Date and Time

Thursday, July 27 10:00 am

Inspections

Thursday, July 6 • 10 am to 2 pm
Wednesday, July 26 • 1 pm to 5 pm


Brochure


Description

44.83± ACRES OF DEVELOPMENT LAND!
Zoned Single Family Residential & Commercial
Selling as Three Tracts or Entirety!

30.06± Acres Residential Parcel
13.43± Acres Commercial Parcel
1.34± Acres Commercial Pad Site


Located Adjacent to Raven Stream Village Subdivision, New Prague, Minnesota

PROPERTY #1:
30.06 ± Acres of Residential Development
Known as Outlot E within Raven Stream Village Subdivision
Naylor Avenue & 1st Street Frontage
Zoned R190: Single Family Residential District
Parcel ID: 24-1120-920 • Property Taxes $ 2,048.00

PROPERTY #2:
13.43± Acres Commercial Land
Municipal Water, Sewer, Natural Gas & Electricity
Water & Sewer Utilities located on Adjacent Streets
Highway 19, 11th Avenue & 1st Street NW Frontage
Parcel ID: 24-1090-090 • Property Taxes $ 8,940.00

PROPERTY #3:
1.34± Acre Commercial Pad Site located within Raven Stream Village Subdivision
Great Location and Visibility
Zoned B-2 Community Business
1st Street NW & 11th Avenue NW Frontage
Parcel ID: 24-1130-030 • Property Taxes Taxes $ 1,620.00


Located in a Booming Community
Excellent Visibility off Highway 19/280th Street West
4,350 Cars/Day Traffic Count
New Single Family & Townhomes Currently Under Construction In Neighborhood
Near New School – Raven Stream Elementary School
Excellent Opportunities for New Owner(s)

To review the Appraisals for this property, please complete and return this release.

ABOUT NEW PRAGUE
New Prague’s motto is “A Tradition of Progress” and it shows. New Prague has a unique identity as a bridge between rural and suburban/metropolitan areas. According to statistics from the U.S. Census Bureau, New Prague’s population grew just over 60 percent in recent years and will continue to grow into the future. Located just 45 miles southwest of Minneapolis/St. Paul and in close proximity to Interstate 35 and U.S. Highway 169, residents and businesses enjoy New Prague’s small town feel, outstanding amenities and quick access to the Twin Cities.

The City of New Prague is located in two counties, Scott and Le Sueur. North of Main Street (Highway 13/19) is Scott County and on the south side is Le Sueur County. Minnesota State Highways 13, 19, and 21 are three of the main routes in New Prague.

Auction will be held at Quality Inn & Suites, 1200 First Street NE, New Prague, MN 56071.


Broker Participation

Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, at the time of registration, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.


Payment Information

10% Buyer’s Premium. Persons must show $5,000 Certified Deposit at time of registration to obtain a bidding number. $5,000 Minimum Certified Deposit due on day of Sale (per tract), with a deposit equal to 20% due within 2 business days, and balance due at closing within 30 days. The Deposit money shall become Earnest Money and is non-refundable. Attorney Mark Merchlewitz, Merchlewitz Law is overseeing the closing.

Full Terms

Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.

In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.

Principal Auctioneer, Tyler Maas #55-145; Diane Maas, President.