What are trust lands?
Trust lands are parcels of land granted by Congress to Utah at statehood to support specific beneficiaries, including public schools, universities, hospitals, and reservoirs. Trust lands are not public lands, but are generally open for public use, when possible. Trust lands were allocated specifically to generate revenue to support our beneficiaries. SITLA currently manages 3.3 million surface acres on behalf of our beneficiaries.
ONLINE BIDDING INFORMATION:
Bid Start Time for this Parcel: November 8, 2023, Time: 8:30am MST
Bid End Time for this Parcel: November 14, 2023, Time: 10:30am MST
The closing costs are in addition to the 10% down payment. All closing costs are due from the prevailing bidder at the auction and cannot be financed.
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Township 19 South, Range 19West, SLB&M
Section 26: NE¼NE¼
Section 35: NE¼NE¼
This property is located in western Millard County, north of the small town of Eskdale. The parcels are approximately 5 miles north of State Highway 50 and approximately 5 miles east of the Utah/Nevada state line.
Access is from gravel and dirt county roads. County Road 753 runs through both parcels.
The property has historically been used as open range lands. The topography is mostly level with native grasses and brush.
80.00 acres, more or less
No water rights will be included with this property.
Power lines are in the nearby vicinity of the parcels.
Financing will be offered for this parcel at a variable interest rate of prime plus 2.5% or 7.5%, whichever is greater. A down payment of 10% and closing costs will be due at the auction. The remaining balance can be financed for up to a 20 year term.
Mineral Lease Encumbrances:
Surface Lease Encumbrances:
Grazing Permit No. 96, issued to Baker Ranches, Inc. (these lands will be removed from this permit when the property is sold)
Cultural Resource Covenant:
A cultural and historical resource survey was conducted on this parcel. One significant site was located. The property will be sold with reservations for the site which was identified.
General contact us form.