Park Auction Realty North Carolina Auctioneers


January 31st, 2017 by admin

Auction for 9.45 Acres plus 6 building lots


Auction date: THURSDAY, FEBRUARY 16 @ 3:00 PM

A first time buyer, builder, investor, or speculator, take a look at this upcoming auction.  A 9.45 acre tract and six building lots all within the city limits.  All seven (7) parcels will be placed for auction on the above referenced date and will be offered for one bid.  The starting bid will be $55,000 and the sale will be confirmed for the highest placed bid over the starting price.  The property will not be left open for any upset bid period.

Land Plat Burlington NC Building Lots Burlington NC Building Lots Burlington NC 27217

The assessed value of all 7 parcels is $181,964.00.  The total acreage is 10.75 acres.  The pin numbers for the parcels are 8875587183, 8875587110, 8875573959, 8875572934, 8875571952, 8875579912, and 8875575710 as listed in the Alamance County GIS data base.  This property and auction is listed in the Burlington Alamance County MLS under #94127.

Terms:  the sale of the real estate will include a 5 percent buyers premium.  This amount will be added to the final high bid and placed on the offer to purchase, auction sales, as the contract price.  Individual lots or acreage will not be offered separately, all parcels are combined for one auction.  The successful bidder will pay a $2,500.00, non-refundable, earnest money deposit on sale day, this amount being deducted from the contract price of the real estate.  The successful buyer must be able to close within 30 days of the auction.  No financing or other contingencies will be offered for this real estate.

Please contact Grady Park at 336-263-3957 if you have any questions regarding this sale or if you would like additional information.



Posted in Auctions, Building Lots, Real Estate, Residential Property

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