DEVELOPMENT LAND Burnham, PA
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Burnham Interchange, US Route 322
Burnham, PA 17009
Inspections
Bidders are encouraged to view the property at their convenience; staff will be on-site:
Tuesday, January 16 10 am to 2 pm
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***UPDATE***
NEW OWNERS Considering Offers for all or portions of the land
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163.13 Acres of Land
Derry Heights Development Selling as One Parcel
$3.5 Million Dollars of Site Improvements to Date
Site Adjacent to PHNs New $14 Million Dollar Health Center
Burnham/Yeagertown Interchange, US-322 West
14.45 Acres Riden/Rowe Outparcels
Parcel ID: 16-1-113A & 113B
Assessed Market Value $466,766
2016 Taxes $13,086.92
Zoned C-1
Planned Development Uses: 1.15 Acre Financial Facility Site, 1.40 Acre Restaurant Site, 5.41 Acre Hotel/Restaurant Site (Approval had been given for Hampton Inn!)
3.68 Acres - McCardle Property
Parcel ID: 16-1-113C
Assessed Market Value $290,101
2016 Taxes: $8,133.66
Zoned C-1: General Commercial District including Agriculture, Automobile, Retail, Bank, Service Establishments, Restaurants
Lewiston Water Derry Township Sewer
145.00 Acres Rothermel Property-Northern, Middle & Southern Tracts
Parcel ID: 16-4-105
Assessed Market Value $816,669
2016 Taxes $22,897.16
Northern Tract is 67.9 Acres less 6.07 Acres from Lot 5 Sale (Medical Complex Currently Under Construction)
Middle Tract is 30.3 Acres
Southern Tract is 46.3 Acres
Mixed Use Zoning Including: HDR/High Density Residential, R/Rural, GC/General Commercial, L1/Light Residential
Sale to be held at Mifflin County Courthouse: 20 N Wayne Street, Lewistown, PA 17044
INFRASTRUCTURE ESCROW ACCOUNT: As of September 20, 2017 this account has a balance of $621,244.43 in lieu of a surety bond providing financial security the Township. These funds are available in addition to the $391,000 ARLE Grant and proposed $586,000 ARC Grant to assist in infrastructure requirements. It is anticipated that this fund will be assigned to the Township during this transaction, and that the new buyer will work directly with Derry Township in the future regarding the remaining work.
To review additional documents regarding the proposed development, please complete and return this
.
As the successful bidder, you will be required to immediately deposit 10% of the bid with the Sheriff. Payment must be in the form of cash, certified check, or personal check payable to the Sheriff of Mifflin County cleared with the Sheriff prior to sale. Realty transfer taxes and delinquent real estate taxes are paid from the bid price. Current years real estate taxes not yet turned in to the Tax Claim Bureau are the responsibility of the purchaser. The balance of the bid is due within 30 days or the balance is subject to forfeiture.
The Sheriffs Office sells the properties as is and is not responsible for a clear title. You may want to search the records in the Prothonotarys Office and Recorder of Deeds Office or obtain professional assistance in searching titles thorough an attorney or title searcher to determine lien status.
The property is selling SUBJECT to a first mortgage payable to Somerset Trust; the payoff as of October 25, 2017 is $548,757.68 with a per diem of $146.87. The successful bidder will be accountable to pay both the Sheriff and Somerset Trust.
In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.
This auction is being conducted by Mifflin County Sheriff under Docket #157-2015 .
Re: DEVELOPMENT LAND Burnham, PA
Burnham Interchange, US Route 322
Burnham, PA 17009
To Whom It May Concern: Pursuant to your request, please sign and date this release to receive documents relating to the above noted property. The Seller did not prepare these documents and has no knowledge of their accuracy or completeness. None of the documents shall constitute a representation or warranty of any kind by Seller as to the accuracy or completeness of any information delivered. Accordingly, Seller expressly disclaims any responsibility therefor, including any consequences of any reliance by anyone on them. Please note that the documents and the information contained therein are confidential, and by acknowledging receipt, you agree to keep such information confidential and that you shall not, without the prior written consent of Seller, share any of the documents with anyone other than Potential Buyer and representatives of Potential Buyer who need such information for the purpose of evaluating the premises and who are informed of the confidential nature of the information and also agree to be bound by the terms of this confidentiality provision. By this acknowledgement, you further agree that you will return to me the originals and any copies of the materials forthwith upon demand if the contemplated transaction is not consummated. Please do not hesitate to contact our office with any questions you may have.
