Commercial Properties Real Estate Auctions in IOWA - Live and Online Sales

HOG CONFINEMENT BUILDING SITE @ AUCTION - ONLINE ONLY BIDDING BEGINS July 17, 2024 BIDDING CLOSES July 24, 2024 @ 12PM Near Paullina, IA OPEN HOUSE: Wednesday, July 17 from 5-6 PM 5415 450TH ST, PAULLINA IA 51046 From Paullina, IA go 2 miles west on Hwy 10 and 1 mile north on Pierce Ave. Gary Frodermann General Description: Selling will be a 10 +/- acre site consisting of confinement buildings, office building, 2 earthen lagoons, bulk bins, storage building and more. See map for building identification: Building 1: confinement built in 1972 (22'x84'). Building 2: addition to confinement building built in 1981 (40'x40'). Building 3: main office building built in 2002 (32'x28') with additional covered area that needs finishing. The main office has 2 walk-through bathrooms (men's-2 showers / women's-1 shower), office area with kitchenette, bonus room and additional bathroom. All appliances included (fridge, microwave, Marathon hot water heater, washer and dryer). Building 4: confinement built in 1972 (30'x218'). Building 5: confinement built in 1977 (37'x175'). Building 6: confinement built in 1972 (40'x189'). Building 7: addition to confinement building built in 1983 (42'x60'). Building 8: unloading pen. Building 9: isolation building built in 2002 (21'x64'). All confinements have been updated with new tin insulation and electrical in the last 6 years. The main buildings are serviced by an enclosed walk-through. The property has a feeder room, working room, med room, pit fans, some updated controllers, newer gating, some newer risers and flooring, and many stainless feeders. The drainage was updated on buildings 1, 2 and 4. There are 5 bulk bins, 4) 1,000-gal propane tanks, a storage shed, and a generator with recent work done (approx. $3,000). The seller was planning to build a residence so there are 2 septic tanks for this potential. Any costs associated with septic work will be the buyers responsibility. The property is serviced by REC electric and currently has a security system. Buyer may keep security system. This property has lots to offer- it has been utilized throughout the years for gestation, nursery, farrowing, finishing and even calf feeding. Real Estate Taxes: The estimated net real estate taxes are $1,236 per year. The taxes will be pro-rated to the buyer as of the date of possession based on the current taxes. Method of Sale: Bidding via online only auction with bid price on the entire 10 acre +/- confinement site. Brief Legal Description: North 480' of west 907.5' in Section 5-94-41, O'Brien County, Iowa. Property contains 10 acres +/-. Exact legal will be according to the abstract. Real Estate Terms: 10% down payment upon close of auction and notification of successful bidder on July 24, 2024. Balance will be due at closing, on or before August 28, 2024. The abstract will be continued to date. Seller guarantees a clear and marketable title on the property. Real Estate Possession: August 28, 2024. Auction Company Note: This is a must see opportunity! Check out this great hog confinement building site with earthen lagoons near Paullina, Iowa. This property has much to offer! This property has been utilized throughout the years for gestation, nursery, farrowing, finishing and even calf feeding. This will be an 'ONLINE ONLY AUCTION'! This method offers you the opportunity to bid at your convenience any time of the day or night. Go to our website: www.vw72.com for instructions on how to register and bid. There will be a 3% buyers premium on the real estate. If you have any questions regarding the online bidding, please give us a call at 712-729-3264. There will be an open house on Wednesday, July 17 from 5-6 PM. Thanks for your interest, have fun bidding and please call if we can assist you in any way! Todd, Rich, Shannon and Levi Terms: This property is being sold "as-is" "where-is". Information contained within this advertising was received from sources deemed to be reliable; however, no warranties are provided by the auction company regarding these. All prospective bidders are encouraged to take whatever steps necessary to satisfy themselves regarding the sizes, condition, real estate taxes and all other information provided in this advertisement. There are no warranties expressed or implied by the auction company or auctioneers. The auction company represents the SELLERS in this transaction. Seller reserves the right to reject any or all bids. Additional terms and conditions are posted on line. Not responsible for accidents. Potential bidders must agree to these terms and conditions prior to registering and bidding. Bidding means you agree to our terms and conditions. Online announcements will supersede any written advertising information. Vander Werff & Associates, Inc Sanborn, IA 51248 www.vw72.com Are you looking to sell give one our expert auctioneers a call today! 712-729-3264 Todd Hattermann 712-348-0111 Rich Vander Werff 712-261-0298 Shannon Rydberg 850-712-7041 Levi Mouw 712-441-6898