kansas-city-auction-company

GONE! Land Auction

90 Acres m/l


  • Over 1600’ US Hwy 169 Frontage
  • Sewer to South edge of property (agreement pending with KC)
  • 12” City water main along  frontage
  • Curb cut to Hwy 169 at SW corner of property
  • Great for Investment, Development or Recreation

LIVE ON-SITE AUCTION
Began: 07/23/11 at 10:00 AM CDT
Location: Platte Valley Bank, 1603 S. US Hwy 169, Smithville, MO 64089

90 ACRES m/l

  • Over 1600’ US Hwy 169 Frontage
  • Sewer to South edge of property (agreement pending with KC)
  • 12” City water main along  frontage
  • Curb cut to Hwy 169 at SW corner of property
  • Great for Investment, Development or Recreation


Auction Location

Platte Valley Bank

1603 S. US Highway 169

Smithville, MO 64089

 

Directions to Auction Location:

Platte Valley Bank is located just 1.5 miles north of the subject property at the corner of US Hwy 169 and

Financing Available

Platte Valley Bank will provide financing to qualified buyers.  Call Travis Boyer at 816-532-0700 for more information.

FAST FACTS

  • Auction Date:  Saturday, July 23rd, 2011 – 10:00 a.m.
  • Auction Location: Platte Valley Bank, Hwy 169, Smithville, MO
  • 90 Acres m/l
  • Over 1600’ US Hwy 169 Frontage
  • Sewer to South edge of property (agreement pending with KC)
  • 12” City water main along  frontage
  • Curb cut to Hwy 169 at SW corner of property 
  • Zoned Agriculture
  • Commercial or Residential development welcome
  • Great for Investment, Development or Recreation

 

 

AUCTIONEER’S NOTE:

Don’t miss this opportunity to buy this great 90 acre parcel with US Hwy 169 frontage at Auction Prices!

Whether you are looking for investment, development or recreation, this property should be at the top of your list.   A Cates representative will be onsite for property inspections on Sunday July 10th & 17th from 2:00 to 4:00 p.m.   The auction will be held off site at the Plate Valley Bank building located just 1.5 miles north of the subject property on Saturday, July 23rd at 10:00 a.m.   We have been selected to sell this property at public auction on Saturday, July 23rd at 10:00 a.m..  If you have any questions or need additional information, please let us know.  We look forward to seeing you at the auction.   Come and bid your price!

Sincerely,

 

Jeff Cates

President & Chief Auctioneer

AUCTION TERMS AND CONDITIONS

 

REGISTRATION: Registration will begin one hour before the auction. All bidders must provide name, address, phone number, social security number, and a valid driver’s license. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

 

DOWN PAYMENT: The successful bidder(s) shall be required to make a 10% non-refundable down payment of the total purchase price at the auction site immediately following the close of bidding.  A $25,000 cashier’s check shall be required to bid and presented at registration unless you have made other arrangements with the Auction Company.  The cashier’s check should be made payable to yourself and then shall be endorsed over to the escrow agent if you are a successful bidder. A personal or business check to bring the balance up to 10% will be accepted.

 

FINANCING: Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction.

 

CONTRACT SIGNING: The successful bidder(s) shall execute a purchase agreement at the auction site immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise. 

 

CLOSING: Buyer(s) shall close within 30 days of the auction date. Possession will be delivered at closing.

 

EVIDENCE OF TITLE: Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a warranty deed conveying the real estate to the buyer(s).

 

REAL ESTATE TAXES, ASSESSMENTS, & EASEMENTS: 2011 taxes are to be prorated as of the closing date. Sale of said property is subject to any and all easements of record.

 

AGENCY: Cates Auction & Realty Co., Inc. and its representatives are Agents of the Seller.

 

BUYER’S PREMIUM: A buyer’s premium of ten percent (10%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

 

BROKER PARTICIPATION: A commission will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.

 

DISCLAIMERS AND ABSENCE OF WARRANTIES

The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it.  All sketches and dimensions are approximate.  No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. Advertising may contain pictures of wildlife and other items that are for illustrative purposes only. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). The Property is available for and subject to sale prior to auction.

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