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OAbsolute Auction – Premier Development or Agricultural Land Auction
Description:

Absolute Auction – Premier Development or Agricultural Land

108+/- Acres – 14 Tracts Selling to the Highest Bidder – House, Barns & Equipment

• 108+/- Acres Prime Agriculture and Development Land incl. House & Three Barns
• 3.0 miles west of new Super Walmart, Shopping, Hotels & Restaurants
• 14 Parcels Range from 2 ac to 18 ac – Bid on One tract, Multiple tracts or in the Entirety!
• Selling to the Highest Bidder Regardless of Price – No Minimums
• 41.8+/- Acres are in CRP Program until 2022
• Buyers Retain full CRP Payment for 2020 and forward - $7,538 Annual Payment
• Mostly Open and Tillable with only pockets of woods
• County Water & Electric to the Property
• Development Has No Restrictions (Subject to Adair Co. Planning and Zoning If Applicable)
• Great Development Potential with the Desired Location for Home Buyers
• County Road Frontage to all Parcels
• Being Sold by the Living Estates of John and Margaret Johnson through Power of Attorney
• First Time Offered in over 40 Years – Do Not Miss this Fantastic and Rare Opportunity to Buy at Your Price!
• ALSO SELLING a line of Farm Equipment & Tractor
Conservation Reserve Program (CRP)
• Total Acres for Enrollment: 41.8
• Contract Period: 10-01-2007-9-30-2022
• Rental Rate Per Acre: $180.34
• Annual Contract Payment: $7,538.00
• CRP Payments are Made Each October. (3 More Payments Remaining Per Contract)
• (Please see CRP Contract in PIP)
• Tracts Consisting of CRP
• If the farm is sold this year, payment can be divided between the buyer and seller however they wish if agreed to in writing prior to making a deed, or if no agreement then the payment will be prorated based on the date the deed is recorded.
• The new owners MUST complete paperwork here in the FSA office to transfer the CRP contract into their name and agree to the terms of the contract (no haying or grazing or growing crops on the CRP acres, strip mowing ½ of the acreage each year) or the old owners would be required to refund all payments received since 2007 on this CRP contract.
• All CRP payments will be given to new buyers starting full year of 2020. (No Pro-ration)


Farm Lease Agreement
• Farm lease agreement ends 12-31-2020
• Price per acre per year 2020: $125.00
• Type of crop being planted in 2020: Corn 45-50 acres
• Planting time for 2020: Around the Middle of April 2020


Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734.
10% Buyers Premium and other terms apply
Sale in cooperation with Diamond Key Realtors, Wendy Harris


Online bidding end April 2nd at 6:00 pm CT
Property Address: 241 John Lane, Columbia, Kentucky 42728

Contact Justin Hampton at 270-734-1161 or jhampton@tranzon.com

City:
Columbia
State:
Kentucky
Country:
United States
Phone:
2707690284
Photos:
Online Auction – University Area Residential Dev. Lot Auction
Description:

Online Auction – University Area Residential Dev. Lot

Online Real Estate Auction
University District Development Lot
Development Opportunity! 8,450 +/- SF Lot Blocks from the University of Baylor.
The site is zoned R-2 for Two-Family and Attached Single-Family Residential and lies within the Zone 1 College & University Neighborhood District. The zoning and district allow for SHORT TERM RENTAL (aka AirBnB or VRBO) as well as a BOARDING HOUSE (aka Student Room Rentals). Conveniently located within blocks of I-35 and Baylor University. Although the Lot is zoned R-2, a developer can apply for a variance with the City of Waco for additional development opportunities. Note that R3B, R3C, R3D & R3E Multiple Family District zoning allows for Boarding House with maximum of 8 bedrooms so a variance may be requested with the City of Waco.
Approx. 8,450 +/- SF of land
1/2 Mile from Baylor University
.15 Miles from I-35 Feeder
Approx. 2 Miles from Magnolia Market Silos
Dimensions: 50’ x 169’
Zoning: R-2 – Permitted Uses
Single-Family Dwelling
Single-Family Attached (zero lot line) Dwellings
Two-Family Dwellings, Duplexes
Bed & Breakfast Homestay Establishment
Short Term Rental Type I – Owner Occupied
Short Term Rental Type II – Non-Owner Occupied, Single-Family or Duplex
Boarding House Provided that the boarding house contains a maximum of 6 bedrooms & not more than 1 boarding house structure is located on the lot.
Utilities:
City Water & Sewer
Flood Hazard: None
50’ +/- along Speight Ave
50’ +/- along Alley
Waco, TX, located halfway between Dallas and Austin, is home to Baylor University, Texas Ranger Hall of Fame & Museum and Texas Sports Hall of Fame. Due to the popularity of HGTV’s Fixer Upper show featuring Chip & Joanna Gaines, their Magnolia Market Silo’s project now attracts over 2,000,000 visitors a year.


Tranzon Asset Advisors Texas LLC TX Broker #9008058, Kelly D. Toney, TX Auctioneer #11818
10% Buyers Premium and other terms apply


Property #: TAA1936

Online Bidding ends January 23rd at 2:00pm CT

Preview Date & Time:
Drive by anytime

Property Location:
1418 Speight Avenue
Waco, Texas 76706

Contact Kelly Toney at 888-791-7307 ext. 88 or ktoney@tranzon.com

City:
Waco
State:
Texas
Country:
United States
Phone:
270-769-0284
Photos:
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