Real Estate Auction for 30.81± Acre Commercial Site

Rock Hill, SC


Auction Postponed Pending Survey & Subdivision

Call 803-366-3535 for details. 

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 10/21/20 at 12:00 PM EDT
Location: 5087 Old York Rd, Rock Hill, SC 29732

Real Estate Auction for 30.81± Acre Commercial Site

Live On-Site with Online Bidding: Wednesday, October 21st at 12pm

www.TheLigonCompany.com

5087 Old York Rd, Rock Hill, SC: Land development opportunity in rapidly growing area of York County, SC. Prime location for future development on Hwy 161. Excellent visibility with 640± ft frontage and high traffic, 35,700 ADT. This property consists of 30.81± zoned LC, surrounded by neighborhoods with new developments underway, as well as commercial sites under construction. Property can be subdivided. Zoned LC. Contact listing agent for details. Accepting Pre-Auction Offers, Broker Participation Offered

 

Directions: I 77 S to exit 82C, Merge right onto SC-161/Celanese Rd, Continue to follow SC-161 past Walmart. Destination will be on your left, just before Impact Church.

 

T. Randolph Ligon, CAI, CES, BAS | 803-366-3535

Bill Hargrove | 803-242-4935

or visit www.TheLigonCompany.com

SCAL1716 SCRL17640 SCAFL4120

NCAL8951 NCRL183864 NCAFL10066 NCRFL28666

AUCTION TERMS & CONDITONS: REAL ESTATE

1. 1. Property/Time/Place: This auction is for property at 5087 Old York Rd, Rock Hill, SC, consisting of 30.8± acres and identified as York County Parcel # 5420701016. The auction will be held live on-site with online bidding available, Wednesday, October 21st at 12 PM.

2. Property Inspection & Disclaimer: It is the Purchaser’s sole responsibility to perform his own due diligence, including verification of all property information and public records. Information presented herein and in any advertisement or other promotional items, while gathered from sources believed to be reliable, are not warranted or guaranteed by Auctioneer T, Randolph Ligon, nor the seller. Personal inspection and verification of any and all items is the responsibility of the bidder. The property is offered “AS IS” and no warranty or guarantee of value, condition, suitability or fitness for a particular use or purpose is expressed or implied. By placing a bid, Bidder waives all rights to further inspections, including lead based paint inspections.

3. Property Disclosure: The property is selling subject to the rights-of-way and easements of record.

4. Bidder Registration: While there is no obligation to bid, you must register to bid, by showing proper credentials.

5. Buyer’s Premium: A five percent (5%) Buyer’s Premium will be added to the final bid price and included in the total contract price. Buyer’s Premium does not imply an agency relationship between Auctioneer and Bidder/Buyer.

6. Reserves: This property is being sold subject to seller confirmation, meaning the seller has up to 7 days to accept or reject the high bid. This Property has a Reserve Price, meaning the seller has established an unpublished, minimum selling price. The starting bid is not the reserve price. In order to win the Auction a bidder must meet or exceed the reserve price and have the highest bid. If no bidders meet the reserve price then the seller is under no obligation to sell the property but may do so at their discretion. Auctioneer reserves the right to bid on behalf of the Seller, up to the reserve price. The reserve price is confidential and may not be disclosed.

7. Purchase Contract: Once the high bidder is determined, and the bidding is closed by the Auctioneer, the high bidder will be required to sign the Purchase Contract for the amount of the high bid plus the 5% Buyer’s Premium which totals the contract price. Other documents may also require signature. Seller will have 7 business days to accept or reject the contract.

8. Deposit: In addition to signing the contract, the high bidder will be required to pay, in US funds, a down payment of $100,000. All down payments are non-refundable and will be held in the auctioneers trust account. Down payments will be credited toward the purchase price at closing. Acceptable forms of payment are bank wire or cashier’s check. Personal or company checks may be accepted, at the discretion of the auctioneer. A bank letter of guarantee may be required for personal or company checks. Online bidders who fail to return the deposit and signed contract within 48 hours of the conclusion of the auction will have a $2500.00 service fee charge to the credit card used at registration.

9. Contingencies: There are none. Bidder understands and agrees that the sale is not contingent upon financing, appraisals, further inspections, survey, third party approval, or the like. You are bidding to buy the property AS IS with NO CONTINGENCIES WHATSOEVER.

10. Closing: Closing will take place within 30 days. All closing costs will be paid by the Buyer, including title search, deed preparation, documentary stamps, recording fees, attorney fees, etc. Property taxes will be prorated to the day of closing.

11. Survey: The property is being sold subject to deed description and plats of record. Any required additional survey will be the responsibility of the Buyer.

12. Title Insurance, if desired, will be purchased by the Buyer.

13. Agency Disclosure: Auctioneer T, Randolph Ligon is acting exclusively as an agent for the Seller. The Auctioneer is not acting in any way as an agent for the Bidder/Buyer. Auctioneer is not a Dual Agent.

14. Equal Opportunity: All bidding is open to the public. The property is available to all qualified purchasers without regard to race, color, religion, familial status, national origin, or handicap/disability.

15. Miscellaneous: All decisions of the auctioneer are final as to methods of bidding, disputes among bidders, acceptable bidding increments and other matters that may arise before, during, or after the auction sale day announcements take precedence over any prior statements, printed material or advertising.

Bidders Acknowledgement: I have received a copy of these terms and conditions understand them and agree to abide by them. I have received a copy of the agency disclosure brochure and understand that the auctioneer is the agent of the seller, and only the seller. I agree to the terms and conditions stated herein. Should I become the high bidder, I will sign the Purchase Contract and other documents as may be required. This document will become part of the non-contingent contract of sale to purchase the property described herein.

Signature:                                                                

DL #:                                                                       

Name and Address:

                                                                               

                                                                               

                                                                               

BIDDER NUMBER:                                                      

HIGH BID:                                                                

Video: Drone Video

Directions: I 77 S to exit 82C, Merge right onto SC-161/Celanese Rd, Continue to follow SC-161 past Walmart. Destination will be on your left, just before Impact Church.

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The Ligon Company

http://www.theligoncompany.com/

727 Dilworth Ln #101 Rock Hill, SC 29732

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