ONLINE BIDDING INFORMATION:
Bid Start Time for this Parcel: 9:10am (MDT), June 1, 2022
Bid End Time for this Parcel: 11:10am (MDT), June 7, 2022
The closing costs are in addition to the 10% down payment. The cultural resources survey costs may be financed, upon approval. All other closing costs are due from the prevailing bidder at the auction and cannot be financed.
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Township 21 South, Range 7 East, SLB&M
Section 16: NW¼NE¼
The parcel is located between the towns of Emery and Ferron in Emery County
The property currently has no legal access. Interested parties should do their own due diligence regarding access.
The parcel is surrounded on all sides by private lands. The vegetation is predominantly mat saltbrush and Nuttall saltbrush. The elevation across the property is an average of 5,850 and topography is level to rolling with adequate drainage.
40.00 Acres, More or Less
No public utilities extend to the subject property. Electricity is provided throughout the area by Rocky Mountain Power. Telephone services are provide throughout the area by Emery Telcom. Propane is provided by private carriers because this property is outside of any incorporated townsite. Sewer may be disposed of onsite through septic systems approved and monitored by Southeastern Utah District Health Department. Interested buyers are encouraged to do their own due diligence regarding utilities to the subject property.
The property is zoned MG&R-1 (Mining and Grazing). Single family dwellings can be constructed within the MG&R-1 Zone. However, each lot has to have a minimum of 40 acres and must be at least 300 feet wide.
Financing will be offered for this parcel at a variable interest rate of prime plus 2.5% or 7.5%, whichever is greater. A down payment of 10% and closing costs will be due at the auction. The remaining balance can be financed for up to a 20 year term.
Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant sites were identified.
General contact us form.