Bidding Notice:

This farm will be sold by live auction with online bidding available for offsite bidders to participate simultaneously. Call us with questions on online bidding. When you register to bid online we will contact you directly. 515-380-1947

Auction Information
Name 170 Acres Commercial Development Sioux City Iowa
Auctioneer
Type Live Webcast Auction
Date(s) 7/16/2018 - 7/31/2018
Auction Date/Time Info
7/31/2018
Preview Date/Time Please call Jason Smith at 712-592-8965
Checkout Date/Time 7/31/2018
Location
Buyer Premium Online bidders see Terms
Description
Auction Details ADVANCE NOTICE FARM LISTING: More will be posted soon. Contact the Auctioneer Jason Smith with questions 712-592-8965 ATTENTION AGENTS: Do you have a potential buyer for this property? You can register your buyer for the auction or bid on their behalf and if your bidder is the successful bidder a co-broke is available. Contact Broker Jason Smith 712-592-8965 to learn more. Agent Comments In real estate they say "Location, Location, Location" and nothing could be truer than this Woodbury County Farm on the southeast edge of Sioux City. This property offers a rare opportunity to buy land very very close to the current development. Commercial Development in the Southern Hills and Sunnybrook area of Sioux City Iowa puts this 170 acres directly in the path of progress. Southern Hills Mall is immediately across the road from this farm and adjacent to this farm is a new commercial development featuring construction of a new Mills Fleet Farm and a brand new Hobby Lobby directly north of this farm. This developing area includes a myriad of other commercial and residential projects and many that have recently been completed. This property will be offered in 3 tracts of 26.5 Acres, 79.94 Acres, and 63.69 Acres. This offers you as a developer, farmer or investor a variety of land sizes to purchase just one or multiple tracts of land at the auction. The demographics of Sioux City and the surrounding region which lies in Iowa, Nebraska and South Dakota are conducive to investing in the area. Sioux City is a hub of commercial activity and this farm lies in the heart of the newest and most tenured retail shopping district in the entire region. Related News Stories Progress: Mill Fleet Farm Ready to Anchor New Shopping Center Sioux City Iowa and Woodbury County Iowa Demographic Info Snapshot Guide to Siouxland Demographics Demographics and Economics of Sioux City Iowa Sale Method This farm will be sold by live auction with online bidding available for offsite bidders to participate simultaneously. Call us with questions on online bidding. When you register to bid online we will contact you directly. 515-380-1947 Home Description There is no home on the property. Building Description There are no buildings on the property. Legal Description Part of the NW 1/4 of Section 16 and Part of the NE 1/4 of Section 17 in Woodbury Township, Woodbury County, IA. Possession Immediate Possession at Closing Closing September, 2018 Mineral Rights All rights owned by the seller will transfer to the buyer. Soil Productivity CSR2 47.9 Taxes $3,004 Annual Earnest Money 10% due the day of the auction to be held in trust and applied to the closing Farm Lease Leased through March 1, 2019 Terms and Conditions Identification will be required to register to bid during this auction. Video and audio recording devices will be in use during the auction which may be broadcast via the Internet or used in other places. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC or other approved holding account the proper non-refundable earnest deposit. The Seller(s) will provide a current abstract or other title conveyance instrument at their own expense unless otherwise noted. The sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases, and restrictions of record. Buyers must do their due diligence prior to bidding. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. You agree by bidding that you will enroll any CRP acres in your name upon gaining ownership or abide by continuing requires of any government programs or conservation programs on the farm or pay any necessary penalties should you choose not to. The seller reserves the right to accept or reject any and all bids. The successful bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made on auction day by the Auctioneer will take precedence over any previous material or oral statements. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve until the reserve is achieved. Bidding remotely does not guarantee anonymity. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask you to leave if your behavior is not in the best interest of the seller.
Terms and Conditions Identification will be required to register to bid during this auction. Video and audio recording devices will be in use during the auction which may be broadcast via the Internet or used in other places. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC or other approved holding account the proper non-refundable earnest deposit. The Seller(s) will provide a current abstract or other title conveyance instrument at their own expense unless otherwise noted. The sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases, and restrictions of record. Buyers must do their due diligence prior to bidding. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. You agree by bidding that you will enroll any CRP acres in your name upon gaining ownership or abide by continuing requires of any government programs or conservation programs on the farm or pay any necessary penalties should you choose not to. The seller reserves the right to accept or reject any and all bids. The successful bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made on auction day by the Auctioneer will take precedence over any previous material or oral statements. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve until the reserve is achieved. Bidding remotely does not guarantee anonymity. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask you to leave if your behavior is not in the best interest of the seller. ©2018 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warrant or guarantee any information. It is possible that information has been omitted or reported to us in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Online bidders see Terms
Payment Terms
Earnest Money 10% due the day of the auction to be held in trust and applied to the closing
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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.