LENDER OWNED AUCTION: 44.83± Acres Development Land New Prague, MN
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Inspections
Thursday, July 6 10 am to 2 pm (CST)
Wednesday, July 26 1 pm to 5 pm (CST)
Bid Deadline
Thursday, July 27 10:00 am (CST)
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44.83 ACRES OF DEVELOPMENT LAND!
Zoned Single Family Residential & Commercial
Selling as Three Tracts or Entirety!
30.06 Acres Residential Parcel
13.43 Acres Commercial Parcel
1.34 Acres Commercial Pad Site
Located Adjacent to Raven Stream Village Subdivision, New Prague, Minnesota
PROPERTY #1:
30.06 Acres of Residential Development
Known as Outlot E within Raven Stream Village Subdivision
Naylor Avenue & 1st Street Frontage
Zoned R190: Single Family Residential District
Parcel ID: 24-1120-920 Property Taxes $ 2,048.00
PROPERTY #2:
13.43 Acres Commercial Land
Municipal Water, Sewer, Natural Gas & Electricity
Water & Sewer Utilities located on Adjacent Streets
Highway 19, 11th Avenue & 1st Street NW Frontage
Parcel ID: 24-1090-090 Property Taxes $ 8,940.00
PROPERTY #3:
1.34 Acre Commercial Pad Site located within Raven Stream Village Subdivision
Great Location and Visibility
Zoned B-2 Community Business
1st Street NW & 11th Avenue NW Frontage
Parcel ID: 24-1130-030 Property Taxes Taxes $ 1,620.00
Located in a Booming Community
Excellent Visibility off Highway 19/280th Street West
4,350 Cars/Day Traffic Count
New Single Family & Townhomes Currently Under Construction In Neighborhood
Near New School Raven Stream Elementary School
Excellent Opportunities for New Owner(s)
To review the Appraisals for this property, please complete and return this
.
ABOUT NEW PRAGUE
New Pragues motto is A Tradition of Progress and it shows. New Prague has a unique identity as a bridge between rural and suburban/metropolitan areas. According to statistics from the U.S. Census Bureau, New Pragues population grew just over 60 percent in recent years and will continue to grow into the future. Located just 45 miles southwest of Minneapolis/St. Paul and in close proximity to Interstate 35 and U.S. Highway 169, residents and businesses enjoy New Pragues small town feel, outstanding amenities and quick access to the Twin Cities.
The City of New Prague is located in two counties, Scott and Le Sueur. North of Main Street (Highway 13/19) is Scott County and on the south side is Le Sueur County. Minnesota State Highways 13, 19, and 21 are three of the main routes in New Prague.
Auction will be held at Quality Inn & Suites, 1200 First Street NE, New Prague, MN 56071.
10% Buyers Premium. Persons must show $5,000 Certified Deposit at time of registration to obtain a bidding number. $5,000 Minimum Certified Deposit due on day of Sale (per tract), with a deposit equal to 20% due within 2 business days, and balance due at closing within 30 days. The Deposit money shall become Earnest Money and is non-refundable. Attorney Mark Merchlewitz, Merchlewitz Law is overseeing the closing.
Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.
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.
Principal Auctioneer, Tyler Maas #55-145; Diane Maas, President.
Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, at the time of registration, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.
Re: LENDER OWNED AUCTION: 44.83± Acres Development Land New Prague, MN
N/A
Thursday, July 27 10:00 am (CST)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.
