Iowa DOT Poster 6-6-13.indd
Peoples Company Online Auction: Thursday, June 6th, 5:00 PM Central Peoples Company is offering 5 tracts through their Online Auction Service. Properties located in Cedar Rapids, Ankeny, and Pleasant Hill. Properties are live for bidding NOW and will be until bidding closes on Thursday, June 6th at 5:00 PM. For more information on each individual tract and how to bid, visit www.PeoplesCompany.com or http://www.PeoplesCompany.com/OnlineAuctions.php. Seller: Iowa Department of Transportation
Tract 1 #11166: 430 16th Avenue SW, Cedar Rapids Commercial building and 2.15 acres m/l of commercial ground. Building is a 2 story, 7,680 sq. ft. brick office previously used by the DOT. Located on the southwest side of Cedar Rapids, with easy access to I-380. Building highlights include: 1. Masonry structure with masonry foundation and a brick exterior. 2. Roof is flat with rubber membrane surface. 3. Windows are metal, single-pane in the upper level and aluminum dual pane in the remainder of the building. 4. Paved parking area on north side of building. 5. Central air and boiler heat. Open Houses: Thursday, May 23rd 3-6 PM Sunday, May 26th 1-4 PM or by appointment
Tract 2 #11170: 19.1 Acres, Ankeny Combination of trees and open areas. Property is located within a R-1 Residential District. Property is located north of Ankeny on the west side of I-35. This site was previously used as a DOT rest area. The remaining ground was leased to the private golf course adjoining the property to the west.
Tract 3 #11167: 19.2 Acres, Pleasant Hill Nestled among residential development and located just south of Pleasant Hill. Property slopes to the west and has a great view of downtown Des Moines. Public water, sanitary sewer, gas, and electric are all potentially available to the site. Or farmed or mowed for hay. Access off of S. Shadyview Blvd.
Tract 4 #11168: 5.82 Acres, Pleasant Hill Located just south of Pleasant Hill. Sitting on top of a hill with a view of downtown Des Moines. Currently zoned R1-90 Residential. Parcel has potential to be farmed. Public water, sanitary sewer, gas, and electric are all potentially available to the site. Access is granted off of S. Shadyview Blvd.
Tract 5 #11169: 13.85 Acres, Pleasant Hill Located just south of Pleasant Hill. Owned 40 ft. access off of a hard surface road, S. Shadyview Blvd. Public water, sewer, and electric are available to the site. Currently zoned I-2 Light Industrial, however, estimated rezoning would be necessary with Residential uses being permitted.
Please go to http://www.PeoplesCompany.com/OnlineAuctions.php for information on each specific tract and to bid on this and other properties.
Closing & Possession: Balance of purchase price due on or before Friday, July 5th, 2013. If the balance due is not paid prior to that date, the 10% earnest money will be forfeited by Buyer.
Internet Terms: Winning bidder will enter into an Offer to Buy immediately upon being declared the Successful Bidder. Upon the close of the auction the winning bidder will be forwarded via email or other preferred method an Offer to Buy. A signed copy of the Offer to Buy must be received by Peoples Company (hand delivered, faxed, emailed, or mailed within 24 hours upon close of auction). A 10% earnest money payment is required upon acceptance of the Offer to Buy by certified check or wire transfer. The balance of the purchase price will be due on or before Friday, July 5th, 2013. Bidding ends at 5:00 PM Central Time on Thursday, June 6, 2013. A last minute bid will extend bidding by 5 minutes until bidding completes. If you plan to bid, please register 24 hours prior to close of auction.
Possession will be granted when the State of Iowa issues a Land Patent Deed approximately 90 days after the auction. Buyer will not receive an Abstract of Title. Should a Buyer want an Abstract of Title and / or Title Search completed, it shall be at their sole discretion, responsibility, and expense. Once all monies are received, Buyer should allow for up to 90 days for issuance of State Land Patent.
Under no circumstances shall Bidder have any kind of claim against Peoples Company or its affiliates if the Internet service fails to work correctly before or during the auction. Taxes: DOT is an exempt organization and there will be no tax proration at closing.
Matt Adams: 515-423-9235 [email protected] 12119 Stratford Drive . Clive, Iowa 50325 855-800-LAND . www.PeoplesCompany.com
This sale is subject to all easements, covenants, leases, and restrictions of record. 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. Seller reserves the right to accept or reject any and all bids. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction.
Tract 1 #11166: 430 16th Avenue SW, Cedar Rapids Commercial building and 2.15 acres m/l of commercial ground. Building is a 2 story, 7,680 sq. ft. brick office previously used by the DOT. Located on the southwest side of Cedar Rapids, with easy access to I-380. Building highlights include: 1. Masonry structure with masonry foundation and a brick exterior. 2. Roof is flat with rubber membrane surface. 3. Windows are metal, single-pane in the upper level and aluminum dual pane in the remainder of the building. 4. Paved parking area on north side of building. 5. Central air and boiler heat. Open Houses: Thursday, May 23rd 3-6 PM Sunday, May 26th 1-4 PM or by appointment
Tract 2 #11170: 19.1 Acres, Ankeny Combination of trees and open areas. Property is located within a R-1 Residential District. Property is located north of Ankeny on the west side of I-35. This site was previously used as a DOT rest area. The remaining ground was leased to the private golf course adjoining the property to the west.
Tract 3 #11167: 19.2 Acres, Pleasant Hill Nestled among residential development and located just south of Pleasant Hill. Property slopes to the west and has a great view of downtown Des Moines. Public water, sanitary sewer, gas, and electric are all potentially available to the site. Or farmed or mowed for hay. Access off of S. Shadyview Blvd.
Tract 4 #11168: 5.82 Acres, Pleasant Hill Located just south of Pleasant Hill. Sitting on top of a hill with a view of downtown Des Moines. Currently zoned R1-90 Residential. Parcel has potential to be farmed. Public water, sanitary sewer, gas, and electric are all potentially available to the site. Access is granted off of S. Shadyview Blvd.
Tract 5 #11169: 13.85 Acres, Pleasant Hill Located just south of Pleasant Hill. Owned 40 ft. access off of a hard surface road, S. Shadyview Blvd. Public water, sewer, and electric are available to the site. Currently zoned I-2 Light Industrial, however, estimated rezoning would be necessary with Residential uses being permitted.
Please go to http://www.PeoplesCompany.com/OnlineAuctions.php for information on each specific tract and to bid on this and other properties.
Closing & Possession: Balance of purchase price due on or before Friday, July 5th, 2013. If the balance due is not paid prior to that date, the 10% earnest money will be forfeited by Buyer.
Internet Terms: Winning bidder will enter into an Offer to Buy immediately upon being declared the Successful Bidder. Upon the close of the auction the winning bidder will be forwarded via email or other preferred method an Offer to Buy. A signed copy of the Offer to Buy must be received by Peoples Company (hand delivered, faxed, emailed, or mailed within 24 hours upon close of auction). A 10% earnest money payment is required upon acceptance of the Offer to Buy by certified check or wire transfer. The balance of the purchase price will be due on or before Friday, July 5th, 2013. Bidding ends at 5:00 PM Central Time on Thursday, June 6, 2013. A last minute bid will extend bidding by 5 minutes until bidding completes. If you plan to bid, please register 24 hours prior to close of auction.
Possession will be granted when the State of Iowa issues a Land Patent Deed approximately 90 days after the auction. Buyer will not receive an Abstract of Title. Should a Buyer want an Abstract of Title and / or Title Search completed, it shall be at their sole discretion, responsibility, and expense. Once all monies are received, Buyer should allow for up to 90 days for issuance of State Land Patent.
Under no circumstances shall Bidder have any kind of claim against Peoples Company or its affiliates if the Internet service fails to work correctly before or during the auction. Taxes: DOT is an exempt organization and there will be no tax proration at closing.
Matt Adams: 515-423-9235 [email protected] 12119 Stratford Drive . Clive, Iowa 50325 855-800-LAND . www.PeoplesCompany.com
This sale is subject to all easements, covenants, leases, and restrictions of record. 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. Seller reserves the right to accept or reject any and all bids. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction.
