Blackwell Realty And Auction

 

Date(s) 5/1/2024 - 5/18/2024

Online and Live Bidding

Past Auction
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Bidding Notice:

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Auction Notice:

Please note that this is a non contingent transaction. Please get your finances in order. This auction is not contingent on financing, inspection or appraisal. Buyers can certainly have all of this done but must close within 30 days of the auction.

Auction Information
Name 19.5+/- Acres Commercial Agriculture Property Watsonville, C
Auctioneer
Type Live Webcast Auction
Date(s) 5/1/2024 - 5/18/2024
Auction Date/Time Info
Online and Live Bidding
Preview Date/Time Contact Project Manager Christine Sawyers at 615-995-5095 for showing instructions and additional information.
Checkout Date/Time Winning Bidder to provide $100,000 Nonrefundable downpayment at completion of auction.
Location
Buyer Premium 10% Buyer's Premium
Description
MAY 18th 10am PST or Bid Online at www.bidblackwell.com Rare Cannabis/Agriculture Investment Opportunity in Desirable Santa Cruz County California Don't miss this exceptional land-backed investment opportunity in the heart of California's central coast! Up for auction is the highly desirable 650 Buena Vista Dr property in Watsonville, California. Property is located in Santa Cruz County, California. This 19.5-acre commercial agriculture parcel is improved with a massive nursery facility totaling 220,000+/- sq ft of enclosed greenhouse space, 280,000+/- sq ft of shade houses/canopies, manufactured home and an uninhabitable dwelling. The nearly level topography allows the entire usable site to be put to productive use.With its excellent central coast location just outside Watsonville, this turnkey cannabis operation represents a rare opportunity to invest in a thriving and highly lucrative industry. The property's massive scale and top-notch improvements make it an ideal purchase for cannabis and agriculture entrepreneurs or investors alike. Don't miss your chance to get in on this one-of-a-kind land-backed investment! Online bidding, property information packages and additional details available at www.bidblackwell.com. Agents that are representing a pre-registered winning bidder will receive a 3% commission. Follow the link below to register your buyer. Contact Project Manager Christine Sawyers at 615-995-5095 for showing instructions and additional information. https://blackwellrealtyandauction.com/wp-content/uploads/BW-Broker-Participation-Form.pdf Join us for the simulcast auction on May 18th at 10am PST with bidding available both live on-site and online. Be prepared to bid aggressively! Auction is being conducted in compliance with Section 2328 of the Commercial Code, Section 535 of the Penal Code, and the provisions of the California Civil Code Sec. 1812.600a. Shane McCarrell, Principal Auctioneer Bond filed with California Secretary of State Bond #108038589. Phone contact 931-302-4717, 10% Buyers Premium applies. Broker facilitating real estate transaction Neil David Brandom #01707553.
Welcome to the Auction, we hope you enjoy your experience. Please take a moment and read our terms and conditions. If you have questions regarding these terms, please call our office or speak with our staff on the ground on auction day. If you are being represented by an agent, we are paying broker participation IF your agent registers using the broker participation form available on the auction site. Please note that all broker participation forms must be filled out completely and received no later than 48 hours prior to the close of the auction. Broker participation is 3% of the winning bid. Example: Winning bid of $100,000 = $3000 broker participation paid to the broker at closing. This property will be sold subject to the owner's confirmation, which means the owner has the ability to reject or accept the final bid. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. The successful high bidder on this property will be required to sign a Real Estate Purchase & Sale Agreement, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make a nonrefundable deposit $100,000. Payment may be made by personal check; cashier's check, wire transfer or cash. The balance is to be paid in full at closing within 30 days. Current taxes will be prorated at the date of closing. Seller will provide the deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs will be paid by the buyer. Buyer is to obtain their own financing but the auction is not contingent upon it. The contract will not be contingent upon financing, inspections or any other contingencies. Auction and its auctioneers and agents are representing the sellers as the sellers' agents. Blackwell Realty and Auction gives notice that the auctioneer or agent can bid on behalf of the seller up to the reserve price. All properties are sold "AS-IS, WHERE-IS and WITH ALL FAULTS," without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder's behalf. All measurements, square footage and age are approximate and not guaranteed. Seller and or agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify all information to their satisfaction prior to bidding. Bidder understands and agrees that this agreement and all rights of the parties there-under, shall be governed by the laws of the County of Santa Cruz, State of California and any action brought by either party shall be brought in the Courts of the State of California. In the event, that for any reason, the forum is deemed to be sufficiently inconvenient or the agreement on the forum selection is unenforceable it is still the intention of the parties that the Laws of the State of California govern the parties agreement and their rights attended thereto. If you are bidding online, please note, the auctioneer may without notice, withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. In an online only auction bids that are placed within the last minute, will cause bidding to automatically extend to prevent bid sniping. Payment must be made within 48 Hours after you are the winning bidder. Blackwell Realty & Auction will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 25,000.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium
Payment Terms
10% Buyers Premium added to high bid to determine contract price. Winning Bidder to provide $100,000 Nonrefundable downpayment at completion of auction. Balance due at closing no later than 30 days from conclusion of auction. Purchase and Sale agreement to be executed immediately following the auction. Wire Transfer or verified bank check
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