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Benson, AZ - 640 Agricultural -Acres
Why Buy This Property
It is extremely rare to find the right climate conditions to grow pecans in Arizona where the cost of land is a fraction of the cost in California and other states. This property is perfect for the opportunist nut cultivator or vegetable farmer or other commercial farming practice.
Don't miss this opportunity to join others who have begun pecan orchards in the area.
Description
A portion of this property has never been farmed and has been cleared of native vegetation making it ideal for organic farming. A portion of the farm has been tiered and leveled. In 2015 3 test wells were drilled and logged to 1000’. The results determined the farm has a high availability for water production. In 2017 well site #1 was drilled to 995’. The static water level is 84’. The area is known as a commercial farming location for producing alfalfa and corn and now with producing and new planting pecan orchards nearby.
The farm has an extended growing period. According to WeatherSpark.com, typically, the last cold weather is in January followed by a milder February. The weather makes this an ideal nut orchard or vegetable or alfalfa production location.
Having been recently cleared of regrowth native vegetation with new fencing added to complete the existing fencing, this farm is ready for new commercial production.
Property Location
Property Video
Offering Strategy
This property is now being offered in 3 Tracts:
Tract A - 80 AC including the house and shed - MINIMUM BID $290,000
Tract B - 80 AC - MINIMUM BID182,000
Tract C - 480 AC - MINIMUM BID $872,000
This property will be sold subject to the Minimum Bids and the Terms of Sale. This is a sealed bid auction event. Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet and wire-tranferred funds to the Title Company listed in the Purchase and Sale Contract advance of bidding. See Bidder's Information Packet for more details.
SELLER FINANCING AVAILABLE - Seller financing is available to pre-qualified bidders. For terms of seller financing contact Fine & Company at 312-278-0600 extension 101 for more details.
Inspection Dates
Inspections are by appointment Only on August 27, September 17 & 24. Please call 312-852-8523, extension 101 to schedule an inspection.
Registration and government-issued identification required at each property viewing.
Please do not contact the Seller or enter the property at other times without permission.
Auction Location
Sealed Bid Auction- This is a sealed bid auction event. Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet and wire-transferred funds to the Title Company listed in the Purchase and Sale Contract advance of bidding. See Bidder's Information Packet for more details.
Bids are to be delivered to Michael A. Fine, CCIM c/o Fine & Company LLC, 899 Skokie Blvd., Suite 100, Northbrook, IL 60062 for due on or before 2:00 p.m. Local Time on October 8th. For bidding requirements see the Terms of Sale and the Purchase and Sale Contract included in the Bidder's Information Packet.
Details
Certified Funds To Bid : Tract A or B - $5,000, Tract C - $15,000
Buyer's Premium (Buyer's Fee) : 10% of the high bid
ON-LINE BIDDING INFORMATION & REGISRATION
This property is now being offered in 3 Tracts:
Tract A - 80 AC including the house and shed - MINIMUM BID $290,000
Tract B - 80 AC - MINIMUM BID182,000
Tract C - 480 AC - MINIMUM BID $872,000
This is a sealed bid auction event. Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet and wire-transferred funds to the Title Company listed in the Purchase and Sale Contract advance of bidding. See Bidder's Information Packet for more details.
Order Bidder's Information Packet
A Bidder's Information Packet is required to bid. The packet includes: auction and property information, survey, title report, real estate tax bill, local information, auction purchase and sale agreement, bidding requirements, and terms of sale.
Bidder's Information Packets are available in PDF format for $20.00. To order your Packet click on the link below and download the Bidder's Information Packet Order Form. Once filled out, please email it to us at info@fineandcompany.com or fax it to 312.268.1110
Contact Us
Fine & Company LLC
Michael A.Fine, CCIM, CAI, AARE
Illinois, United States
312-852-8523
michael@fineandcompany.com
Other Information
Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee of the bid price will be paid to the REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.
Licensing : Fine & Company LLC licensed Arizona Real Estate Broker LC677500000
Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet.
Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.