ABSOLUTE LAND AUCTION

WHEN: Thursday, December 12, 2024
TIME: 6:00 PM
WHERE: HWY 45 North & HWY 1241, Hickory, KY 42051

Auction Held At Harris Auctions Facility

Click HERE to register to bid online

29 ACRES IN 5 TRACTS & COMBINATIONS!!

UNLIMITED POTENTIAL!

 

Property Overview:

This 29-acre property is being offered in 5 separate tracts and combinations, with unbeatable road frontage on Highway 45 North, KY 1241, and Poultry Drive, just outside of Mayfield. Whether you’re looking for commercial, residential, or multi-family investment opportunities, this land offers unlimited potential!

Available Tracts:

Tract 14.65 Acres

  • Perfect for a small commercial venture or residential development.
  • Road frontage on Highway 45 North & Poultry Drive.

Tract 22.73 Acres

  • Ideal for a variety of uses: retail, service-based businesses, or even a small residential build.
  • Road frontage on Poultry Drive.

Tract 34.38 Acres

  • Versatile land that can be developed for residential or commercial use.
  • Frontage on Poultry Drive & KY 1241.

Tract 46.87 Acres

  • Larger tract perfect for multi-family housing, storage facilities, or more.
  • Road frontage on both Highway 45 North and KY 1241.

Tract 510.20 Acres

  • Spacious and ideal for larger commercial developments, industrial use, or residential projects.
  • Excellent road access with frontage on Highway 45 N and KY 1241.

 

Key Features:

  • Unlimited Potential: Whether you’re seeking to develop residential homes, a commercial complex, multi-family units, or storage facilities, the possibilities are endless!
  • Strategic Location: High traffic areas on Highway 45 North and KY 1241 provide exceptional visibility and access to your investment.
  • Access to Amenities: Just outside Mayfield, the location offers proximity to local businesses, schools, and essential services.
  • Zoning & Utilities: Check with local zoning authorities for specific use restrictions, but the property is ideal for a range of commercial and residential developments.
  • Utilities: Gas, Water, Electric, & Septic Are Available! READY TO BUILD!

 

Auction Details:

  • Auction Type: Absolute – No Reserve!
  • Bidding: The property will be sold to the highest bidder, regardless of price.
  • Inspection: Property may be inspected prior to the auction.

Don’t miss your chance to own a prime piece of real estate with fantastic potential.

TERMS AND CONDITIONS

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

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 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.

We offer the option to finance your purchases through an affiliate partner. Just click the partner link to get started!
Thank you for your business!

River Valley Ag Credit Financing
Details

29 ACRES IN 5 TRACTS & COMBINATIONS!!

UNLIMITED POTENTIAL!

 

Property Overview:

This 29-acre property is being offered in 5 separate tracts and combinations, with unbeatable road frontage on Highway 45 North, KY 1241, and Poultry Drive, just outside of Mayfield. Whether you’re looking for commercial, residential, or multi-family investment opportunities, this land offers unlimited potential!

Available Tracts:

Tract 14.65 Acres

  • Perfect for a small commercial venture or residential development.
  • Road frontage on Highway 45 North & Poultry Drive.

Tract 22.73 Acres

  • Ideal for a variety of uses: retail, service-based businesses, or even a small residential build.
  • Road frontage on Poultry Drive.

Tract 34.38 Acres

  • Versatile land that can be developed for residential or commercial use.
  • Frontage on Poultry Drive & KY 1241.

Tract 46.87 Acres

  • Larger tract perfect for multi-family housing, storage facilities, or more.
  • Road frontage on both Highway 45 North and KY 1241.

Tract 510.20 Acres

  • Spacious and ideal for larger commercial developments, industrial use, or residential projects.
  • Excellent road access with frontage on Highway 45 N and KY 1241.

 

Key Features:

  • Unlimited Potential: Whether you’re seeking to develop residential homes, a commercial complex, multi-family units, or storage facilities, the possibilities are endless!
  • Strategic Location: High traffic areas on Highway 45 North and KY 1241 provide exceptional visibility and access to your investment.
  • Access to Amenities: Just outside Mayfield, the location offers proximity to local businesses, schools, and essential services.
  • Zoning & Utilities: Check with local zoning authorities for specific use restrictions, but the property is ideal for a range of commercial and residential developments.
  • Utilities: Gas, Water, Electric, & Septic Are Available! READY TO BUILD!

 

Auction Details:

  • Auction Type: Absolute – No Reserve!
  • Bidding: The property will be sold to the highest bidder, regardless of price.
  • Inspection: Property may be inspected prior to the auction.

Don’t miss your chance to own a prime piece of real estate with fantastic potential.

Terms

TERMS AND CONDITIONS

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

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 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.

Brochure
Online Bidding
Maps
Financing

We offer the option to finance your purchases through an affiliate partner. Just click the partner link to get started!
Thank you for your business!

River Valley Ag Credit Financing