Auction  Details

Proven Trust

Proven Experience

Proven Results

Type

Live On-Site Auction

Auction Dates

Starts: Sat, Oct 1, 2022 10:00AM

Description

ABSOLUTE LAND AUCTION
CONSISTING OF ± 3.435 ACRES

MCCRACKEN COUNTY * LITTLEVILLE PADUCAH
 
  • ZONED ML LIGHT INDUSTRY
  • ± 236’ OF ROAD FRONTAGE
  • WATER, SEWER, GAS
  • ZONED C-MINIMAL FLOODING
  • SURVEY PLAT AVAILABLE

ATTENTION DEVELOPERS, INVESTORS & HOME BUILDERS!

OFFERED IN 1 TRACT TO THE HIGHEST BIDDER!

Property Address: 130 Virgie Street Paducah, KY 42003

Directions from St. Paul Lutheran Church to Subject Property:
  • Drive southeast on South 21st Street ± 0.6 miles
  • Turn left onto US 60/US 62/Ohio Street & proceed ± 0.6 miles
  • Turn right onto Old Mayfield Road/KY 994 & continue ± 0.1 mile
  • Turn left onto Chester Hack Drive proceed ± 0.7 miles
  • Turn right onto Bloom Avenue proceed ± 0.5 miles
  • Turn left onto Virgie Street arriving at subject property on right. Signs posted

When: Saturday, October 1, 2022 @ 10 AM
Where: Auction held off-site at 211 S. 21st St. Paducah, KY 42003 @ St. Paul Lutheran Church Gymnasium


Consider this unimproved ± 3.435 acres in McCracken County. Utilities are present so there are many development possibilities here. Permitted zoning applications are as follows:
  • ML Light Industry
  • Commercial
  • Urbanizing Residential
  • Rural Residential
  • Agricultural
A few examples of permitted uses are manufacturing, fabrication, warehouses, animal hospital or kennel, wholesale establishments, residential dwellings, assembly buildings, commercial parking lots & garages, retail establishments, variety stores, mobile home parks, beauty & barber shops, commercial greenhouses, nursing homes, bed & breakfast, multi-family dwellings, places of worship, assisted care dwellings, & more! Please check with your local regulators on any related questions you may have pertaining to zoning & permitted uses.


Terms of Auction

Real Estate: 20% 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.

Auctioneer’s Note: Auction held off-site indoors @ 211 S 21st St. Paducah, KY 42003 @ St. Paul Lutheran Church Gymnasium. Any announcements made day of sale take precedence over printed material or any other oral statements made. Auction Company or owner is not responsible for accidents.

New Information, Corrections & Changes: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information.


 

Terms & Conditions

Terms of Auction

Real Estate: 20% 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.

Auctioneer’s Note: Auction held off-site indoors @ 211 S 21st St. Paducah, KY 42003 @ St. Paul Lutheran Church Gymnasium. Any announcements made day of sale take precedence over printed material or any other oral statements made. Auction Company or owner is not responsible for accidents.

New Information, Corrections & Changes: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information.


 

Directions

Directions from St. Paul Lutheran Church to Subject Property:
  • Drive southeast on South 21st Street ± 0.6 miles
  • Turn left onto US 60/US 62/Ohio Street & proceed ± 0.6 miles
  • Turn right onto Old Mayfield Road/KY 994 & continue ± 0.1 mile
  • Turn left onto Chester Hack Drive proceed ± 0.7 miles
  • Turn right onto Bloom Avenue proceed ± 0.5 miles
  • Turn left onto Virgie Street arriving at subject property on right. Signs posted

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