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21+ Acre Development Site
Immediate Sale Directed

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Auction

December 17, 2015 at 7:00 pm

Property Location

Frontage on Chino Road
Douglas, AZ 85607

Auction Location

Marriott Residence Inn
9 Gerhard Road
Plainview, NY 11803

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Details

Immediate Sale Directed via Public Auction

21+ Acres Adjacent to Walmart Supercenter

Prime Location Under 1 Mile from Border Crossing

Details:

  • Frontage on Chino Road & 9th Street, Douglas, Arizona 85607
  • Prime Location Across from Walmart Supercenter, JC Penny’s & Other Major Retailers
  • Local Market Benefits from Retail Trade from Mexico Cities
  • Direct Access to Existing Port of Entry (Under 1 Mile Away)
  • 19+ Acres of the Property is Adjacent to the Completed Chino Road Extension Project (Project Starts at 5th Street) – Major Project Associated with New Potential Commercial Port of Entry
  • 3 Assemblages/4 Tax Lots – Sold in Bulk Only
  • Assemblage A:
  •    8.334 Acres (363,029 Sq Ft)
  •    829′ Frontage on Chino Road Extension
  •    656′ Frontage on North Chino Road
  •    At Intersection of 5th Street
  •    Directly Across from Walmart Shopping Center
  •    Parcel Number: 408-31-025 8
  •    Annual Real Estate Taxes: $3,330.14
  • Assemblage B:
  •    11.08 Acres (482,645 Sq Ft)
  •    360′ Frontage on Chino Road (Directly North of Road Extension)
  •    At Intersection of 5th Street
  •    Directly Across from Walmart Shopping Center
  •    Parcel Numbers: 408-31-022G2 & 408-31-024 5
  •    Annual Real Estate Taxes: $6,498.48
  • Assemblage C:
  •    1.60 Acres (69,870 Sq Ft)
  •    300′ off Chino Road
  •    Across from New Tractor Supply Store
  •    Parcel Number: 408-31-026 1
  •    Annual Real Estate Taxes: $1,427.84
  • Additional Information:
  • Located Within Cochise County
  • Favorable Seller Financing Available
  • Must Close by Year-End!!!
  • $225,000 Suggested Opening Bid

Inspections/Viewings: Vacant Land – Inspect Freely.

Auction Date & Time:  Thursday, December 17th at 7:00 pm.  Registration begins at 6:00 pm.

Auction Location:  Two live bidding locations available.  Abbott Realty, 515 E 10th Street, Douglas, AZ 85607 and at the Marriott Residence Inn, 9 Gerhard Road, Plainview, NY 11803.  Online & absentee bidding available with registration at least 5 business days prior to auction, please call for details.  

Terms & Conditions of Sale: Property will be sold free & clear of all monetary liens.  In order to register to bid, all prospective bidders must present a cashier’s check in an amount of $22,500.  All funds must be made payable to “Maltz Auctions, Inc.“.  Closing must occur on or before December 31, 2015. Subject to sale prior to auction as pre-auction offers are encouraged and will be considered.  Please download the complete Terms and Conditions of Sale.

Seller Financing:  Seller shall offer a secured first mortgage to any successful bidder on the property under the following general outline of terms: 50% Minimum Down Payment (Plus Buyer’s Premium), 5% Annual Interest Rate, Monthly Interest-Only Payments, 3-Year Term, Personal Guarantee Executed by Husband & Wife.  Sample mortgage and note documents available upon request.

Buyer’s Premium:  A ten percent (10%) Buyer’s Premium will be added to the Successful Bidder’s high bid to determine the contract price to be paid by the Successful Bidder.

Buyer Broker Participation:  A two percent (2%) commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines.  Please download the Broker Participation form for details.

Abbott Realty, Ltd., Licensed Real Estate Broker
Kathy Crawford, Arizona Auctioneer

Have Questions? Get In Touch

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David R. Maltz, Auctioneer DCA# 762794
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Phone (516) 349-7022 Fax (516) 349-0105

The Real Property is being sold “AS IS” “WHERE IS”“WITH ALL FAULTS”, without any representations, covenants, guarantees or warranties of any kind or nature, and free and clear of any liens, claims, or encumbrances of whatever kind or nature, with such liens, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the Closing, and the sale of the Real Property is subject to, among other things (a) any state of facts that an accurate survey may show; (b) any covenants, restrictions and easements of record; (c) any state of facts a physical inspection may show; (d) any building or zoning ordinances or other applicable municipal regulations and violations thereof; and (e) environmental conditions. By delivering their respective Deposits, all Bidders acknowledge that they have had the opportunity to review and inspect the Real Property, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Real Property in making their bids. Neither Maltz, the Mortgagor nor any of their collective representatives makes any representations or warrantees with respect to the permissible uses of the Real Property including, but not limited to, the zoning of the Real Property.  All Bidders acknowledge that they have conducted their own due diligence in connection with the Real Property and are not relying on any information provided by Maltz, or their professionals.  The Real Property will be sold subject to any and all violations or conditions requiring corrective action.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  It is the responsibility of the Buyer and/or Buyer’s Broker to determine the accuracy of all components of the sale and Property.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Property, including without limitation, environmental and physical condition of the Property.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction.  Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.