Commercial Property Auction Details

2 Sammons Lane, Buford, WY 82052
2 Sammons Lane, Buford, WY 82052
Auctioned: 2:00 PM EDT Thursday, April 5, 2012
 
2 Sammons Lane, Buford, WY 82052

The Buford, Wyoming auction represents a unique opportunity to acquire an entire town, along with the Buford Trading post, an income-producing convenience and fuel store. Included in the auction are 10+/- acres of land, five buildings, United States Post Office Boxes, inventory, furnishing, tools, plow and 3 vehicles. There is also a Union Wireless cellular tower with lease, and parking area previously used by an overnight shipping company for night time trailer switches. PropertyID: 330031

If you plan to bid online for real estate through Auction Network you must place a bid deposit of $50,000 with Williams & Williams. Your bid deposit must be received via wire transfer by 12pm CDT on Wednesday, April 4, 2012. You will not be permitted to bid online if your bid deposit is not received prior to this deadline. Please contact Drew Ary at 918.362.7312 to make wiring arrangements.

Auctioned: 2:00 PM EDT Thursday, April 5, 2012

Auction Location: On-Site and Live Online

Nominal Opening Bid: $100,000


Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.

Legal Description: A parcel of land situated in the SW¼ of Section 1, Township 13 North, Range 71 West of the 6th P.M., Albany County, Wyoming, more particularly described as follows: Commencing at the point of intersection of the East boundary line of Section 1 with the Southerly right-of-way line of Interstate 80 from which the Southeast corner of Section 1 bears South 00°57' East, a distance of 1354.05 feet, the point being on a non-tangent curve concave Southerly from which the center bears South 26°04' West, a distance of 7489.44 feet; thence Northwesterly along the Southerly right-of-way of Interstate 80, an arc distance of 2231.97 feet, through a central angle of 17°04'; thence continuing along said right-of-way, tangent to said curve, North 81°00' West, a distance of 518.57 feet to the true point of beginning; thence continuing along the right-of-way North 81°00' West, a distance of 781.43 feet to a right-of-way monument set by the Wyoming Highway Department; thence continuing along the right-of-way, South 79°21' West, a distance of 743.32 feet to a point that is 400 feet from, measured at right angles to, the median line at the center of the interchange structures; thence leaving the rightof- way, and proceeding along a straight line in a Southeasterly direction 713.8 feet, more or less, to a point that bears South 09°00' West, a distance of 385.0 feet from the monument set by the Wyoming Highway Department; thence South 81°00' East, a distance of 781.43 feet; thence North 09°00' East, a distance of 385.0 feet to the true point of beginning. Account/Pin: R0028931 / 13710130001400 Account/Pin: R0003325 / 13710130001300

Disclosures:
Title to the real estate is being conveyed. Personal property may be present and is included in the auction. Removal of personal property remaining on site at the time of closing will become the responsibility of the new owner. Buyer agrees to remediate all necessary repairs and accepts responsibility for all compliance measures required before occupancy. Buyer agrees to assume all liability for any defects of the property, and holds seller harmless for any and all defects thereof. Mineral Rights do not transfer with the property. Zoning/occupancy inspections disclosure. The property may be subject to city/county zoning, use, or certificate of occupancy inspections. Buyer is purchasing the property as-is, where-is, and assumes sole responsibility and expense to obtain said inspection prior to occupancy. Neither seller nor Williams & Williams have any knowledge of any regulatory requirements or how same may impact buyer's intended use of the property. Buyer assumes responsibility for satisfying of all zoning, use, occupancy, and any other regulatory requirements, including all costs and remediation that may be necessary. Wastewater treatment disclosure. The property herein has been reported to have an on-site wastewater treatment system/cesspool/septic tank. Buyer is purchasing the property as-is, where-is with no warranties or assertions by seller, Williams & Williams, or their agents as to the condition thereof. The property may be subject to city/county septic inspections. Buyer agrees to comply with all requirements necessary to complete the inspection and closing, including, but not limited to, obtaining the necessary permits and making arrangements to correct any noted city/county violations at buyers expense. Well potability disclosure. Neither seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition or potability of the well reported to be on this property. Buyer is purchasing the property as-is, where-is. Propane disclosure. Neither seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition of the propane tank or location of lines that may be located on the property herein. Buyer is purchasing the property as-is, where-is, and is responsible for all costs for any required remediation thereto. In the event the propane tank is leased, the buyer is responsible for any and all costs/remediation required for the propane tank, assuming all lease terms, and/or negotiating a new lease agreement for use of any propane tank. Existing license(s) do not transfer. It is the buyer's responsibility to obtain required license(s) for operations: • Gas pumps – Wyoming department of agriculture, 307-777-7324 • Food license – Wyoming department of agriculture, 307-777-3689 • County retail or special malt beverage permit, Albany County, WY, 307-721-5517 Cell Tower - The lease remains with the property. Union holds the rights to any additional party putting anything onto the tower, or in their lease area. However, Union does not have the rights at this time to grant access to/from the tower lease area (para 6), that resides with the property owners. Union could negotiate a set rate for additional collocation to the tower with the new owners, or it would simply be a process of Union bringing the new party to the land owner and they negotiate access rights each and every time. For additional information and to report ownership change, please contact Kevin Kleinsmith, Director of Engineering at kkleinsmith@unionwireless.com , Office: (307) 782-4035. USPS – The lease remains with the property. Please contact Denise Stobbe, 303-227-5642 to change ownership of the property. DEQ – Change of ownership must be completed and submitted to Wyoming Department of Environmental Quality after purchase. Department records reflect that this tank is currently in use. The annual tank fees, in the amount of $200, are due January 1 of each year. For additional information regarding the Storage Tank Program, please contact Karen Halvorsen, PE, at 307-777-7244. Additional information can be found at www.deq.state.wy.us/shwd/stp/

 

Auctioned: 2:00 PM EDT Thursday, April 5, 2012

Auction Location: On-Site and Live Online

Open to the Public: 11am - 2pm Fri, March 16, 23, 30 and two hours before auction.

Disclosures:
Title to the real estate is being conveyed. Personal property may be present and is included in the auction. Removal of personal property remaining on site at the time of closing will become the responsibility of the new owner. Buyer agrees to remediate all necessary repairs and accepts responsibility for all compliance measures required before occupancy. Buyer agrees to assume all liability for any defects of the property, and holds seller harmless for any and all defects thereof. Mineral Rights do not transfer with the property. Zoning/occupancy inspections disclosure. The property may be subject to city/county zoning, use, or certificate of occupancy inspections. Buyer is purchasing the property as-is, where-is, and assumes sole responsibility and expense to obtain said inspection prior to occupancy. Neither seller nor Williams & Williams have any knowledge of any regulatory requirements or how same may impact buyer's intended use of the property. Buyer assumes responsibility for satisfying of all zoning, use, occupancy, and any other regulatory requirements, including all costs and remediation that may be necessary. Wastewater treatment disclosure. The property herein has been reported to have an on-site wastewater treatment system/cesspool/septic tank. Buyer is purchasing the property as-is, where-is with no warranties or assertions by seller, Williams & Williams, or their agents as to the condition thereof. The property may be subject to city/county septic inspections. Buyer agrees to comply with all requirements necessary to complete the inspection and closing, including, but not limited to, obtaining the necessary permits and making arrangements to correct any noted city/county violations at buyers expense. Well potability disclosure. Neither seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition or potability of the well reported to be on this property. Buyer is purchasing the property as-is, where-is. Propane disclosure. Neither seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition of the propane tank or location of lines that may be located on the property herein. Buyer is purchasing the property as-is, where-is, and is responsible for all costs for any required remediation thereto. In the event the propane tank is leased, the buyer is responsible for any and all costs/remediation required for the propane tank, assuming all lease terms, and/or negotiating a new lease agreement for use of any propane tank. Existing license(s) do not transfer. It is the buyer's responsibility to obtain required license(s) for operations: • Gas pumps – Wyoming department of agriculture, 307-777-7324 • Food license – Wyoming department of agriculture, 307-777-3689 • County retail or special malt beverage permit, Albany County, WY, 307-721-5517 Cell Tower - The lease remains with the property. Union holds the rights to any additional party putting anything onto the tower, or in their lease area. However, Union does not have the rights at this time to grant access to/from the tower lease area (para 6), that resides with the property owners. Union could negotiate a set rate for additional collocation to the tower with the new owners, or it would simply be a process of Union bringing the new party to the land owner and they negotiate access rights each and every time. For additional information and to report ownership change, please contact Kevin Kleinsmith, Director of Engineering at kkleinsmith@unionwireless.com , Office: (307) 782-4035. USPS – The lease remains with the property. Please contact Denise Stobbe, 303-227-5642 to change ownership of the property. DEQ – Change of ownership must be completed and submitted to Wyoming Department of Environmental Quality after purchase. Department records reflect that this tank is currently in use. The annual tank fees, in the amount of $200, are due January 1 of each year. For additional information regarding the Storage Tank Program, please contact Karen Halvorsen, PE, at 307-777-7244. Additional information can be found at www.deq.state.wy.us/shwd/stp/

 

Disclosures:
Title to the real estate is being conveyed. Personal property may be present and is included in the auction. Removal of personal property remaining on site at the time of closing will become the responsibility of the new owner. Buyer agrees to remediate all necessary repairs and accepts responsibility for all compliance measures required before occupancy. Buyer agrees to assume all liability for any defects of the property, and holds seller harmless for any and all defects thereof. Mineral Rights do not transfer with the property. Zoning/occupancy inspections disclosure. The property may be subject to city/county zoning, use, or certificate of occupancy inspections. Buyer is purchasing the property as-is, where-is, and assumes sole responsibility and expense to obtain said inspection prior to occupancy. Neither seller nor Williams & Williams have any knowledge of any regulatory requirements or how same may impact buyer's intended use of the property. Buyer assumes responsibility for satisfying of all zoning, use, occupancy, and any other regulatory requirements, including all costs and remediation that may be necessary. Wastewater treatment disclosure. The property herein has been reported to have an on-site wastewater treatment system/cesspool/septic tank. Buyer is purchasing the property as-is, where-is with no warranties or assertions by seller, Williams & Williams, or their agents as to the condition thereof. The property may be subject to city/county septic inspections. Buyer agrees to comply with all requirements necessary to complete the inspection and closing, including, but not limited to, obtaining the necessary permits and making arrangements to correct any noted city/county violations at buyers expense. Well potability disclosure. Neither seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition or potability of the well reported to be on this property. Buyer is purchasing the property as-is, where-is. Propane disclosure. Neither seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition of the propane tank or location of lines that may be located on the property herein. Buyer is purchasing the property as-is, where-is, and is responsible for all costs for any required remediation thereto. In the event the propane tank is leased, the buyer is responsible for any and all costs/remediation required for the propane tank, assuming all lease terms, and/or negotiating a new lease agreement for use of any propane tank. Existing license(s) do not transfer. It is the buyer's responsibility to obtain required license(s) for operations: • Gas pumps – Wyoming department of agriculture, 307-777-7324 • Food license – Wyoming department of agriculture, 307-777-3689 • County retail or special malt beverage permit, Albany County, WY, 307-721-5517 Cell Tower - The lease remains with the property. Union holds the rights to any additional party putting anything onto the tower, or in their lease area. However, Union does not have the rights at this time to grant access to/from the tower lease area (para 6), that resides with the property owners. Union could negotiate a set rate for additional collocation to the tower with the new owners, or it would simply be a process of Union bringing the new party to the land owner and they negotiate access rights each and every time. For additional information and to report ownership change, please contact Kevin Kleinsmith, Director of Engineering at kkleinsmith@unionwireless.com , Office: (307) 782-4035. USPS – The lease remains with the property. Please contact Denise Stobbe, 303-227-5642 to change ownership of the property. DEQ – Change of ownership must be completed and submitted to Wyoming Department of Environmental Quality after purchase. Department records reflect that this tank is currently in use. The annual tank fees, in the amount of $200, are due January 1 of each year. For additional information regarding the Storage Tank Program, please contact Karen Halvorsen, PE, at 307-777-7244. Additional information can be found at www.deq.state.wy.us/shwd/stp/

 
Auction Network Terms & Conditions of Service

Auction Network, LLC
Terms & Conditions of Service

The property is offered for auction by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service, and the Auction Network Terms of Use located at the following URL: <http://www.auctionnetwork.com/TermsOfUse,> as amended from time-to-time by posted notices or oral announcements made during any auction.

Williams & Williams serves as the auctioneer, and represents the owner of the property at auction. The auction and conveyance of each property shall be governed by property specific Contract for Sale, Sale Day Notes, Disclosures, and the Williams & Williams Terms & Conditions of Sale. These documents govern your bid and the sale of each property, and can be accessed and reviewed at the Williams & Williams property specific web page.

DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, and the Sale Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, SALE DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Auction Network, Williams & Williams, and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation' the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale, the Williams & Williams Terms & Conditions of Sale shall control in each instance.

Auction Network has no authority to, and does not provide, any guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale, all properties auctioned are otherwise sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the respective seller, and with no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at this auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.

Any property may be withdrawn by Auction Network or Williams & Williams at any time before the actual sale without any liability therefore. If the auctioneer determines that any opening bid is not commensurate with the value of the article offered, he or she may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he or she decides that any advance thereafter is insufficient, he or she may reject such advance.

These Auction Network Terms & Conditions of Service, Terms & Conditions of Use, Williams & Williams' Terms & Conditions of Sale, as well as the online buyer's rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. By bidding at this auction, whether in person or by agent, order bid, telephone, online, or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the state and federal courts sitting in the State of Oklahoma.

You are registering to bid on the following properties, and as stated above, your bid, and the sale of the property, will be governed by the property specific Williams & Williams Contract for Sale, Disclosures, Sale Day Notes, and Terms & Conditions of Sale. Each of these documents are available for your review at the Williams & Williams property specific web page. DO NOT BID UNLESS AND UNTIL YOU REVIEW THESE DOCUMENTS. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, SALE DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Williams & Williams Terms & Conditions of Auction
2 Sammons Lane, Buford, WY 82052

Registration at the commercial auction finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. DO NOT BID unless you have registered and received a Bidder's Card and Sale Day Notes and agreed to be bound by the terms of sale in the Contract as they are final upon you becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing on the property will only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in Disclosures). Current year's taxes are pro-rated through day of closing as customary.

A Buyer’s Premium of 3% ($2,500 minimum) will be added to each high bid and included in the total purchase price.

If you plan to bid online for real estate through Auction Network you must place a bid deposit of $50,000 with Williams & Williams. Your bid deposit must be received via wire transfer by 12pm CDT on Wednesday, April 4, 2012. You will not be permitted to bid online if your bid deposit is not received prior to this deadline. Please contact Drew Ary at 918.362.7312 to make wiring arrangements. In the event you are not the high bidder, your Bid Deposit will be refunded in total within 48 hours of conclusion of the auction (excluding weekends and holidays), without interest. Please see Property Information Packet for additional information.

Each high bidder must make a 10% ($2,500 MINIMUM - whichever is greater) non-refundable deposit per property immediately following auction. Cash, cashier's checks, personal checks and business checks (electronically processed) are accepted. The balance of the purchase price and all closing costs are due within 30 days. Closing costs generally total approximately $1,500 and include, but are not limited to, title exam, title policy, closing fee and filing costs.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders as specified in 21 NCAC 4B. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Do not inspect properties and/or attend an auction except at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damages to their person or property while in, on or about these properties, nor shall they be liable for hidden defects, dangers or conditions. All persons shall be on the premises at their own risk and shall defend, indemnify, and save harmless Broker and Seller from any and all liability attendant thereto.

All auctions are subject to court or seller approval. Most sales are approved within 7 business days. Buyers are not allowed possession until filing of the deed, at which time the property should be re-keyed.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Potential purchasers are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the seller or their agents. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

Auction Network
TERMS & CONDITIONS OF SERVICE

The property offered in this auction will be offered and sold by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service, and the Auction Network Terms of Use located at the following URL: http://www.auctionnetwork.com/Site/TermsOfUse.asp, as amended from time-to-time by posted notices or oral announcements made during any auction.

Williams & Williams serves as the auctioneer, and represents the owner of the property at auction. The auction and conveyance of each property shall be governed by property specific Contract for Sale, Sale Day Notes, Disclosures, and the Williams & Williams Terms & Conditions of Sale. These documents govern your bid and the sale of each property, and can be accessed and reviewed at the Williams & Williams property specific web page.

DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, and the Sale Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, SALE DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Auction Network, Williams & Williams and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation, the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale, the Williams & Williams Terms & Conditions of Sale shall control in each instance.

Auction Network has no authority to, and does not provide, any guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale, all properties auctioned are otherwise sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the respective seller, and with no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at this auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

Property
2 Sammons Lane
Buford, WY 82052
Directions From
To

* Address placement is approximate


Property Is Being Offered By:
Williams & Williams
7120 S. Lewis Ave Ste 200
Tulsa, OK 74136
WY Broker:
Dean C Williams Re Lic 11732
Williams & Williams Re Lic 163500

Please enter your information to send information about this auction to a friend.

Send To Email: Your Name: Comment (Max 140 characters):

You have been signed out due to inactivity, please sign in again.

Email: (case sensitive) Password: (case sensitive)