Offered at absolute auction with an opening bid of only $250,000!!
Property to be sold at Absolute Auction with the minimum opening bid of $250,000.00!!
Great Location at 6960, 6972, and 7008 Telegraph Road, St Louis County, 63129
9.35 acres offered all in one parcel!!
Location only 4.8 miles from I-255
595’ of Telegraph Road frontage
595.82’/260.71’/ x 976.59’/ 857.39’
Generally level at Telegraph falling off to the south
Zoning and Permitted Uses: R-2 Residential-Planned Environment Unit P.E.U. Development per ordinance 22,396, allowing for 23 detached single family residences on individual lots with a minimum lot size of 8,500 SF. Multiple family developments would require rezoning.
School District: Subject property is located in the Mehlville School District and is served by the following schools: Point Elementary, 6790 Telegraph Road, Oakville Middle, 5950 Telegraph Road, Oakville Senior High, 5557 Milburn Road.
Terms and Conditions: Property will sell “As Is, Where Is.” with the opening bid of
$ 250,000.00. The successful high bidder on the real estate will be required to deposit 10% down on sale day in non-refundable U. S. funds, with the balance due upon closing within 35 days and sign the basic contract of sale provided at time of sale. The seller, Farmers and Merchants Bank, St. Clair, MO, will provide a clear insurable title at the time of closing. All property dimensions are only approximations. Buyers shall rely entirely on their own information, judgment, and inspection of property and records. Not Responsible for accidents. Announcements made day of auction supersede printed material.
Payment Terms:
CASH, CREDIT CARDS. CHECKS WITH PRIOR APPROVAL FROM AUCTIONEER. WE ACCEPT MASTER CARD, VISA, DISCOVER CARD, AMERICAN EXPRESS AND DEBIT CARDS ACCEPTED. ALL CARD PAYMENTS WILL REQUIRE A 3% PROCESSING FEE. NOTE: M R CLARK AUCTION AND STAFF, WILL NOT BE HELD LIABLE IF THE ELECTRONIC CARD READING SYSTEM IS UNABLE TO READ OR PROCESS YOUR CARD FOR ANY REASON. YOU WILL NEED TO PRESENT CASH
Auctioneer's note:
As always, we appreciate your attendance! Mike, Julie and the Whole Auction Team.