Description |
Lot # 22
Real Property
805 South Access Road
Clyde TX 79510
**Per current lease, the Lessee has right of first refusal when bidding is closed**
Structure on this property have the following dimensions:
Building foot print measurement:
Main Building- 36ft x 123 ft. approximately 4,428 sq. ft.
A new survey has recently been completed and will be provided.
0.640 acre parcel
This property comes with a contracted leasing agreement for the Subway currently located on said property. For more information on the lease to this property please contact us at 325-677-3555.
2 rentable spaces available within the building for possible business leases to the future buyer/bidder.
Being 0.640 of an acre tract out of a 1.79 acre tract out of the Northwest 1/4 Section 75, B.B.B. & C. R.R. Company Lands, Callahan County, Texas, said 1.79 acre tract described in deed to David Self, dated October 28, 1994, described in Volume 32, Page 318, Official Public Records, Callahan County, Texas, and said 0.640 of an acre being more thoroughly described as follows:
Beginning at a to a set 3/8" rebar with a cap, marked "ESTES 5003", on th South right of way line of Interstate Highway 20, for the Northeast corner of a 0.873 acre tract, surveyed this same date, and the Northwest corner of this tract form with the Northwest corner of Section 75 bears N82°38'33"W 425.48' and N00°42'33"E 1733.55';
Thence S82°38'33"E, along the South right of way line of said Interstate Highway 20, a distance of 141.21' to to a set 3/8" rebar with a cap, marked "ESTES 5003", for the Northwest corner of a 1.306 acre tract, surveyed this same date, and the Northeast corner of this tract;
Thence S00°57'21"W a distance of 215.46' to a set 3/8" rebar with a cap, marked "ESTES 5003", for the Southeast corner of this tract;
Thence N88°55'21"W a distance of 125.41' to a set 3/8" rebar with a cap, marked "ESTES 5003", for the southeast corner of said 0.873 acre tract and the Southwest corner of this tract;
Thence N00°58'44"E a distance of 229.25' to the point of beginning, containing 0.640 of an acre of land, more or less
Clyde Area Callahan County Real Estate Auction features both residential and commercial properties throughout Callahan County as well as items located within Clyde, Tx.
***ALL PROPERTIES ARE BEING SOLD FREE OF LIENS AND ENCUMBRANCES***
***PLEASE READ FULL AUCTION DESCRIPTION BEFORE BIDDING:
REAL ESTATE TERMS AND CONDITIONS- Real Estate contained in this auction will have a buyer's premium in accordance to purchase price (please reference the tiered buyer's premium grid below). Upon auction close 10% of purchase price must be presented by cash, check, money order, or wire transfer no later than Wednesday January 16, 2019 at 5:00 p.m. to C.M. Company Auctions. Remainder of auction cost must be fulfilled at closing. Closing of property will be at Title Office of buyer's choosing within 30 days of auction close. Closing must be fulfilled no later than February 14, 2019 at 5:00 p.m.
**All Real Estate is sold AS-IS, bidder is responsible for any inspections before bidding. There will be NO refunds, exchanges or returns once auction closes.
Real Estate Buyer's Premium:
$.01-$10,000- 20% of Final Bid
$10,000.01-$25,000- 15% of Final Bid
$25,000.01-$100,000- 10% of Final Bid
$100,000.01-$999,999- 5% of Final Bid
Lot 25- Lot 189 have a 20% buyer's premium that will be added to the winning bid. All items MUST be removed from location no later than January 18, 2019 by 5:00 p.m. Failure to remove items by the above date will result in forfeiture of both payment and purchased items.
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