Bankruptcy Sale - 2.3 Commercial Acres

>Real Estate Auction in

30 Wednesday
January 30th, 2019 5:00 PM

Bankruptcy Sale - 2.3 Commercial Acres

>Real Estate Auction in

Wednesday at - 30th January , 2019

Notes

Buyers premium: 10% Buyers Premium based on the high bid.
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: $25,000 cashier's check required in order to bid. Total deposit of 10% within 24 hours of bid closing.
Broker Coop: 2.5% of the high bid will be paid to a properly registered broker at settlement.

Map

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Location has been calculated by address and may not be 100% accurate.




Auction Items For Sale

  • 2.3 Acres Development Land
  • Bluff Views of Lake Natoma/American River
  • Located just NE of the intersection of Lake Natoma Dr. and Madison Ave.
  • High traffic, high visibility location - 31,000+ cars daily
  • Zoned LC(PC) Light Commercial
  • Sacramento County Parcel Numbers:
    • 223-0123-004 - 1.48 Acres
    • 223-0123-005 - 0.18 Acres*
    • 223-0290-024 - 0.64 Acres
    • *Per Sacramento County, this parcel number is newly created and does not yet show up on the tax rolls

Minimum Bid - $700,000