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13.4± Acres Graded Site Selling Online Only

Auction starts 10/18/2018 @ 1:00 PM EST
Auction Type: online

Description

1192 Tram Rd (east side of I-95), Townsend GA 31331  (McIntosh County)

Bidding Opens: Thursday, October 11 at 1:00 PM ET

Bid Deadline: Thursday, October 18 at 1:00 PM ET

Sale Manager: Austin McRoberts 404-408-5222 or Austin@AMCbid.com or Jeb Howell 770-841-9924 or jeb@AMCbid.com

The 13.4± acre property is a graded site with 1,346± feet frontage on the east side of I-95 right of way just south of the 63 Mile Marker and has been used as a fire truck sales yard. The yard and firetrucks are clearly visible from both directions of I-95. There is a power pole with power box on the site, and the yard can be illuminated at night with lights. Approximately 2± acres of the site is underlain by #57 stone but the entire site is higher than surrounding grade and suitable for truck use. There is a septic tank on the site. There are two outparcels with a 30’ maximum depth along the I-95 R/O/W owned by the sign company with elevated highway signs, and 20’ access easements along the edge of the I-95 R/O/W. The property is zoned I-R Industrial Restricted.

Seller is willing to execute a lease agreement with buyer to lease back the land for an annual lease equal to 6% of the Winning Bid, payable monthly. For example, if Winning Bid is $100,000 (Purchase Price $110,000), Seller/ Lessor would lease back the yard for $6,000 per year ($500 per month). Lease term would be one year.  Seller/ lessor to pay property tax and maintenance on the land. Seller will pay for attorney to draft lease agreement.

 

To access from north, I-95 exit 67, go 4.5 miles south to right on Tram Road. From the south, I-95 exit 58 north, right onto Hwy 99, 8/10 of a mile and then left on US 17, 4.8 miles to left on Tram Road. Take left fork to stay on Tram Road past machine shop buildings and wooded area back to cleared site.

 

McIntosh County Tax Parcel #0046 0036003
2017 Taxes: $797.22


 

Terms:  Bank Proof of Funds Required to Bid, 10% Buyer’s Premium added to winning bid to determine sale price, 20% Earnest Money Deposit, close by November 16, 2018.

Auctioneer is not responsible for bidding errors caused by internet outages, bid platform failures, or power failures.

 

AMC GAL# 2503

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