FORECLOSURE AUCTION – April 20, 2017 at 11:00am - Minimum Bid $580,000

FORECLOSURE AUCTION – April 20, 2017 at 11:00am – Auction held at the Lee County Courthouse door, 1400 S Horner Blvd, Sanford, NC 27330 – Property is commonly known as 2018 Boone Trail Road, Sanford, North Carolina 27330 and further referred to Parcel Number 9634-35-9580-00.  The minimum bid at the auction for this property is only $580,000!

FORECLOSURE AUCTION – April 20, 2017 at 11:00am – Auction held at the Lee County Courthouse door, 1400 S Horner Blvd, Sanford, NC 27330 at 11:00am, on April 20, 2017 – Property is commonly known as 2018 Boone Trail Road, Sanford, North Carolina 27330 and further referred to Parcel Number 9634-35-9580-00.  The minimum bid at the auction for this property is only $580,000! 

 

According to a third party report, this property is a one-story, 145,410 SF warehouse building built in 1991 and situated on 12.349 acres.  The property has a Light Industrial (LI) District zoning designation.  Water and sewer services are provided by the City of Sanford.  Only 2% of the building is office space.   Additional features include a concrete foundation, masonry block and steel structural frame, block exterior walls, 28’ to 30’ clear height in feet, 45’ x 45’ column spacing in feet, four (4) dock height loading doors, eight (8) drive-in doors, electric HVAC and a wet sprinkler system.  Sanford is conveniently located approximately one hour from Greensboro, Raleigh and Fayetteville, making it a strategically positioned manufacturing and distribution hub.  All information is deemed reliable but not guaranteed.  Please refer to the attached foreclosure Notice of Sale that was filed in Lee County case number 16 SP 235 on February 15, 2017.  Notice of Sale contains complete terms and conditions of sale, including but not limited to 6% buyer’s premium.  Property is being offered and sold “AS IS, WHERE IS.

 

We do not have access to the property.  Please do not disturb the occupants. 

 

2% Broker Cooperation offered, subject to auctioneer’s terms, including prior written registration of a broker’s buyer.

 

This auction is being marketed and conducted by Auction Markets, LLC,

 

Tax Assessment:  $2,958,400

 

Location

For terms and conditions, please contact Stephen Karbelk at 571-481-1037.

 

Thank you!