ABSOLUTE ESTATE AUCTION - 11 TRACTS/51 LOTS

ABSOLUTE ESTATE AUCTION

ABSOLUTE ESTATE AUCTION

 

TUES., MAY 23rd • 5:07 PM
CRAVEN & CAIRO RD. • PADUCAH, KY
 

ATTENTION CONTRACTORS & DEVELOPERS!
WILMINGTON-CHILES ESTATES • B.G. WAID SUBDIVISION

 

+26.3 ACRES • 11 TRACTS/51 LOTS • ACREAGE
CITY WATER • CITY SEWER • FRONTAGE ON S ROADS

 

 Approx. 51 Combinations of Lots in Tracts on Cairo Road, West Paducah School Road, and Craven Drive.

 

TR 1 BLOCK A: 2 LOTS, 3 & 4, +1.4 AC.

TR 2 BLOCK H: LOT 4, +0.8 AC.

TR 3 BLOCK H: 7 LOTS, 8-12 & 21-22, +1.7 AC.

TR 4 BLOCK H: 6 LOTS, 15-20, 1.2 AC.

TR 5 BLOCK J: 9 LOTS, 1-9, +1.9 AC.

TR 6 BLOCK I: 5 LOTS, 12-16, +1 AC.

TR 7 BLOCK F: 7 LOTS, 1-7, +1.8 AC.

TR 8 BLOCK F: 4 LOTS, 8-11, +1.1 AC.

TR 9 BLOCK C: 2 LOTS, 11 & 12, +0.46 AC.

TR 10 BLOCKS D & E: 8 LOTS, +7.2 AC.

TR 11: +8 AC.

 

Auction Held at RARE Auction Center:
4000 Olivet Church Road
Paducah, KY 42001

Terms of Auction: 15% Deposit day of auction; balance within 45 days. A 10% Buyer’s Premium will be added to the final bid(s) and included in the total contract price(s). Survey fees split 50/50 between Buyer(s)/Sellers. Auction held at RARE Auction Center: 4000 Olivet Church Road, Paducah, KY. *Auctioneer’s note: All homes must be built above the 336 contour line.

 

 

Attention Investors, Contractors, and Developers!

 

Tuesday Afternoon on May 23rd at RARE Auction Center, located at 4000 Olivet Church RD, Paducah KY, 42001

We’re selling 51 Lots of the Wilmington-Chiles Subdivision,

a development site of the late B. G. Waid.

Due to his vision and success, there are ±60 homes in the subdivision. However, due to his health, he was never able to complete his dream for this outstanding project.

Most of the basics are here. Engineering with completed plats and restrictions, finalized years ago. Some plots already have city water installed. Some have roads in place currently. Multiple lots are above the 336 contours, but others will need to be filled to the proper elevation before construction on a home may begin.

No other project/subdivision allows modestly priced homes (the demand is soaring!) available in the county. Certainly not within 3 to 4 miles of Kentucky Oaks Mall! A total of ± 26 acres are offered in 11 tracts, separate and combined, most are from 5 to 9 lots. Some smaller plus two larger acreage tracts. See our website for details:

RAREAuctions.com • (270) 554-5212

 

Travel Cairo RD to the left, just past Pugh’s Midway, ± 1-mile distance from the auction site on the right, with signs posted.

Terms of Auction: 25% deposit day of Auction; balance within 45 days. A 10% Buyer’s Premium will be added to the final bid(s) and included in the total contract price(s). Survey fees split 50/50 between Buyer(s)/Sellers.