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ABSOLUTE LAND AUCTION! Paducah, ky
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Live On-Site Auction
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Description
ABSOLUTE LAND AUCTION
4 DIFFERENT PROPERTIES SOLD SIMULTANEOUSLY ON SAME DAY!
ATTN: DEVELOPERS, HOME BUILDERS, CONTRACTORS, LAND INVESTORS!
SELLING 4 SEPARATE TRACTS OF LAND
THIS IS A MUST ATTEND EVENT!
ALL LOCATED IN THE CITY OF PADUCAH & LONE OAK COMMUNITY!
ALL 4 PROPERTIES WILL BE AUCTIONED OFF-SITE @ 10:00 A.M. FROM
THE COMMONWEALTH EVENT CENTER
@ 5955 US-60 PADUCAH, KY 42001
(LOCATED ± 1.4 MILES WEST OF KY. OAKS MALL)
HIGHLIGHTS OF ALL 4 LOCATIONS:
Broker co-op with David Nelson & Ronnie Dexter of Purchase Realty Group.
When: Saturday, February 27th 2021 @ 10 A.M.
Auction Held Off-Site:
Where: All 4 properties will be auctioned off-site from Paducah’s Commonwealth Event Center
Located @ 5955 US-60 Paducah, Ky. 42001.
Note: This auction has something for everyone! All of the subject properties offered are in close proximity to I-24, shopping & dining facilities, pharmacies, hospitals, schools, churches and more!
Paducah Subdivision Zoned R1 on US-60/Alben Barkley Dr. Brower Park Subdivision Plus 2 Adjacent Tracts Totaling ± 14.7 Acres All ± 14.7 Acres at this Location Sold Together as a Package Behind Kroger Hannan Plaza
Brower Park Subdivision Directions: From I-24 Exit 7 & US-62 take US-62 East ± 0.5
miles arriving at property on right. From US-62 & Lone Oak Road intersection at
Kroger take US-62 ± 0.4 miles arriving at subject property on left. Signs posted.
Brower Park Subdivision contains ± 14.7 total acres including Brower Park Subdivision/adjoining lot that was purchased to increase the size of Brower Park plus an additional ± 0.65 acre adjacent tract that fronts Alben Barkley Drive that will give you access to Brower Park. This location has 2 private ingress & egresses off Alben Barkley Drive with dedicated unimproved roads throughout subdivision. These outstanding properties are situated behind Kroger Hannan Plaza between US-62 Alben Barkley Drive (Blandville Rd.) and Lone Oak Rd. This property is undeveloped and mostly wooded with an engineered drawing in place. Green broken lines on the engineered drawing represent current municipal sewers, blue broken lines represent municipal water with fire hydrants referenced. All other utilities available. Zoned R-1 low density single family and two family dwellings with no more than 2 attached units permissible, as well as parks, playgrounds or community centers owned and operated by governmental agencies. This outstanding location is a hidden gem & is ready for development.
Lone Oak Acreage Zoned R2 Situated Behind Backyard Burgers,
5 Star & McDonald’s on Lone Oak Rd.
± 7.964 Acres at this Location Sold Together as a Package
Lone Oak Acreage Directions: There Are 2 Different Routes & Entrances to Subject Property:
1st Route: From I-24 Exit 7 & US-45/Lone Oak road intersection take US- 45 S/Lone Oak Rd
Southwest ± 0.1 mile turning left onto Nolan Drive, proceeding ± 0.3 miles turning
right onto Olympia Avenue and continuing ± 0.1 mile turning right onto Petter Ave.
Signs Posted.
2nd Route: From same starting point head southwest on US-45 S/Lone Oak Rd ± 0.5 miles
(passing McDonald's on the left in ± 0.3 mi) turn left onto Bleich Rd. at the light beside
C-Plant Credit Union & proceed ± 0.6 miles, turn left onto Elmdale Rd. ± 0.1 mile, turn left onto Ridgewood St. proceed ± 0.2 miles. Ridgewood St. turns right and becomes Topeka Ave.
continue 0.1 mile, turn left onto Vermont St. proceed ± 0.1 mile. Vermont St. turns left and
becomes Olympia Ave. Continue ± 0.1 mile arriving at Petter Ave.
Important Note: Continue on Olympia and you will arrive at Ridgeview St. This is the second
access road to subject property. Both Petter Ave. & Ridgeview St. are non-through streets but do
adjoin subject property. Signs posted. Lone Oak Acreage: This attractive parcel situated right
in the middle of Lone Oak contains ± 7.964 acres. All utilities are available. This is a must attend
event! Outstanding locations such as this one in the heart of Lone Oak do not become available
often. Zoned R-2 medium density permitted uses are: (1) Single-family dwellings & two-family dwellings/town houses with no more than two attached units per town house. Also parks,
playgrounds or community centers owned and operated by a governmental agency. (2) Conditionally permitted uses. The following uses are special exceptions and require written approval of the
Board of Adjustment: Daycare nurseries, home occupations, multi-family dwelling, Bed and
Breakfast & Places of Worship. There is a street reservation between Lone Oak Road businesses
off of Vermont St. (unimproved) and subject property.
Lone Oak/Hendron Acreage @ 4868 Old Mayfield Rd. Adjacent to Dollar General Store
± 7.9 Acres at this Location Sold Together as a Package
Lone Oak/Hendron Acreage Directions: From I-24 Exit 7 & US-45/Lone Oak Road take US-45
S/Lone Oak Rd. ± 0.5 miles (passing McDonald's on the left in ± 0.3 mi) turn left at the light
onto Bleich Rd. beside C-Plant Credit Union. Proceed ± 1.8 miles passing Lake Forest Subdivision
on right arriving at subject property @ Bleich Road and Old Mayfield road intersection. Signs posted.
This property offers a country setting/recreational appeal as well as an excellent location. Not
situated in town but still in close proximity to all necessities making this property worth a look.
This 7.9 acres tract contains electrical transmission lines (easement) through the center of property
but retains two buildable wooded sites for business, home, garage, etc. on opposite sides of the property. Water & gas is available, but no municipal sewer. The property is zoned commercial. The purpose of this zone is to provide an area for commercial activity.
A. Principal permitted uses.
1. Any use allowed in the AG, RR, or UR zone excluding residential subdivisions
2. Automobile sales and service
3. Banking and financial services
4. Boat sales and service
5. Commercial Storage
6. Eating establishments
7. Funeral home
8. Hotels and Bed and Breakfast Inns
9. Mobile and Manufactured home sales
10. Personal services
11. Places of assembly
12. Professional offices
13. Retail establishments
14. Theater
15. Trade, Business, or art schools
16. Multi-family dwellings with a maximum density of 2,000 square feet per unit.
17. Other similar uses as approved by the Planning Commission following a public hearing
Lone Oak Homesite Located Behind Lone Oak Middle School
Lone Oak Homesite Directions: From I-24 Exit 7 and US-45/Lone Oak Road head southwest
on US-45 S/Lone Oak Rd (passing McDonald's on the left in 0.3 mi) ± 1.3 miles, turn right onto
John E. Robinson Ave. Proceed ± 0.2 miles turning left onto Delaware St. Continue ± 236 ft. and
turn right onto Columbus St. Proceed 0.2 miles arriving at property on right. Signs posted.
Lone Oak Homesite contains ± 17,559.5 sq. ft. and is situated within walking distance of Lone Oak
Middle & Intermediate Schools, Hank Bros., CVS, Dairyette Plus, Parker’s Drive-In & more!
The lot dimensions are ± 101.50’ X ± 173.00’. All utilities are present. Zoned UR permitted uses
consist of but not limited to the following: Single-family dwellings, two-family dwellings, duplexes
and town homes, mobile homes, some home-based businesses, multi-family dwellings, etc.
Conditional uses subject to approval are Bed and Breakfast Inns, commercial storage, etc.
Terms of Auction
Real Estate: 15% good faith deposit due day of sale. Balance due in 45 days. 10% buyer premium added to final bid and included in the total contract price.
Procedure: Initial procedure determined by auctioneer.
Title: Fee Simple Absolute title delivered.
Deed: Seller will provide a Warranty Deed.
Purchase Agreement: Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.
Possession: Possession given at closing.
Restrictions: Any recorded restrictions (if any) and zoning regulations apply.
Easements: Sale of property is subject to any and all easements of record.
Absence of Warranties & Disclaimers: All information contained herein and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
4 DIFFERENT PROPERTIES SOLD SIMULTANEOUSLY ON SAME DAY!
ATTN: DEVELOPERS, HOME BUILDERS, CONTRACTORS, LAND INVESTORS!
SELLING 4 SEPARATE TRACTS OF LAND
THIS IS A MUST ATTEND EVENT!
ALL LOCATED IN THE CITY OF PADUCAH & LONE OAK COMMUNITY!
ALL 4 PROPERTIES WILL BE AUCTIONED OFF-SITE @ 10:00 A.M. FROM
THE COMMONWEALTH EVENT CENTER
@ 5955 US-60 PADUCAH, KY 42001
(LOCATED ± 1.4 MILES WEST OF KY. OAKS MALL)
HIGHLIGHTS OF ALL 4 LOCATIONS:
- PADUCAH SUBDIVISION: BROWER PARK SUBDIVISION: ± 14.7 ACRES ¼ MILE WEST OF KROGER HANNAN PLAZA OFF OF US-62 IN PADUCAH, KY. ALL UTILITIES AVAILABLE, CITY SEWER ON PROPERTY. DEDICATED UNIMPROVED ROADS THROUGHOUT PROPERTY. ZONED R-1. ENGINEERED PLAT ON WEBSITE.
- LONE OAK ACREAGE: ± 7.964 ACRES ZONED R-2 IN THE HEART OF LONE OAK, KY. ALL UTILITIES AVAILABLE. CURRENT LOCATION ACCESS IS OFF OF PETTER ST. & RIDGEVIEW ST. BEHIND LONE OAK MCDONALD’S RESTAURANT. THERE ARE 2 ADDITIONAL STREET RESERVES THAT ARE UNIMPROVED
- LONE OAK/HENDRON ACREAGE: ± 7.9 RECREATIONAL ACRES IN HENDRON/LONE OAK, KY. ADDRESS IS 4868 OLD MAYFIELD RD. PADUCAH, KY 42003. 2 BUILDABLE SITES ON PROPERTY. WATER & GAS AVAILABLE, NO MUNICIPAL SEWER. ZONED COMMERCIAL.
- LONE OAK HOMESITE: ± 17,559.5 SQ. FT. HOMESITE NEAR LONE OAK SCHOOLS. LOT SIZE IS ± 101.50’ X ± 173.00’. ZONED UR. ALL UTILITIES PRESENT. LOCATION IS COLUMBUS AVENUE BEHIND LONE OAK MIDDLE SCHOOL.
Broker co-op with David Nelson & Ronnie Dexter of Purchase Realty Group.
When: Saturday, February 27th 2021 @ 10 A.M.
Auction Held Off-Site:
Where: All 4 properties will be auctioned off-site from Paducah’s Commonwealth Event Center
Located @ 5955 US-60 Paducah, Ky. 42001.
Note: This auction has something for everyone! All of the subject properties offered are in close proximity to I-24, shopping & dining facilities, pharmacies, hospitals, schools, churches and more!
Paducah Subdivision Zoned R1 on US-60/Alben Barkley Dr. Brower Park Subdivision Plus 2 Adjacent Tracts Totaling ± 14.7 Acres All ± 14.7 Acres at this Location Sold Together as a Package Behind Kroger Hannan Plaza
Brower Park Subdivision Directions: From I-24 Exit 7 & US-62 take US-62 East ± 0.5
miles arriving at property on right. From US-62 & Lone Oak Road intersection at
Kroger take US-62 ± 0.4 miles arriving at subject property on left. Signs posted.
Brower Park Subdivision contains ± 14.7 total acres including Brower Park Subdivision/adjoining lot that was purchased to increase the size of Brower Park plus an additional ± 0.65 acre adjacent tract that fronts Alben Barkley Drive that will give you access to Brower Park. This location has 2 private ingress & egresses off Alben Barkley Drive with dedicated unimproved roads throughout subdivision. These outstanding properties are situated behind Kroger Hannan Plaza between US-62 Alben Barkley Drive (Blandville Rd.) and Lone Oak Rd. This property is undeveloped and mostly wooded with an engineered drawing in place. Green broken lines on the engineered drawing represent current municipal sewers, blue broken lines represent municipal water with fire hydrants referenced. All other utilities available. Zoned R-1 low density single family and two family dwellings with no more than 2 attached units permissible, as well as parks, playgrounds or community centers owned and operated by governmental agencies. This outstanding location is a hidden gem & is ready for development.
Lone Oak Acreage Zoned R2 Situated Behind Backyard Burgers,
5 Star & McDonald’s on Lone Oak Rd.
± 7.964 Acres at this Location Sold Together as a Package
Lone Oak Acreage Directions: There Are 2 Different Routes & Entrances to Subject Property:
1st Route: From I-24 Exit 7 & US-45/Lone Oak road intersection take US- 45 S/Lone Oak Rd
Southwest ± 0.1 mile turning left onto Nolan Drive, proceeding ± 0.3 miles turning
right onto Olympia Avenue and continuing ± 0.1 mile turning right onto Petter Ave.
Signs Posted.
2nd Route: From same starting point head southwest on US-45 S/Lone Oak Rd ± 0.5 miles
(passing McDonald's on the left in ± 0.3 mi) turn left onto Bleich Rd. at the light beside
C-Plant Credit Union & proceed ± 0.6 miles, turn left onto Elmdale Rd. ± 0.1 mile, turn left onto Ridgewood St. proceed ± 0.2 miles. Ridgewood St. turns right and becomes Topeka Ave.
continue 0.1 mile, turn left onto Vermont St. proceed ± 0.1 mile. Vermont St. turns left and
becomes Olympia Ave. Continue ± 0.1 mile arriving at Petter Ave.
Important Note: Continue on Olympia and you will arrive at Ridgeview St. This is the second
access road to subject property. Both Petter Ave. & Ridgeview St. are non-through streets but do
adjoin subject property. Signs posted. Lone Oak Acreage: This attractive parcel situated right
in the middle of Lone Oak contains ± 7.964 acres. All utilities are available. This is a must attend
event! Outstanding locations such as this one in the heart of Lone Oak do not become available
often. Zoned R-2 medium density permitted uses are: (1) Single-family dwellings & two-family dwellings/town houses with no more than two attached units per town house. Also parks,
playgrounds or community centers owned and operated by a governmental agency. (2) Conditionally permitted uses. The following uses are special exceptions and require written approval of the
Board of Adjustment: Daycare nurseries, home occupations, multi-family dwelling, Bed and
Breakfast & Places of Worship. There is a street reservation between Lone Oak Road businesses
off of Vermont St. (unimproved) and subject property.
Lone Oak/Hendron Acreage @ 4868 Old Mayfield Rd. Adjacent to Dollar General Store
± 7.9 Acres at this Location Sold Together as a Package
Lone Oak/Hendron Acreage Directions: From I-24 Exit 7 & US-45/Lone Oak Road take US-45
S/Lone Oak Rd. ± 0.5 miles (passing McDonald's on the left in ± 0.3 mi) turn left at the light
onto Bleich Rd. beside C-Plant Credit Union. Proceed ± 1.8 miles passing Lake Forest Subdivision
on right arriving at subject property @ Bleich Road and Old Mayfield road intersection. Signs posted.
This property offers a country setting/recreational appeal as well as an excellent location. Not
situated in town but still in close proximity to all necessities making this property worth a look.
This 7.9 acres tract contains electrical transmission lines (easement) through the center of property
but retains two buildable wooded sites for business, home, garage, etc. on opposite sides of the property. Water & gas is available, but no municipal sewer. The property is zoned commercial. The purpose of this zone is to provide an area for commercial activity.
A. Principal permitted uses.
1. Any use allowed in the AG, RR, or UR zone excluding residential subdivisions
2. Automobile sales and service
3. Banking and financial services
4. Boat sales and service
5. Commercial Storage
6. Eating establishments
7. Funeral home
8. Hotels and Bed and Breakfast Inns
9. Mobile and Manufactured home sales
10. Personal services
11. Places of assembly
12. Professional offices
13. Retail establishments
14. Theater
15. Trade, Business, or art schools
16. Multi-family dwellings with a maximum density of 2,000 square feet per unit.
17. Other similar uses as approved by the Planning Commission following a public hearing
Lone Oak Homesite Located Behind Lone Oak Middle School
Lone Oak Homesite Directions: From I-24 Exit 7 and US-45/Lone Oak Road head southwest
on US-45 S/Lone Oak Rd (passing McDonald's on the left in 0.3 mi) ± 1.3 miles, turn right onto
John E. Robinson Ave. Proceed ± 0.2 miles turning left onto Delaware St. Continue ± 236 ft. and
turn right onto Columbus St. Proceed 0.2 miles arriving at property on right. Signs posted.
Lone Oak Homesite contains ± 17,559.5 sq. ft. and is situated within walking distance of Lone Oak
Middle & Intermediate Schools, Hank Bros., CVS, Dairyette Plus, Parker’s Drive-In & more!
The lot dimensions are ± 101.50’ X ± 173.00’. All utilities are present. Zoned UR permitted uses
consist of but not limited to the following: Single-family dwellings, two-family dwellings, duplexes
and town homes, mobile homes, some home-based businesses, multi-family dwellings, etc.
Conditional uses subject to approval are Bed and Breakfast Inns, commercial storage, etc.
Terms of Auction
Real Estate: 15% good faith deposit due day of sale. Balance due in 45 days. 10% buyer premium added to final bid and included in the total contract price.
Procedure: Initial procedure determined by auctioneer.
Title: Fee Simple Absolute title delivered.
Deed: Seller will provide a Warranty Deed.
Purchase Agreement: Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.
Possession: Possession given at closing.
Restrictions: Any recorded restrictions (if any) and zoning regulations apply.
Easements: Sale of property is subject to any and all easements of record.
Absence of Warranties & Disclaimers: All information contained herein and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
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