55+/- ACRES NEAR FANCY FARM KY

Rule Shack Road & HWY 80, Mayfield KY 42066

55.93+/- ACRES IN TRACTS & COMBINATIONS

REAL ESTATE TRACTS:

Tract 1: 14.98 Acres

Tract 2: 37.99 Acres

Tract 3:  2.96 Acres

Tillable Farmland and Excellent Building Sites Along Rule Shack Road & HWY 80

Discover the perfect combination of productive farmland and prime building sites on this expansive 55.93-acre property located near the desirable Fancy Farm community in Graves County, KY. This property is ideal for farming, residential development, or investment.

Key Features:

• Location:
  Nestled in a peaceful rural area near Fancy Farm, this property offers a serene setting with easy access to both Rule Shack Road and HWY 80. Enjoy the best of both worlds—country living with convenient access to nearby communities and services.
• Tillable Farmland:
  The majority of the property consists of fertile, tillable farmland, perfect for agricultural use, whether you’re growing crops, expanding an existing farm operation, or investing in agricultural land.
• Excellent Building Sites:
  With road frontage along both Rule Shack Road and HWY 80, there are multiple prime building sites available. These sites offer the potential to build your dream home or develop residential properties in a quiet, scenic area.

Investment Highlights:

• 55.93 acres of productive farmland
• Multiple building sites with road frontage
• Peaceful location near the Fancy Farm community
• Easy access to major highways and nearby towns
• Perfect for farming, residential development, investment, or hunting

This is a rare opportunity to own a versatile piece of land in the heart of Western Kentucky, offering both agricultural and residential potential.

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in individual tracts or as a whole property.

BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

CLOSING: Closing shall take place on or before 30 days from auction date.

REAL ESTATE TAXES: All 2024 ad valorem taxes will be prorated at closing

SURVEY: The property will be sold by a new survey. Buyer will be responsible for 50% of the cost.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

Property Survey

Aerial

FSA 156EZ & Map

Brochure Coming Soon

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