Roosevelt Industrial Lots (3 Separate Listings) (C-27034-A) (C-27034-B) (C-27034-C)
ONLINE BIDDING INFORMATION:
For step by step instructions to pre-register as a bidder, please click here.
Lot 18 (C-27034-A)
(County Parcel No. 00-0014-7672)
Bid Start Time for this Parcel: 8:20am (MDT) June 1, 2022
Bid End Time for this Parcel:Â 10:20am (MDT) June 7, 2022
- For the auction page to view or place a bid, please click here.
Lot 19 (C-27034-B)
(County Parcel No. 00-0014-7680)
Bid Start Time for this Parcel: 8:30am (MDT) June 1, 2022
Bid End Time for this Parcel:Â 10:30am (MDT) June 7, 2022
- For the auction page to view or place a bid, please click here.
Lot 26 (C-27034-C)
(County Parcel No. 00-0014-7755)
Bid Start Time for this Parcel: 8:40am (MDT) June 1, 2022
Bid End Time for this Parcel:Â 10:40am (MDT) June 7, 2022
- For the auction page to view or place a bid, please click here.
Closing Costs:
The closing costs are in addition to the 10% down payment and will be charged for each individual lot. The cultural resources survey costs may be financed, upon approval. All other closing costs are due from the prevailing bidder at the auction and cannot be financed.
| Appraisal Costs: | $850.00 |
| Cultural Resources Survey: | N/A |
| Legal Advertising Cost: | $250.00 |
| Sale Processing Charge: | $500.00 |
| Application Fee: | $250.00 |
| TOTAL CLOSING COSTS PER LOT: | $1,850.00 |
Beneficiary:
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Legal Description:
C-27034-A
Township 2 South, Range 1 West, USM
Section 30:Â Lot 18
Municipal Airport Industrial Subdivision
C-27034-B
Township 2 South, Range 1 West, USM
Section 30:Â Lot 19
Municipal Airport Industrial Subdivision
C-27034-C
Township 2 South, Range 1 West, USM
Section 30:Â Lot 26
Municipal Airport Industrial Subdivision
(Each lot will be sold separately.)
Location:
The lots are located in Roosevelt and are part of the Municipal Airport Industrial Subdivision, north of Highway 40 and Highway 191. The industrial park is located east of the airport.
Access:
Access is from Highway 40 aka Highway 191 – Southwest of South Hancock Cove Road, between 1600 South and 1760 South.
Additional Information:
The lots are part of an industrial park in Roosevelt. Neighboring lots are developed and are currently in use.
Acreage:
1.00 Acre Per Lot, More or Less
(3 Separate Lots, 3 Separate Offerings)
Water Rights:
No water rights are included, but water and sewer connections are available from the city.
Utilities:
Water, sewer, power, and gas services are available for each lot.
Zoning:
M-2 (Heavy Industrial)
Financing:
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 Leases:
None
Surface Leases:
None
Cultural Resource Covenant:
These lots were reviewed to determine the need for a cultural resource survey. A survey will not be required. These lots will be sold without any deed covenants for cultural resources.
Disclosures:
- Please see the disclosure summary and the certificate of sale template document posted at the bottom of this page for general disclosures which apply to all parcels being offered for sale at this auction.
- All mineral rights will be reserved.
- The sand and gravel on the parcel will be subject to a royalty provision if sold commercially.
- The Utah Geological Survey has submitted the following comment:Â “Potential geologic hazards in the area that could affect the parcels include seasonal flooding, flash flooding/debris flow, problem soils including shrink/swell and/or collapsible, and indoor radon potential. Prospective buyers should be aware of the potential hazards so they can be addressed in a manner appropriate to the intended use of the property. UGS has general geologic hazard information available at its offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm.”
- The property will be conveyed subject to all valid existing rights.
