Live Webcast Auction
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Price Realized:
435,000.00 USD
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Price Realized 435,000.00 USD
Date Sold 2022-03-24T00:00:00
Date(s)
2/25/2022 - 3/24/2022
Bidding Notice:

Live-Online Webinar


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead 7.91 Acres off Co Rd 398, Keenesburg, CO 80643
Description
Now is your opportunity to Bid, Buy, Own this highly sought after industrial land in a growing community less than an hour from Downtown Denver. Selling Absolute: No Minimums, No Reserves will sell to the highest bidder regardless of price!! This property is a total of 7.91+/- acres of industrial land north of CR 398 across from CR 63, approximately 1.4 miles northeast of Wild Country RV Park. 1 miles southwest of the Keenesburg Gas Plant and less than .6 miles from the Plains All American Pipeline. Currently all parcels directly connected to this parcel are zoned for Agricultural, with comprehensive plan 18 currently having the entire parcel and surrounding area designated for industrial zoning/use. Currently the land is zoned Light Industrial/ Highway Commercial and has a preliminary approval to subdivide into 4 lots of 1.5 acres, 0.7 acres, and 2 of 2.25 acres. With a possible zoning change from Light Industrial to Heavy Industrial OR keep as- is. Previously under contract for $850,000 and the nearest comp pricing out at $495,000 for 1.15 acres. (Please download the Property Information Package on this site and review Chapter 16 Zoning) There are endless opportunities of "use-by-right" and other special uses on the property that include but not limited to: (Please download the Property Information Package on this site and review Chapter 16 Zoning) " Assembling and light manufacturing plants. " Automobile service stations with gasoline pumps " Carpentry and woodworking shops. " Contractor's offices and storage " Equipment rental " Heavy equipment, truck and farm implement sales and repair " Machine shops " Mini warehouses " Product distribution and storage facilities " Public and private parking lots " Recreational vehicle storage yards " Storage and warehousing facilities " Oil and gas well drilling service operations, storage yards and offices " Parking areas to service the industrial operation. " Building materials, farm and ranch materials center Reasons to Invest in Keenesburg Industrial Land Keenesburg is a growing industrial town, less than an hour from Downtown Denver, that has seen a recent surge in new housing as a result of people leaving the Denver area for more affordable housing, as well as the migration of major oil companies to this region. As interest for this area peaks, the city and county are making moves to welcome new people and help the city flourish. With all of these factors in play, Keenesburg currently has over 5500 housing units currently annexed, zoned, and approved to be built over the next 4 years. " 5,521 housing units currently annexed, zoned, and approved to be built in next 4 years within Keenesburg city limits. Oil Field " 8 miles from Weld County road 49. Oil companies have moved their yards from Brighton/ Adams county to CR 49 where their yards are bigger and they are closer to the center of the Niobara basin with friendlier county and city planners. " This has led to thousands of employees based along CR 47. " Housing is being built, but where do the service companies go? " Limited industrial zoned land available within 40 miles. " Towns have learned from the past and are concentrating industrial land. Currently according to Keenesburg, and the neighboring towns of Hudson and Wiggins future growth plans, industrial land will be limited. " What land is available for industrial is being bought up by oil field and oil field service companies " Recently built Industrial park in Fort Morgan sold out. Local area " 30% population growth in Keenesburg " Over 15% year over year population growth within 20 miles of our location over the last 2 years. " Keenesburg currently has limited availability of office and yard locations for service companies. " No office space currently available in town " Closest available Industrial property for lease is over 8 miles away " 10,000 sq ft building going for over $8.50 sq ft " Closest available industrial zoned land of a similar size is 3 miles away and currently on market at $495,000 for 1.15 acres. " Limited industrial- local companies are forced to store their equipment and supplies as far away as Brighton (20 miles 1 way)
Name Keenesburg
Auctioneer
Type Live Webcast Auction
Date(s) 2/25/2022 - 3/24/2022
Auction Date/Time Info
Live Online Webinar - Thursday, March 24th 2022
Preview Date/Time Drive by previews - or schedule an appointment
Checkout Date/Time High bid +10% buyer's premium = Final contract price 10% of final contract price due within 24 hours of being declared high bidder; 30-day closing period.
Location
Buyer Premium Buyer's Premium - 10%
Description
Now is your opportunity to Bid, Buy, Own this highly sought after industrial land in a growing community less than an hour from Downtown Denver. Selling Absolute: No Minimums, No Reserves will sell to the highest bidder regardless of price!! This property is a total of 7.91+/- acres of industrial land north of CR 398 across from CR 63, approximately 1.4 miles northeast of Wild Country RV Park. 1 miles southwest of the Keenesburg Gas Plant and less than .6 miles from the Plains All American Pipeline. Currently all parcels directly connected to this parcel are zoned for Agricultural, with comprehensive plan 18 currently having the entire parcel and surrounding area designated for industrial zoning/use. Currently the land is zoned Light Industrial/ Highway Commercial and has a preliminary approval to subdivide into 4 lots of 1.5 acres, 0.7 acres, and 2 of 2.25 acres. With a possible zoning change from Light Industrial to Heavy Industrial OR keep as- is. Previously under contract for $850,000 and the nearest comp pricing out at $495,000 for 1.15 acres. (Please download the Property Information Package on this site and review Chapter 16 Zoning) There are endless opportunities of "use-by-right" and other special uses on the property that include but not limited to: (Please download the Property Information Package on this site and review Chapter 16 Zoning) " Assembling and light manufacturing plants. " Automobile service stations with gasoline pumps " Carpentry and woodworking shops. " Contractor's offices and storage " Equipment rental " Heavy equipment, truck and farm implement sales and repair " Machine shops " Mini warehouses " Product distribution and storage facilities " Public and private parking lots " Recreational vehicle storage yards " Storage and warehousing facilities " Oil and gas well drilling service operations, storage yards and offices " Parking areas to service the industrial operation. " Building materials, farm and ranch materials center Reasons to Invest in Keenesburg Industrial Land Keenesburg is a growing industrial town, less than an hour from Downtown Denver, that has seen a recent surge in new housing as a result of people leaving the Denver area for more affordable housing, as well as the migration of major oil companies to this region. As interest for this area peaks, the city and county are making moves to welcome new people and help the city flourish. With all of these factors in play, Keenesburg currently has over 5500 housing units currently annexed, zoned, and approved to be built over the next 4 years. " 5,521 housing units currently annexed, zoned, and approved to be built in next 4 years within Keenesburg city limits. Oil Field " 8 miles from Weld County road 49. Oil companies have moved their yards from Brighton/ Adams county to CR 49 where their yards are bigger and they are closer to the center of the Niobara basin with friendlier county and city planners. " This has led to thousands of employees based along CR 47. " Housing is being built, but where do the service companies go? " Limited industrial zoned land available within 40 miles. " Towns have learned from the past and are concentrating industrial land. Currently according to Keenesburg, and the neighboring towns of Hudson and Wiggins future growth plans, industrial land will be limited. " What land is available for industrial is being bought up by oil field and oil field service companies " Recently built Industrial park in Fort Morgan sold out. Local area " 30% population growth in Keenesburg " Over 15% year over year population growth within 20 miles of our location over the last 2 years. " Keenesburg currently has limited availability of office and yard locations for service companies. " No office space currently available in town " Closest available Industrial property for lease is over 8 miles away " 10,000 sq ft building going for over $8.50 sq ft " Closest available industrial zoned land of a similar size is 3 miles away and currently on market at $495,000 for 1.15 acres. " Limited industrial- local companies are forced to store their equipment and supplies as far away as Brighton (20 miles 1 way)
Property Address: 7.91 Acres located on CR 398 and CR 63, Keenesburg, CO 80642 Absolute Auction: No Minimums, No Reserves Bidders Registration: All prospective buyers must register to bid. An initial deposit of $20,000 in the form of a cashier’s check or wire transfer payable to United Country Real Estate- Prestige Auction, LLC will be required to bid at the auction along with a signed Terms and Conditions, Property Information Package Receipt and Bidder Registration Card and Initial Bid Form. The $20,000 deposit will be immediately returned in the event the bidder is unsuccessful. (Please call for wire instructions). Registration must be completed 48 hours prior to the auction. Initial Bid: To register you are required to submit an initial bid. Once prospective buyers place initial bids and the auction company formally commences the auction, each initial bid is binding on the respective prospective buyer. Buyer’s Premium: A 10% Buyer’s Premium will be added to final bid and included in total Contract Price. Earnest Money Deposit: 10% non-refundable earnest money deposit will be due immediately after being declared the winning-bidder. The remainder of the earnest money deposit (above the initial deposit) can be paid by check or wire transfer. Wire transfers must post within 24 hours after being declared the winning-bidder. This amount will be applied to the purchase price and will be deposited in the brokers escrow account. Purchase Contract: Winning-bidder hereby agrees to enter into an Auction Buy/Sell Contract to Purchase the property immediately upon being declared the Winning-Bidder by the Auctioneer. For on-line bidders: upon the close of the auction the winning-bidder will be forwarded via email an Auction Buy/Sell Contract to Purchase the property for electronic signature. Purchase Contract must be signed and returned, along with earnest money deposit, within than 24 hours from being declared the winning-bidder or will forfeit their initial deposit. Phone and On-line Bidding: Phone and On-line bidding is available. Registration must be completed 48 hours prior to the auction. All terms will apply as if you were participating at the auction in person. Wire transfer of the $20,000 will be required. Please contact Auction Company for full details. Closing: The remaining balance of the Contract Price is due in cash or new loan at closing within 30 days of the close of the auction. A Special Warranty Deed will be supplied by the seller at the seller’s expense giving marketable title subject to restrictions of record. Taxes & Homeowner’s Association fees are pro-rated. Title insurance will be at the buyer’s expense. No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder’s ability to obtain financing and there are no financing contingencies. We encourage you to have a full written approval before bidding. The balance is due in cash or new loan at closing within 30 days. Bidder Information Package: A Package of information has been assembled for this property and may include; disclosures, title documentation, HOA Docs, surveys, inspection reports, etc. Property Previews: Public Previews are scheduled on specific dates and times. It is highly recommended that all bidders personally inspect the property prior to placing any bids in the auction. Property inspections are the sole responsibility of the bidders. Conduct of Auction: Conduct of auction and bidding increments are at the discretion of United Country Real Estate- Prestige Auction, LLC. United Country Real Estate- Prestige Auction, LLC reserves the right to deny any person admittance to the auction. Broker Participation Invited: United Country Prestige Auction is offering a 2.5% Broker CO-OP to the broker that brings the successful high bidder. Brokers must register their buyer 48 hours in advance subject to established United Country Real Estate- Prestige Auction, LLC guidelines. Contact our office for more information 877-612-8494. Disclaimer: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to bidding. All information is deemed reliable but not guaranteed- you must do your own due diligence. Disclaimer: Prospective buyer’s submission of registration documents does not constitute commencement of the auction or a guarantee that the auction for all or any of the property will occur. The auction will formally commence when the auctioneer places first bid whether live, webinar or online. Seller and/or auction company has the right to extend the auction date and/or withdrawal any or all the property prior to commencement of the auction. Seller has the right to accept or reject any offers to purchase all or any of the property prior to commencement of the auction. Upon commencement of the auction, property will sell to the highest bidder including Buyer’s Premium regardless of price.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Buyer's Premium - 10%
Payment Terms
NOTE: A $20,000 cashier’s check or wire transfer payable to United Country Real Estate- Prestige Auction, LLC will be required to bid at the auction. High Bid + 10% Buyer's Premium = Final Contract Price. 10% of contract price is due immediately upon being declared highest bidder. Payable through wire transfer. Cash or new loan due at closing within 30 days.
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Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.