ABSOLUTE LAND AUCTION

WHEN: SATURDAY, March 7th, 2020
TIME: 10:00 AM
WHERE: 2343 Kelso Road – 2365 Wiswell Road – Butterworth Road – Hwy 94 West – Crawford Trail – Howard Road, Murray, Kentucky 42071

AUCTION HELD AT: Yates Event Center located at 2760 ST RT 121, Murray, KY 42071

Details

ABSOLUTE LAND AUCTION

Saturday, March 7th, 2020 @ 10:00 AM

PROPERTY LOCATION: 2343 Kelso Road – 2365 Wiswell Road – Butterworth Road – Hwy 94 West – Crawford Trail – Howard Road, Murray, Kentucky 42071 Signs Posted!!

OUTSTANDING HIGHLY TILLABLE MURRAY/CALLOWAY COUNTY FARMLAND!
HOME & OFFICE BUILDING! CENTER PIVOT & SUBSURFACE IRRAGATION! HEMP – TOBACCO – ROW CROP PRODUCTION – DARK FIRED TOBACCO BARNS – WAREHOUSES – EQUIPMENT SHEDS – GREEN HOUSES – EQUIPMENT SHOP FACILITY!!  686 TILLABLE ACRES BY FSA MAPS

REAL ESTATE TRACTS:

FARM #1 Butterworth Road & Hwy. 94 – Tract 1* 188.7 Acres 3 Dark Fired Tobacco Barns, Metal Shop Building, Center Pivot and Subsurface Irrigation Tract 2*  11.71 Acres Tract 3* 34.34 Acres

Farm #1 Details: (1) 14″ Well 740′ Drilled Depth, Center Pivot covers 120+/- Acres, (1) 4″ Well, 3 Phase Electric, 6″ & 8″ Subsurface Grid Irrigation W/ Butterfly Valves for Fertilization

FARM #2 102.62 Acres – 2365 Wiswell Road/Hwy. 1550– Tract 4* 3 Bedroom Brick Home on 0.66 Acre Lot Tract 5* 101.96 Acres Subsurface Irrigation, Well & 4,000 SF Metal Shop Building.

FARM #3 39.87 Acres on Crawford Trail – Tract 6* 39.87 Acres Dark Fired Tobacco Barn, Metal Storage Building, Subsurface Irrigation and Well

FARM #4  464 Acres – Hemp Operation W/126,000 SF of Building Improvements Including: Office/Warehousing/Equipment Storage/Green Houses/Dark Fired Tobacco Barns/Grain Bins/Wells. Unlimited Potential !! Tract 7* 40.99 Acres With 3,664 SF. Office Building, 4 – 7,200 SF Like New Green Houses, 6 – Dark Fired Tobacco Barns, 20,080 SF Warehouse/Shop.Office w/2 Loading Docks A Multi-Function Facility, 5,120 SF Metal Shop/Equipment Building, 6 Bay 7,500 SF Equipment Storage Facility, 3,500 SF Metal Shop, 5,600 SF Metal Shop, 2,400 SF Metal Shop, 6,000 SF Steel Frame Equipment Storage And 10,000 Bushel Grain Bin. Tract 8* 64.255 Acres Tract 9* 31.19 Acres Tract 10* 110.78 Acres Irrigation Lake & 6,000 SF Dark Fired Tobacco Barn Tract 11* 128.47 Acres Includes (1) 25,000 & (2) 30,000 Bushel Grain Bins On Howard Road. Tract 12* 88.38 Acres On Howard Road.

Farm #4 Details”: (2) 8″ Wells for Reel Irrigation for Tracts 7&12, (5) 4″ Wells, 3 Phase Electric, Greenhouses have automated irrigation & fertilization injection

FARM #5 – Tract 13* 30.697 Acres

Farm #5 Details: 4″ Well, 6″ & 8″ Subsurface Grid Irrigation W/ Butterfly Valves for Fertilization, Reel & Drip Irrigation, (1) 4″ Well

Real Estate Sells At 10:00 AM.  Auction Held At The Yates Event Center at 2760 State Route 121 North, Murray Kentucky 42071

Terms

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.