ABSOLUTE LIVE/ONLINE AUCTION
5.716 ACRES IN 3 TRACTS
& 3 COMMERCIAL BUILDINGS
FRIDAY, MAY 9TH @ 1:30 P.M.
317 OLD US HWY 127 LOOP, STANFORD, KY
Selling at absolute auction is the commercial property of Tri-county Cabinets. Property is located at the junction of Knob Lick Rd. & Hwy 2141(Old US Hwy 127). 3 miles south of Danville bypass and ¼ mile east of 127. Exceptional property at a great location.
TRACT 1D is 1.149 acres and has a 84’ x 40’ shop building. Building has office, bath and lofts on each side of building. Approximately 0.1 acre of this tract is located in Boyle County. 100’ of road frontage on Hwy 2141
TRACT 1E is 2.489 acres and 2 warehouses. One warehouse is 82’ x 40’ and the other is 120’ x 40’ w/ attached 14’ x 100’ shed. Both warehouses have overhead doors, lights and concrete floors. Lights have been upgraded to a modern system with high output and automatic timers. Both have lofts for additional storage. Road frontage of 177' on Hwy 2141.
TRACT 1F has 1.987 acres and fronts Knob Lick Rd. for 135’ Approximately 0.93 acre of this tract is located in Boyle County.
Real Estate is being sold with no deed restrictions. Survey with certificates of approval has been recorded in both Lincoln and Boyles counties. Property is not on sewer.
PREVIEW: Friday, April 25th & Thursday, May 8th from 3-5 p.m. & Friday, May 9th from 10:30 a.m.- sale time.
MULTI-PARCEL AUCTION: The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers. This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.
AUCTION PREMIUM: A 10% Auction Premium will be added to the winning bid to determine the final sale price.
TERMS: 20% down due day of sale, with balance in 30 days with deed. Online winner: 20% down due within 48 hours of close of bidding, with balance in 30 days with deed.
Auctioneer/Broker/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its ‘as-is’ condition with no warranties expressed or implied.
Paul Playforth, Auctioneer
Sam Ford, Auctioneer
Auction Premium: There will be a 10% Auction Premium added to the winning bid. The sum of the winning bid plus the Auction Premium will be the sales price. Example: Bid Price $100,000 plus $10,000 (10% buyer’s Fee) equals purchase price of $110,000.
EARNEST MONEY: 20% of the total sale price down as a non-refundable earnest money at the close of the auction. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 30 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate.
MULTI-PARCEL AUCTION: The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers. This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.
This auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Contract for Sale of Real Estate.
GOOD INSURABLE GENERAL WARRANTY DEED AT CLOSING.
REAL ESTATE TAXES AND CLOSING COSTS: All real estate taxes will be prorated for 2025. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan. The seller will pay for deed preparation and deed tax.
MULTI-PARCEL "SIMULCAST" LIVE & ONLINE AUCTION INSTRUCTIONS/TERMS:
Ford Brothers, Inc. Online Auctions are timed events, so time is of the essence. At Ford Brothers Multi-Parcel auctions, to bid you must proceed to the catalog. Inside the catalog, you will need to bid on individual tracts of property, until combinations have been enabled. If you wish to bid on a combination of tracts, we suggest that you do not bid on individual tracts, because you can be placed in the lead on an individual tract of property at any time during the auction. Please check for announcements and notes from the software auctioneer in charge. There is NOT a max bid feature via the multi-parcel online auction platform. There are lots of announcements and warnings during auction, giving each bidder fair warning the auction will be closing. Please place bids in a timely manner. If you have any questions about bidding in the Multi-Parcel Simulcast format, be sure to give us a call at 606-256-4545.
SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Ford Brothers, Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor FORD BROTHERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Ford Brothers, Inc.
For more details, contact us today!