Grant County, WI
117.06 Acres M/L
Highway 80/81
Platteville, WI 53818
| Price | Click to Bid Online |
| Listing | #16109 |
Property Info
Description
Legal Description
Directions
- Sign On Property: Yes
- School District: Platteville
- General Area: Southeast of Platteville, WI
- Net Taxes: $424.77
- Zoning: Agricultural
Additional Info
UTILITIES
There is currently a sanitary main along the north side of Tract 1 with additional sanitary and water lines located approximately .25 miles away from Tract 1 & 2 and .5 miles away from Tract 3. As the hospital and its related facilities continue their expansion to the west, the city plans to bring utilities further west bringing them closer to servicing these tracts. In addition, extending utility service to the south along Highway 80/81 is also a possibility. These tracts are conveniently situated in an area with multiple utility service extension options.
DEVLOPMENT OPPORTUNITY
Platteville is the largest city in Grant County with a population of 12,264 and growing. The town of Platteville was officially established in the 1820’s as a flourishing mining community and since then has continued to flourish, diversifying itself with over 150 businesses in a variety of industries.
These tracts are conveniently situated on the growing southeast side of Platteville near the Southwest Health Facilities. The property is currently partially zoned Highway Business with the remainder zoned Agricultural. The city of Platteville has slated Future Land Use of Tract 2 & 3 as Mixed Use to allow the most flexibility for the landowner/developer in the future. Mixed Use may include commercial, industrial, manufacturing, retail, office and more. Tract 1 has been slated for Low Density (Single Family) Residential and its gently rolling topography would offer an attractive variety of walkout, daylight, and standard lots overlooking the valley.
Whether you are a farmer, investor, speculator, or developer, these tracts are situated within the path of development and would make a great investment for the future.
Interactive Map
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Tracts
Description
Details
- Acres: 60.76 Acres M/L
- Parcel Number: 050-00645-0000, 271-00390-0000, 271-03112-0000, 050-00654-0000 (P)
- Net Taxes: $217.97
Downloads
Description
Details
- Acres: 6.87 Acres M/L
- Parcel Number: 271-03113-0000
- Net Taxes: $45.86
Downloads
Description
Details
- Acres: 49.43 Acres M/L
- Parcel Number: 050-00673-0000, 050-00673-0010, 050-00654-0000 (P)
- Net Taxes: $160.94
Downloads
Bid Now
Auction Details & Terms
'Absolute' Grant County Land Auction
117.06 Acres M/L
Offered in Three Tracts
Tuesday, July 12th, 2022
10:00 AM
Auction Location:
Platteville Country Club
6729 N Water Street
Platteville, WI 53818
Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/
Auction Method: All three tracts will be sold on a per-acre basis and will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, one, two, three, or all of the tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all three tracts have been purchased. Tracts will not be offered in their entirety or combined at the conclusion of the auction.
Tract 1: 60.76 Acres M/L
Tract 2: 6.87 Acres M/L
Tract 3: 49.43 Acres M/L
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.
Farm Program Information: Farm Program Information is provided by the Grant County Farm Service Agencies. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Grant County FSA and NRCS offices.
Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held at Midwest Title Company.
Closing: Closing will occur on or before Thursday, August 18th, 2022. The balance of the purchase price will be payable at closing in the form of a certified check or wire transfer. With respect to the timing of the Seller and successful Buyer in fulfilling the obligations set forth in the Real Estate Sale and Purchase Agreement, time is of the essence.
Possession: Possession of the farm will be given at closing; subject to tenants rights.
Farm Lease: The current farm lease runs though the 2022 growing season. Buyer(s) will receive a credit for the second half payment of the cash rent at closing totaling $3,875 for Tract 1, $625 for Tract 2, and $5,375 for Tract 3.
Contract & Title: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Midwest Title Company the required earnest money payment. The Seller will provide a current Title Commitment at their expense. Sale is not contingent upon Buyer obtaining financing after the conclusion of the auction. All financial arrangements are to have been made prior to bidding at the auction.
Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary.
Other: 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, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from Title Commitment.
Photos
Tract 1 Photos
Tract 2 Photos
Tract 3 Photos
