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ExxonMobil - De Leon, TX

3050 Hwy 16N - De Leon, Texas

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Description

The property is located east of Interstate 45 and west of Highway 75, north of Rhodes and South of Post Oak Streets in the City of De Leon in northeast Comanche County, Texas 5 miles north of the intersection of Hwy 6 and Hwy 16 on Hwy 16.

  • The property is 101.06 acres

  •  Frontage: 1,367' - Hwy 16

  •  Fencing: Perimeter wire fencing

  •  Access is from 3050 Hwy 16

  • Easements: Easements: Several active pipelines, (1) microwave tower easement, and the third-party operated pump station including four buildings (non-income producing).

  • Surrounding land use is a mix of commercial and residential properties

  • Current Zoning: N/A (No zoning)

  • Property ID: 10198

  • Real Estate Taxes: $7,007 (2021)

  • Restrictions: No residential/sensitive uses, no shallow groundwater use, no substructures, amongst others

DIRECTIONS:

This property is located on Hwy 16 approximately 5 miles north of the intersection of Hwy 6 and Hwy 16 at the intersection of Hwy 16 and Morris Lane.

GPS COORDINANTS: 

32°10'50.4"N 98°32'08.1"W

 

Property Location

Auction / Date / Time

August 30, 2022 2:00 p.m. CDT

Offering Strategy

MINIMUM BID: $50,000 - This property will be sold to the highest bidder, subject to the published minimum bid 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-transferred funds to the Title Company listed in the Purchase and Sale Contract in advance of bidding. See Bidder's Information Packet for more details.

Inspection Dates

This is vacant land and is available for viewing when accompanied by an auction representative. Inspection of the properties is at your own risk. The seller nor the seller's agent takes responsibility for any injury which may occur while inspecting the property. Please call 312-852-8523 Extension 101 if you have any questions.

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 is required to bid. Bidders are required to submit a wire-transferred auction deposit to the Title Company listed in the Purchase and Sale Contract and fill in and sign the auction Purchase and Sale Agreement in order to bid. See Bidder's Information Packet for more details.

Bids are to be delivered to  Fine & Company LLC via email to info@fineandcompany.comon or before 2:00 p.m. Local Time on August 30th. The bidding instructions are contained in Bidder's Information Packet. The Terms of Sale and the Purchase and Sale Contract are important for you to review and understand.  Should you have any questions, please contact Fine & Company at 312.278-0600 extension 101.

Bids received after the bid deadline will not be eligible for consideration and will be returned to the sender.

Details

Certified Funds To Bid : $5,000

Buyer's Premium (Buyer's Fee) : 6% of the bid price

In Cooperation With : JLL - Jones Lang LaSalle

Order Bidder's Information Packet

A Bidder's Information Packet is required to bid. The packet includes auction and property information, title report, environmental report, survey, real estate tax bill, local information, auction purchase and sale agreement, auction deposit agreement, bidding instructions, and terms of sale.  Bidders should not rely on the documents or descriptions of the properties and should conduct their own due diligence investigation of the property.



Bidder's Information Packets are available in PDF format for $10.00. To order your Packet click on the link below and download the Bidder's Information Packet Order Form or call us at 312-852-8523 ext. 101

Contact Us

  Fine & Company LLC
  Renee Jones, CAI, AARE
  713-780-2800
  rjones@fineandcompany.com

Request more information

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Additional Information

Brochure---ExxonMobil-Summer-2022

Bid-Packet-Order-Form

Other Information

Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee 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 TX Broker, Renee Y. Jones Licensed TX Auctioneer

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.