Minimum Bid Auction
Broker CO-OP 2.5%
See Below for Parcel Numbers and Property Information
Auction Date and Time:
Bid On-Line Now through Thursday October 1:00 p.m.
Buyers Premium - 10%
Detailed bidders Information is available in the Property Information Packet. All bidders are encouraged to read these materials before bidding on this property.
96 Platted LOTS | 25.41± Acres
ARE YOU LOOKING FOR YOU NEXT DEVELOPMENT PROJECT? LOOK NO FURTHER!!
Sawyer Ridge Development is in a prime growth area and is an established development project surrounded by other single-family subdivisions, major commercial, retail shopping centers, restaurants, and hotels. The current owner has spent countless dollars and time getting the project to its current state- including engineering, site plans, approval process with planning, zoning, development plan and infrastructure cost bringing in water, sewer and roads. The heavy lifting has been done- NOW is your opportunity to come in and reap the rewards!!
SAWYER RIDGE 1 - 96 Platted LOTS | 25.41± Acres
Minimum Bid: $550,000 | Retail Lot Value: $4,800,000
Offered Separately or Combined
COMBINED PHASE 3,4,5- MINIMUM BID $550,000
Sawyer Ridge 1 is broken down into 5 phases with phase 1 and 2 built out. Phase 1 and 2 have 73 LOTS DEVELOPED. 90% of lots have homes built on them. It is an established subdivision and has access to a major road. Phase 3 has superior lots with westerly facing views and can fetch higher prices per lot.
NOW IS THE TIME TO INVEST - VACANT LAND IS BOOMING IN NORTH PUEBLO!
YOU CALL THE PRICE - PROPERTY WILL SELL ONCE MINIMUM BID IS MET!
Perfect for ENDLESS opportunities:
Auto Dealerships, Car Wash, Commercial, Convenience Store, Fast Food, Health Care, Hold for Development or Investment, Hospital, Hospitality, Hotel, Medical, Neighborhood Center, Restaurant, Retail, Self- Storage, Service Station, Storefront Retail/Office, Strip Center, Supermarket, Warehouse.
Pueblo home values have increased by almost 50% over the last 5 years and the Sawyer Ridge subdivision fetches higher than average home prices.
an increase in commercial development as large name brand stores and restaurants are moving in.
Average sales price of homes in the city of Pueblo for May 2019 was $182,214. The median is $164,000. For Pueblo West during the same period, the average was $267,000 and the median was $264,250. For year-end in 2018, Pueblo County average sales price was $192,000; median was $185,000. For 2013 the Median was $120,500 and the average was $128,500- almost a 50% increase in home values.
Single family Units sold in Pueblo County in the last 12 months (from June 2018- June 2019 2707 Average sales price $200,358 Same time last year 2965 units sold. $187,090 Average
The percentage of sales volume to agents outside of the Pueblo MLS for YTD 2019 is 5.13%. For 2018 it was 4.73%; for 2017 it was just 3.67%. And in 2013, it was only 2.75%. The volume of sales in the Pueblo market from outside agents increased more than 180% during those 5 1/2 years. Which is a good sign that surrounding area brokers and buyers have their eye on Pueblo.
There was 361 new home permits issued in Pueblo County in 2017 and 439 issued in 2018.
Pueblo County, Colorado's estimated population is 166,426 with a growth rate of 0.94% in the past year according to the most recent United States census data Pueblo County, Colorado is the 10th largest county in Colorado.
The City of Pueblo has a long and colorful history dating back to 1842, when it was called Fort Pueblo. What brought our city from a small fort in southern Colorado to the backbone of Colorado were the ore mines. This area once housed 4 separate towns, which are Pueblo, South Pueblo, Central Pueblo, and Bessemer. These 4 towns together now make up the City of Pueblo.
The City of Pueblo is also known as "America's Home of Heroes," as was proclaimed by the United States Congress in 1993. Pueblo hosts National Medal of Honor Day and has had as many as 4 living Medal of Honor recipients living in our community.
Pueblo, CO, is a culturally diverse community with a active university, a wide variety of shopping, great restaurants, a multitude of community activities, and wonderful historical sites.
Colorado State University-Pueblo (CSU-Pueblo), located on the north side of Pueblo, is an active educational institution which boasts an enrollment of more than 4,000. Additionally, Pueblo is home to Pueblo Community College, Colorado Technical University, and IntelliTec Colleges.
The population of Pueblo on its north side of the city is sure to increase sue to the University’s implementation of the new sports programs, as well as, Pueblo’s move toward annexation of 24,000 acres of ranch land. The annexation would double the size of the city of Pueblo. Unlike most other cities and communities in Colorado, Pueblo has water resources for three times its current population. With the current and planned growth to the north side of Pueblo, and Pueblo’s water resources, the City of Pueblo will only increase in value and growth. This growth will provide Pueblo the long term stability most investors welcome and desire.
Individuals and families alike enjoy the Historic Arkansas Riverwalk in Pueblo; El Pueblo History Museum; Sangre de Cristo Arts Center; Pueblo Zoo; Buell Children’s Museum; Walking Stick Gold Course; Elwood Golf Course; Lake Pueblo State Park; Blues & BBQ Festival; Chile & Frijoles Festival; Colorado State Fair; Pueblo County Fair; and much, much more.
All property measurements are approximate. All information on this website was delivered from sources believed to be correct, but not guaranteed. It is the buyer’s responsibility to verify all property specifications prior to the auction date. Prestige Real Estate Auction, LLC is an agent of the seller. Announcements take precedence over printed materials. Not available to residents of any state in which this real estate is not in compliance with the real estate laws or other laws of that state.
For Complete Terms & Conditions, go to the Property Information Packet on this website.
Copyright 2006-2020 United Country Real Estate- Prestige Auction, LLC. Denver, CO All Rights Reserved.
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|Parcel #05-120-00-036 and 016|
|Parcel # 05-120-16-003|
|I-25 business with parcel overlays|
Online Auction Terms & Conditions
Property: Pueblo Land Auction
Minimum Bid: The property is being offered in an Online Only Auction, Minimum Bid plus 10% Buyer’s Premium.
Bidders Registration: All prospective buyers must register to bid. A $10,000.00 cashier’s check or wire transfer payable to United Country Real Estate- Prestige Auction, LLC will be required to bid at the auction. A 10% buyer’s premium will be added to final bid and included in total Contract Price, a 10% non-refundable earnest money deposit will be due immediately after being declared the buyer. The remainder of the earnest money deposit can be paid by check or wire transfer. This amount will be applied to the purchase price and will be deposited in the brokers escrow account. The $10,000.00 cashier’s check or wire will be immediately returned in the event the bidder is unsuccessful. Bidder must sign and submit Terms and Conditions, Bidder Registration Form and Property Information Package Receipt along with certified funds to receive a bidder number.
Bidding Registration: Online bidder hereby agrees that they must properly register for this online auction by:
· Complete and Sign the Online Auction Terms and Conditions
· Submit Initial Bid
· Broker Registration (if applicable)
· Bidder Registration Form
· Property Information Package Receipt
· Submit $10,000
Email or Fax all required registration documents to the auction company at 303-532-1010 (fax) or by email at (email).
Bidding Opens/Closes: The Online Only Auction (ie. Internet Auction), bidding shall be opened August 14, 2020 and will close October 1, 2020 at 1:00 P.M.- MST
Property Previews: It is highly recommended that all bidders personally inspect the property prior to placing any bids in the auction. Property inspections are the sole responsibility of the bidders.
No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder’s ability to obtain financing and there are no financing contingencies. The balance is due in cash or new loan at closing within 30 days.
Buyer’s Premium: A Ten Percent (10%) Buyer’s Premium shall be added to the final bid price placed online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyer’s Premium shall be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property.
Purchase Contract: Winning bidder hereby agrees to enter into an Auction Buy/Sell Contract to Purchase the property immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction the winning bidder will be forwarded via email an Auction Buy/Sell Contract to Purchase the property for electronic signature. Purchase Contract must be signed and returned, along with earnest money deposit, within than 24 hours from being declared the winning bidder.
Earnest Money Deposit: Upon being declared the high bidder an earnest money deposit of Ten Percent (10%), of the total Contract Purchase Price (which includes the buyer’s premium), must be be wire transferred or hand delivered in the form of certified funds to United Country Real Estate| Prestige Auction. Wire Transfer Instructions will be emailed to the winning bidder and verified through a phone call.
Closing: Closing shall be on or before October 10, 2020. Out of state buyers will be afforded the opportunity to close via email, mail and wire transfer of certified funds.
Title Insurance: A Special Warranty Deed will be supplied by the seller at the seller’s expense giving marketable title subject to restrictions of record (located in the Property Info Package located on Company website). Title Insurance will be at the Buyer’s expense.
Property Taxes: Will be prorated to the date of closing.
Online Auction Technology (Disclaimer): Under no circumstances shall Bidder have any kind of claim against United Country Real Estate| Prestige Auction, agents, auctioneers, brokers or the Seller, if the internet service fails to work correctly before or during the auction. Online bidding is subject to technology failure and issues without warning, which are outside the control of the auction company.
Agency: United Country Real Estate| Prestige Auction and its agents, auctioneers, broker and representatives are Exclusive Agents of the Seller(s).
Disclaimer: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice. There are no warranties either expressed or implied pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. All information pertaining to zoning was received by the City of Aurora and is deemed reliable but not guaranteed- you must do your own due diligence to verify potential building codes and zoning.