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James Nelson Estate - Online Only No Reserve Real Estate Auction

27944 CR 4, Park Rapids, MN
Status: Active
Property Type
Commercial Acreage
Fishing Land
Home with Acreage
Hunting Land
Land Auction
Recreational Land
Rural Business
14.99 acres
Hubbard, MN
Development Potential
National Forest Access
Water Well
List Date
Sep 12, 2023
Seller Disclosure Alternatives
Septic Disclosure
Well Disclosure
Radon Disclosure
2023 County Tax Statement
REAL ESTATE AUCTION NO MINIMUM OR RESERVE PRICE! James R. Nelson Estate Bid Online From Monday September 11th - Thursday September 21st, 2023 15+/- Prime Wooded Acres SOLD WITH NO MINIMUM OR RESERVE PRICE! Located at 27944 County Road 4 Park Rapids, MN 56470 In Beautiful Emmaville, MN! This property is located in the Heart of Lakes Country at the busy intersection of Hubbard County Road 4 and County Road 24 in Emmaville, MN. The property consists of approximately 15+/- acres of wooded land with approximately 970 feet of County Road 4 frontage on the west and approximately 625 feet of County Road 24 frontage on the north. Property is currently classified as Residential but has exceptional commercial potential. This property is ideally located in the Heart of Lakes Country within a few miles of some of the Area Premier Lakes and Thousands of Acres of Public Land. This exceptional property is bordered on the west by established Snowmobile & ATV Trails! There are several exceptional building sites for residential home or hunting cabin. There are some (uninhabitable) buildings on property. This property has exceptional potential for a multitude of opportunities! Auctioneers Note: Most of the “project vehicles” and other personal property seen in the You Tube video have been sold and removed. The property will be sold “As-Is”. Any remaining personal property on the premises at the of execution of the Purchase Agreement will be considered part of the property purchase. TERMS & CONDITONS OF REAL ESTATE AUCTION: Successful bidder will be required to pay $10,000 non-refundable down payment to David L. Veo Realty Trust no later than 4pm CDT Monday September 25th, 2023 to be held in escrow until closing and enter into a non-contingent “As Is” purchase agreement prepared by David L. Veo Realty, Broker for James R. Nelson Estate. The balance will be due in full at closing, in approximately 45 days. Closing will be conducted by Seller's closing agent of choice. The seller will provide marketable title to said property. The Real Estate will be considered sold when all parties have signed the purchase agreement. This property will be sold by its legal descriptions. All announcements made by the auctioneer take precedence over any previous advertising or oral statements. Jokela Auction Co. and David L Veo Realty represent the seller in this transaction. Square footage dimensions and acreage amounts are based upon information provided by the seller and are believed to be correct but not guaranteed. Purchaser shall bear the responsibility to confirm all calculations prior to the auction. All information contained in this brochure was derived from sources believed to be correct but is not guaranteed. Jokela Auction Co. & David L. Veo Realty are not responsible for errors or omissions. BUYERS PREMIUM: 10% Buyers Premium will be added over and above the high bid. This will equal the total contract price. David L. Veo Realty License #20303085 Jokela Auctions Inc. Park Rapids, MN 218-538-6508, 218-280-9796, 218-732-5587 www.JokelaAuction.com... “Since 1949 ~ Celebrating 74 Years”
Listing Agent
David Veo
Co-Op Member Owner
Jokela Auction Co./David L. Veo Realty
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