TRACT 1

Lot Number:1
Start Time:12/20/2024 12:00:00 AM
Bid Count:0
Current High Bidder:
Starting Bid:$1.00/acre
Bid Increment:$1,000.00
Current Bid:$0.00/acre x 3.911 acres
3.911 acres
No donations for this lot

99 Acres with 2,355+ Feet of Tennessee River Frontage in Calvert City, KY

Located in the heart of Calvert City, this prime 99-acre property is offered in 3 tracts and combinations, with over 2,355 feet of direct frontage on the Tennessee River. The expansive land is ideally suited for commercial or industrial development, with exceptional access to river transport and potential for mooring.

Key Features:

  • Size & Layout: 99 acres, available in 3 tracts or combinations to suit various development needs.
  • River Frontage: 2,355+ feet of Tennessee River frontage, providing excellent opportunities for docking, mooring, or river-dependent industries.
  • Location: Situated within the city limits of Calvert City, offering easy access to nearby infrastructure, including highways and industrial facilities.
  • Potential Uses: Perfect for commercial or industrial development, including warehousing, manufacturing, or distribution. Ideal for businesses requiring river access for shipping and logistics.

This property’s strategic location along the Tennessee River presents a rare opportunity for development in a growing region with commercial, industrial, and transportation potential.

 

REAL ESTATE TRACTS:

Tract 1: 3.911+/- Acres

Tract 2: 50.749+/- Acres

Tract 3: 44.737+/- Acres

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in individual tracts or as a whole.

BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

CLOSING: Closing shall take place on or before 30 days from auction date.

REAL ESTATE TAXES: All 2024 ad valorem taxes will be prorated at closing

SURVEY: The property will be sold by a new survey. Buyer responsible for 50% of the cost.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

HWY 1523
CALVERY CITY, Kentucky 42029
United States