge of Sioux Center, IA go 6 3/4 mile North on US HWY 75 to the property or from Rock Valley, IA go 5 miles East on US HWY 18 to US HWY 75 then go 1 1/4 mile South on US HWY 75 to the property. Auction Signs will be posted.
Bidding Will Open on February 27, 2020 8:00 A.M.
Bidding Will Close on March 26, 2020 Starting 6:30 P.M.
Auctioneers Note: We are honored to represent Meadowlark Holdings, LLC. In the sale of this great property!! As the own-ers are doing a 1031 exchange they have decided to present the rare opportunity to purchase this prime property!! This 1.80 acre property offers a prime location in the Tri-State Area! This property is located at the intersection of Highway 75 and High-way 18 and which is commonly known as Perkins Corner!! Make plans to bid on this property! Auction signs will be posted!
Legal Description: That part of the NE NE of Section 32, Township 97 North, Range 45 West, of the 5th P.M., Sioux County, Iowa, designated as Parcel A as shown by Plat of Survey recorded in the 2009 File Card No. 6007, Subject to public Highways, Except Parcels B and D.
General Description: Location Location Location!! This 1.80 acre prime Real Estate is zoned Commercial and is boasting one of the best locations in Northwest IA on the highly traveled US HWY 75 corridor!! This property features a Tri-State location that is 2nd to none!! According to a recent survey this property has a traffic count of approx. 5,000 to 6,000 cars a day!! The lot size of this property is 149 X 301. This property has Rock Valley Rural Water and Mid American Energy Available! Whether you are looking to add another location to your existing business or looking to start a new venture these types of opportunities do not come along often! There are several types of businesses or uses that would be permitted on this property! This property currently has DOT permit for a on-site sign which will transfer to the new buyer. The current sign on the property will not be included however the metal sign poles for the current sign WILL be included with property. Contact Agents for details. Property has been surveyed and there is full access from Highway 75! The driveway on this property will be shared 50/50 with Parcel D. Please contact agents for more details!! Do not miss this opportunity to purchase this property as properties with this much potential are rarely offered for sale!! For a full informational packet please contact the auctioneers listed below.
Method of Sale: This property will be sold on a Online Only Auction in total dollars.
Taxes: The current Real Estate Taxes according to the Sioux County Treasurer are $334.00 per year. Seller will pro-rate the taxes to the date of closing.
Possession: April 23, 2020.
Terms: Successful bidders at close of auction agree to sign a purchase agreement within 24 hrs of final bidding closing with the following terms. A $15,000 non-refundable down payment will be due immediately following the auction and the remaining bal-ance will be due in full on April 23, 2020. Buyer will agree to accommodate the seller with a 1031 exchange. This property is be-ing sold as a cash sale, with no finance contingencies. Full payment will be due and payable on closing day when clear and mer-chantable title will be given to the buyer(s). This property is being sold as is where is with all defects and no warranties are ex-pressed or implied. All lines drawn are for information purposes only and are not guaranteed to lie truly on the propertys bounda-ries. Although all information is deemed reliable, all buyer(s) are encouraged to inspect the property and verify any infor-mation. All prospective buyers are encouraged to contact Sioux County Zoning for any permitted uses and future zoning questions The Sale is subject to the confirmation of the sellers and sellers reserve the right to accept/reject or negotiate final bid at close of auction. This transaction will only become binding upon written execution of purchase agreement between buyers and sellers. Auctioneers and Agents are representing the sellers in this transaction. Any announcements posted day of auction will supersede any advertising. Craig KrogstadSellers Attorney
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Location: This property is located just South of the Intersection of US HWY 75 and US HWY 18 or Directly West of Te Slaa Trucking. From the North edge of Sioux Center, IA go 6 3/4 mile North on US HWY 75 to the property or from Rock Valley, IA go 5 miles East on US HWY 18 to US HWY 75 then go 1 1/4 mile South on US HWY 75 to the property. Auction Signs will be posted