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Yandell Road Property
1 of 4 commercial lots view from across Yandell
Yandell Road Commercial Property Plat
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***THIS AUCTION IS POSTPONED DUE TO A CHANGE BY THE JUDGE IN THE CONSERVATORSHIP FOR THIS PROPERTY. WE APOLOGIZE FOR ANY INCONVENIENCES THIS MAY CAUSE***
From I-55 take the Gluckstadt Rd exit and travel East 4/10 mile. Turn Right on Weisenberger Rd and go East 1.7 miles. While traveling east, you will cross Hwy 51 and the road changes name to Yandell Road. Continue until you see the property on the right. The property backs up to Bear Creek and Bradshaw Ridge Subdivisions.
ALL INTERESTED BIDDERS MUST READ THE AUCTION TERMS AND CONDITIONS PROIR TO THE AUCTION FOR REGISTRATION REQUIREMENTS. TO ACCESS THE TERMS, PLEASE CLICK ON THE BUTTON MARKED AUCTION TERMS ON THE RIGHT HAND SIDE OF THE SCREEN.
Tax Parcel # 082H-27-023/01.00
Individual Parcel Measurements:
Parcel #1: 1.2500 Acres (54,450 sq ft), 209.60 ft of frontage on Yandell Rd. and 259.79 ft of frontage on Clarkdell Road Parcel #3: 1.00 Acre (43,560 sq ft), 167.69 ft of frontage on Yandell Rd Parcel #4: 1.00 Acre (43,560 sq ft), 167.69 ft of frontage on Yandell RdParcel #5: .9382 Acres (40,867 sq ft), 179.88 ft of frontage on Yandell RdNote: All 4 of these commercial parcels are subject to some building restrictions from Madison County: There must be a 50ft setback from the rear of the commercial building to the privacy fence between the residential property to the rear of this property. There is a 7-8 ft greenspace requirement at the rear of this 50 ft. setback. (The 7-8 ft greenspace is part of the 50ft setback, not in addition to the setback.) The county is in the process of planting 7-8 ft of fast growing buffer plants - such as Leyland Cypress in that greenspace. In this 7-8 ft greenspace, nothing can be erected and no dumpsters can be placed.As far as curb cuts/driveways, for safety reasons, the County will be placing restrictions on the number of curb cuts/driveways allowed on lots 3, 4, and 5. County officials in the Zoning and Planning office of Madison County have indicated to me that they would prefer that all three share one curb cut, but will look at the proposed businesses and could possibly allow 2 driveways for these 3 commercial parcels. Yandell Rd. has extremely high traffic counts and has been referred to as the next growth corridor for Madison County. Therefore, the County will be looking for safety with regard to the number of driveways allowed. On lot number 1 at the corner of Yandell Rd. and Clarkdell Extension, it is possible that the county would prefer the curb cut/driveway come off Clarkdell Extension rather than Yandell Rd. Blue Sky Auctions, LLC recommends that interested bidders check with Zoning and Planning for Madison County, MS for information with regard to these or any other restrictions that may impact these commercial lots.
Auction Terms
REAL ESTATE TERMS AND CONDITIONS
BLUE SKY AUCTIONS, LLC
KELLY HOGUE, AUCTIONEER
REGISTRATION: In order to obtain a bidder’s number, you must present a valid driver’s license and a cashier’s check in the amount of $5,000.00. (We do not take these up, you simply show the certified funds to register to bid.) This cashier's check will be made payable to yourself. If you are the successful bidder, you will simply sign it over to the auction company and we in turn sign it over to the closing attorney to be held as earnest money in escrow until closing. If you are not the high bidder, the cashier's check is in your name and your possession to do with as you will. We receive this question often and it is important that you understand that it does not cost money to register to bid, the cashier's check will stay in your possession and you only need to show it at registration in order it to register to bid.
REAL ESTATE TERMS: The high bidder will be required to place a non-refundable bid deposit of $5,000.00, which will be held as earnest money in escrow until closing and will then be credited to the buyer as part of the purchase price of the property. The successful bidder must sign the real estate contract immediately upon conclusion of the bidding with the closing to take place within 30 days from the date of the auction. The entire purchase price must be paid by cashier’s check or certified check, or wired funds at closing. No purchase shall be contingent on financing or any other contingencies. Buyer is entitled to and the seller will provide a deed marketable title for property upon full payment. All property not advertised or announced to be "absolute" is sold subject to seller confirmation.
CONDITION OF PROPERTY: Property is sold "AS IS, WHERE IS" condition and neither Kelly Hogue, auctioneer of Blue Sky Auctions, LLC, the sellers, nor their representatives, agents, or employees make express or implied warranties or representations of any kind.
QUESTIONS: Questions will be entertained only prior to the commencement of the Auction proceedings. Please see a bid assistant for questions during the sale itself. If any dispute arises between or among bidders, the decision of the Auctioneer shall be final and absolute.
BUYER’S PREMIUM: A buyer’s premium of 10% will be added to the high bid to determine the total price for the real estate.
DISCLAIMER: Announcements made at the auction supersede all printed material or any oral statements made by anyone employed by, representing, or associated with Blue Sky Auctions, LLC. All information included herein was derived from sources believed to be correct, but is not guaranteed.
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