Industrial & Residential Real Estate Development Potential Absolute Auction - Nitz Auction

Industrial & Residential Real Estate Development Potential Absolute Auction


INDUSTRIAL & RESIDENTIAL REAL ESTATE
DEVELOPMENT POTENTIAL
ABSOLUTE AUCTION
*  2.4 ACRES SELLING IN 1 TRACT *

LIVE ON-SITE AUCTION
Begins: 04/25/20 at 10:00 AM CDT
Location: 3930 Lake Street, Omaha, NE 68111

INDUSTRIAL & RESIDENTIAL REAL ESTATE DEVELOPMENT POTENTIAL
ABSOLUTE AUCTION
*  2.4 ACRES SELLING IN 1 TRACT *

SATURDAY, APRIL 25, 2020  10:00 am
NOTE DATE CHANGE!! 
OMAHA, NE: 3930 Lake Street (Auction held on Premises)


Terrific Industrial and Residential Development site in the Heart of the City! 2.4 Acres Selling in 1 Tract Includes an older 1 Story Building, Open-Face Storage Sheds, an Older 1 ½ Story Home, Fenced Yard Area and Frontage on 40th Street and Lake Street! This Property could serve many different uses and is primed for Development!

LEGAL DESCRIPTIONS:
Lot 6, Block 3 and the vacated Alley and ½ of Vacated Ohio Street Adjacent on the North of Lot 2 and the North ½ of Abandoned Railroad Right-of-Way Adjacent and all of Lots 2 through 4 & Triangular Southeasterly 49.7 Feet of Lot 5 and all of Lot 6, Block 3, Hitchcocks 1st Addition to the City of Omaha, Douglas County, NE.
AND
Lot 12 and Lots 8 thru 12 (250’ x 120’) of Block 8, Hitchcocks 1 Addition to the City of Omaha, Douglas County, Nebraska.
AND
Irregular 118.5 Feet in Lot 5, Block 3, Hitchcocks 1st Addition to the City of Omaha, Douglas County, Nebraska.

2019 REAL ESTATE TAXES: $ 1,387.18 (Total for all 3 Parcels)

TERMS OF THE AUCTION: An Earnest Deposit of $ 25,000.00 will be due on Auction Day. The balance will be due at Closing on/before May 26, 2020. Title Insurance and Escrow Closing Fees Divided Equally between Buyer and Seller. Marketable Title Provided. Possession at Closing. 1031 Tax Exchanges Welcome. Agents Represent Sellers.

AUCTIONEER’S NOTE: Make your plans now to Attend this Auction. Bob & Cathie are retiring from their Construction Business and are offering this Real Estate at Absolute Public Auction – No Reserves or Minimums! This is a wonderful Opportunity for you to buy a Development-Rich Potential Property at your price at Absolute Public Auction! For Further Information, Brochure or your Private Tour, Please Contact the Auction Company or visit the website at www.nitzauctions.com. DON’T BE LATE – ONLY A 30-MINUTE AUCTION!


BOB’S BIG RED SERVICE – BOB & CATHIE SPEDDEN, OWNERS

TERMS OF THE AUCTION: An Earnest Deposit of $ 25,000.00 will be due on Auction Day. The balance will be due at Closing on/before May 26, 2020. Title Insurance and Escrow Closing Fees Divided Equally between Buyer and Seller. Marketable Title Provided. Possession at Closing. 1031 Tax Exchanges Welcome. Agents Represent Sellers.

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Jack Nitz & Associates

http://nitzauctions.com

PO Box 1522 Fremont, NE 68025

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