Auction 12.30 +/- ACRES Graybeal Family Farms, LLC SATURDAY, JULY 29 2023 - 10:00 A.M. PALESTINE ROAD & NEW LEBANON ROAD, CAMPBELLSVILLE, KY Located At The Intersection Of Palestine Road & New Lebanon Road. Auction Signs Posted ! The price published does NOT indicate an asking price for the property, but is an estimate required for MLS posting. The property will sell to the highest bidder at the auction. This Is A Live Real Estate Auction Conducted On Site, Saturday July 29, 2023 at 10:00 A.M. There is NO broker participation or coop offered. SUITABLE FOR MANY USES ! ALL OPEN LAND . CLOSE TO TOWN & NEAR THE NEW BY-PASS & THE PROPOSED HEARTLAND PARKWAY . 12.30 +/- ACRES - SELLING IN 5 TRACTS FROM 2.10 ACRES TO 2.90 ACRES WITH THE RIGHT RESERVED TO GROUP. BUY 1 TRACT, COMBINATION OF TRACTS OR AS A WHOLE USING OUR COMPUTER RUN MULTI - PAR SYSTEM REAL ESTATE: 12.30 +/- acres (new survey underway). All tracts front on a Private Roadway Easement with direct access off of Palestine Road and a shared entrance off of New Lebanon Road. Tracts range in size from 2.10 m/l acres to 2.90 m/l acres. This property is suitable for many uses with development potential. REAL ESTATE INSPECTION: The land can be inspected daily at your leisure. The auctioneers are available to answer questions at anytime. Your inspection is invited and appreciated. RESTRICTIONS: NO single or double wide manufactured homes. No modular homes. No trailers, campers or storage buildings used as a residence. No commercial salvage yards. No junk yards. No salvage yards. No sawmills or log yards. Any homes must be stick built - built on site only. Any homes constructed must contain a minimum of 1,500 square feet on the main above ground level excluding any garages and houses constructed being multi story must have a minimum of 1,200 square feet on the main above ground level excluding any garages. Duplexes or other multi family housing is allowed but each unit must contain 1,000 sq ft of living space on the main level. Any houses, duplexes or other housing built must have brick, stone or vinyl siding. Barn type houses are allowed with colored metal siding. If any part of a barn type house is used as a business, then 70% of the building must be used as living space. No confinement cattle / livestock feed lots or feed yards. No swine. No confinement hog, chicken, turkey, or any other type of confinement houses. All tracks shall be considered for agriculture, residential or business use. Any commercial type building built must have brick, block, vinyl or colored metal siding. Any changes will be announced at the auction. AUCTIONEER'S NOTE: If you are in the market for an acreage tract, mini farm, home site, business site or investment property, we have what may be the perfect place for you. This property sells at absolute auction, where you, the buyer, will determine the price. We invite you to look this property over before the auction, make any arrangements or inspections necessary and come prepared to BID & BUY, Saturday, July 29 at 10:00 A.M. The auction will be conducted on site. We'll see you there! There is NO broker participation or coop offered. TERMS: REAL ESTATE: 10% of purchase price day of auction (a personal check with ID, cash, or cashier check), along with the signing of a Real Estate Sales and Purchase Contract and Lead Based Paint Waiver. The balance due with delivery of deed on or before September 13, 2023. NOTE: A 10% Buyers Premium will be added to the winning bid on the real estate to determine the final sales and purchase price. ALL BUYERS NOT KNOWN BY THE AUCTIONEERS MUST HAVE A BANK LETTER OF GUARANTEE ADDRESSED TO THE AUCTIONEERS OR CERTIFIED FUNDS. NOTICE: Any announcement made by the auctioneer from the auction block on the day of sale will take precedence over any printed material.
12.30
Acres
