10 Day Upset Period In Effect, Please See Description For Details

10 Day Upset Period In Effect

 

UPSET BID LOCATION

Moore County Clerk Of Court

 

CURRENT PROPERTY BIDS & CONFIGURATIONS

 

Auction Lot 1: $53,603.82 The Upset Bid Period has ended for this lot.

 

Auction Lot 2: $31,000.00; The Upset Bid Period has ended for this lot.

 

Auction Lot 3:$1,500.00; The Upset Bid Period has ended for this lot.

 

Auction Lot 4: 40,000.00: The Upset Bid Period has ended for this lot.

 

Auction Lot 5: $1,500.00; The Upset Bid Period has ended for this lot.

 

Auction Lots 6,7,8,9: $87,150.00; The Upset Bid Period has ended for this lot.

 

Auction Lots 10,11,14: $75,000.00; The Upset Bid Period has ended for this group of lots.

 

Auction Lots 12, 13: $50,000.00; The Upset Bid Period has ended for this group of lots.

 

Auction Lot 15: $232,171.58 Next Bid Amount: $243,780.16 the current period ends November 27th at 5PM for this auction lot.

 

Auction Lot 16; $26,000.00; The Upset Bid Period has ended for this lot.

 

All upset bids must be a minimum of 5% increase.  The required deposit is 5% of the new upset bid and shall be made by certified funds to the Clerk of Superior Court of Moore County.

 


INDIVIDUAL PROPERTY DESCRIPTIONS
Auction Lot 1
House and lot located at 180 W. Salisbury Street in Robbins, NC

Moore County
Parcel 13502
Zoned R-10
.447+/- Acres
$81,920.00 Tax Value
Current rent rate is $200.00 on a month to month basis.


Auction Lot 2
Commercial Building located at 130 W. Salisbury Street in Robbins, NC

Moore County
Parcel 13371
Zoned CBD
.465+/- Acres
$65,060.00 Tax Value

Auction Lot 3
Vacant Lot on Branson Circle in Robbins, NC

Moore County

Portion of Parcel 13503

Auction Lot 4
Commercial Building located at 171 S. Middleton Street in Robbins, NC

Moore County
Portion of Parcel 13503
Zoned CBD
.26+/- Acres
Portion of $88,960.00 Tax Value
5 Locker Rooms
2 Restrooms
3 Offices/Storage Areas
Current rental rate is $450.00 on a month to month basis. 


Auction Lot 5
Vacant lot on Branson Circle in Robbins, NC

Moore County
Parcel 13510
Zoned CBD
.052+/- Acres
$2,270.00 Tax Value

Auction Lot 6
Commercial Building located at 155 S. Middleton Street NM in Robbins, NC

Moore County
Parcel 13512 & 13500
Zoned CBD
Portion of Tax Value $177,960.00 (Parcel 13512) & $2,610.00 (Parcel 13500)
3 Studios
1 Office
Reception Area

Auction Lot 7
Commercial Building located at 141 S. Middleton Street in Robbins, NC

Moore County
Parcel 13501
Zoned CBD
.183+/- Acre
$96,420.00 Tax Value
Elevated Window Display


Auction Lot 8
Commercial Building located at 121 S. Middleton Street in Robbins, NC

Moore County
Zoned CBD
.35+/- Acre
$137,750.00 Tax Value
3 Office/Storage Areas
Utility Room
2 Elevated Display Window Displays
Currently rented at $400.00 month 

Auction Lot 9
Commercial Building located at 101/ 105A/ 105 S. Middleton Street in Robbins, NC

Moore County
Parcel 13504
Zoned CBD
.119+/- Acre
$165,470.00 Tax Value
Unit on left has an elevated window display, 2 offices, restroom, back storage area.
Unit on right has a conference room, small kitchen, restroom, 6 offices, reception/waiting area.
Upstairs unit has 4 dressing rooms, 2 full baths, 2 storage rooms, 3 large rooms w/ hardwood floors. 
101 S. Middleton St. current rental rate is $400.00 a month to month basis. 
105A S. Middleton St. current rental rate is $400.00 a month to month basis.

Auction Lot 10
14.4+/- Acres located on Highway 705 in Robbins, NC

Moore County
Portion of Parcel 13506
Portion of $228,000.00 Tax Value
Subject to Survey at purchasers expense and chosen by the auctioneer if sold seperately or as a whole.

Auction Lot 11
14.4+/- Acres located on Highway 705 in Robbins, NC

Moore County
Portion of Parcel 13506
Portion of $228,000.00 Tax Value
Subject to 20' easement and proposed 60'.
Subject to powerline easement.
Subject to Survey at purchasers expense and chosen by the auctioneer if sold seperately or as a whole.

Auction Lot 12
17.5+/- Acres located on Ashwood Road in Robbins, NC

Moore County
Portion of Parcel 13506
Portion of $228,000.00 Tax Value
Subject to 20' easement and proposed 60'.
Subject to powerline easement.
Subject to Survey at purchasers expense and chosen by the auctioneer if sold seperately or as a whole.

Auction Lot 13
16.9+/- Acres located on Ashwood Road in Robbins, NC

Moore County
Portion of Parcel 13506
Portion of $228,000.00 Tax Value
Subject to 20' easement and proposed 60'.
Subject to powerline easement.
Subject to Survey at purchasers expense and chosen by the auctioneer if sold seperately or as a whole.

Auction Lot 14
10.9+/- Acres on Highway 705 in Robbins, NC

Moore County
Portion of Parcel 13506
Portion of $228,000.00 Tax Value
Subject to 20' easement and proposed 60'.
Subject to powerline easement.
Subject to Survey at purchasers expense and chosen by the auctioneer if sold seperately or as a whole.

Auction Lot 15
219+/- Acres in Moore County, NC

Parcels 990457 & 13499

No access or right of way

Subject to Survey at purchasers expense and chosen by the auctioneer.

Auction Lot 16
Commercial Building located at 151 S. Middleton Street in Robbins, NC
Moore County
Portion of Parcel 13512
Zoned CBD
Portion of $177,960 Tax Value (Parcel 13512)
Kitchen
Dining Area
Storage Area

 

PROJECT MANAGER
Tom McInnis
910-997-2248


A deposit of Ten Percent (10%) of the final contract pucrchase price of the real estate, will be required from the buyer on the sale day and this deposit shall be made payable to Thigpen & Jenkins Trust Account to be held in said escrow account until closing. 

Auction lots 10-14 are subject to a survey at the purchasers expense if sold divided or as a whole by a surveyor chosen by the auctioneer.

Auction lot 15 is being sold subject to a boundary survey at the expense of the purchaser. 

 

Agency:

Iron Horse Auction Company, Inc. is acting as agent of the Seller and at no time acting on behalf of the Buyer.
 

Property Information & Inspection:

Iron Horse Auction Company, Inc. is not responsible for any missing or incorrect listing information. Iron Horse Auction Company, Inc. has attempted to provide accurate descriptions; however, it is the Bidder's responsibility to conduct inspections to determine the condition and feasibility of the Bidder’s intended use. Descriptions that are provided by Iron Horse Auction Company, Inc. are provided in good faith and are matters of opinion. It is automatically acknowledged by registering that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property. Placing a bid creates a contractual agreement to purchase the property at the high bid price plus a Buyer’s Premium and any additional fees included in closing the real property transaction.


Auctioneer's Discretion:

Iron Horse Auction Company, Inc. has full discretion to modify the date and time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and the convenience of Iron Horse Auction Company, Inc. or the Seller.

 

 

Closing:

Property is to be closed within thirty-days after the auction or upon delivery of the deed, whichever is sooner.

 

 

Property Condition:

All property in this auction is selling “AS-IS, WHERE IS” with all faults, if any. Iron Horse Auction Company, Inc. makes no representations or warranties, expressed or implied, concerning the property. Descriptions of the property are believed to be correct, but are not guaranteed. It is the Buyer’s responsibility to conduct any inspection prior to the auction. All due diligence periods end the date the auction is schedule to end, and prior to the end of the auction. It is possible that the property being sold is subject to restrictive covenants and homeowner’s association rules, regulations and dues. Iron Horse Auction Company, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer’s responsibility to inspect all aspects of the property before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property or waived your right to inspect the property.

 

Legal Interpretations:

The laws of the State of North Carolina shall interpret this document.

 

Disputes:

Any and all causes of action resulting from this auction shall be heard in the General Court of Justice of Moore County, North Carolina as the sole and exclusive venue.
 

Auction Cancellation – Bid Rejection:

Iron Horse Auction Company, Inc. reserves the right to reject any and all bids for any reason. Iron Horse Auction Company, Inc. reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding even if a bid has been placed, unless the auction is advertised Without Reserve.

 

Title:

As specified in the Auction Purchase Contract.

 

Deed:

As specified in the Auction Purchase Contract.

 

Possession:

Not given until closing and further specified in the Auction Purchase Contract.

 

Real Estate Taxes and Closing Cost:

Taxes will be prorated to the day of closing using the most current available year’s tax amount. HOA fees and condominium assessments, if any, will be prorated up to the date of closing. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees.

 

Easements:

Subject to any and all easements recorded or unrecorded.

 

Zoning:

This property is subject to all state and local zoning ordinances.

 

Acreage & Aerial Photos:

Parcel dimensions and acreages are based on legal descriptions. Aerial photos are for illustration purposes only and not surveyed boundary lines.

 

Age Requirement:

All Bidders must be eighteen (18) years of age or older.

 


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