Absolute Real Estate Auction

Turnkey Industrial Facility on 14± Acres

📅 Friday, November 21 at 12:00 PM
📍 1107 Old Pryorsburg Road, Mayfield, KY 42066

Auction Location: Harris Auctions Facility

Property Overview

Selling at Absolute Auction, this 33,000± sq. ft. commercial/industrial facility on 13.93 acres offers exceptional infrastructure for manufacturing, machining, fabrication, or industrial operations. Located within the Mayfield city limits, the property is move-in ready, featuring major upgrades completed in 2022, extensive crane systems, multiple overhead doors, 3-phase power, modern office space, security, and ample indoor work area and storage.

Recent Upgrades (2022)

• New metal on all metal buildings

• New roof on main brick building

• New LED lighting throughout

• Fully remodeled offices

• New HVAC unit in rear main room

• New overhead doors and openers (all but one)

Power, Systems & Utilities

• (3) 240V 3-Phase Electrical Services

• Natural Gas Service

• Security System with 14 cameras and door sensors

• WiFi in both the main brick building and large metal building

Cranes & Industrial Features

• (4) 2-Ton Overhead Bridge Cranes

• (3) 1-Ton Overhead Bridge Cranes

• (7) 1-Ton Jib Cranes

• Loading Dock

Auction Summary

This property is a turnkey industrial operation featuring cranes, power, loading, storage, upgraded offices, and 13.93 acres for expansion, parking, or yard use. Perfect for manufacturers, industrial firms, investors, or business relocation. Opportunities like this are extremely rare—selling to the highest bidder, regardless of price.

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in 1 individual tract.

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 2020 ad valorem taxes will be prorated at closing

SURVEY: The property will be sold by the deed.

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.

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