Details

Sale Pending

Sale Date: Tuesday, November 15, 2022 1:30 PM

Sale Location: Jackson AmericInn Lodge & Suites at 110 Belmont Lane in Jackson, MN.

Documents and Maps

Key Features

Outstanding Jackson Minnesota 27.66+/- Acre Commercial - Development Land Auction

Description

This 27.66+/- acre commercial property has a prime location along Interstate 90 in the heart of Jackson Minnesota Industrial Park. This is prime development property that is well suited to most any type of commercial use.

Location

Located from the Interstate 90 exit at Jackson, Minnesota 1/8 of a mile south on Highway #71 to County Road #38  Industrial Parkway), then 1/4 mile east. The property is located on the north side of County Road 38. Watch for signs.

Legal Description

Part of the NW1/4 13-102N-35, lying south of ROW line of Interstate 90 & north of County Road #38 (Industrial Parkway) in Jackson, Minnesota. (Full legal description & survey provided in information booklet at www.danpikeauction.com)
Containing 27.66 total surveyed acres.

Soils

SEE INFORMATION BOOKLET.

Surety/Agridata Avg

SEE INFORMATION BOOKLET.

Improvements

Prime bare commercial property.

Real Estate Taxes

SEE INFORMATION BOOKLET.

Method of Sale

Public Auction

Method of Bidding

Public Live in person Auction.

Possession

Upon closing. Subject to 2022 cropland lease.

Terms

All bidders must register at the auction for a bidding number. The property will be offered as one parcel of 27.66+/- acres. The property is being sold subject to a cropland lease for 2022 with the Seller’s retaining all 2022 cropland lease payments. The Buyer or Buyers shall enter into a purchase agreement and make a $100,000.00 Non-Refundable down-payment the day of the auction. The closing shall be held on December 20, 2022 with the balance being due and payable in full at closing. Possession after all 2022 crops have been removed. The sale will NOT be contingent upon any buyer financing. The buyer is responsible for all real estate taxes that are due and payable in 2023 and thereafter. Property is being sold “AS IS”, Property is being sold subject to any easements including road, drainage, utility or other easements of record or pending. The sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing, if any, will be the responsibility of the purchaser pursuant to MN statues. The buyers are responsible for all inspections of the property prior to their purchase of it. The sale is subject to the sellers approval. Any statements made at the auction may take precedence over any printed information. Auction Company & Staff represent the seller in this transaction.

 

 

Deed Restrictions

Zoned Service Business District.

Comments

AUCTIONEER’S NOTE

This is a Prime commercial development tract of land. It has an excellent high traffic, very visible location in the heart of Jackson’s industrial area along Interstate 90. This is a opportunity of a lifetime to acquire this type of investment property at public auction. You will want to take a look at this property. We are very honored to have been asked to represent the Clair O. Gilmore Trust with the sale of this property. Please come prepared to purchase as the sellers have chosen the auction method to market this property. If you are considering the purchase of very good commercial development property to add to your investment portfolio this is an auction that you will want to attend. The information contained in this sale bill and other information provided by the sellers & their agents is believed to be correct, but is not guaranteed. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of property. The buyers shall make themselves familiar with the property and verify all information & data for themselves. The auctioneers and the sales staff are representing the seller. We look forward to seeing everyone at the auction. Remember that the auction begins at 1:30 P.M. sharp, so don’t be late.

 

No “Buyers Premium” will be charged - what you bid is what you will pay.

 

Listing Agent

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