For Auction
Absolute Auction
First bid meets reserve
Asset Snapshot
Offering Summary
Cushman & Wakefield and RealINSIGHT Marketplace are pleased to present an Absolute $1 Auction: 33,350 SF Outparcel (The "Property"), a 0.76 AC outparcel located in the commercial corridor of Sedalia, Missouri. The Property is situated along Westwood Avenue with 145 feet of frontage in the robust commercial hub of Sedalia which features an abundance of national retailers (Walmart, JCPenney, Tractor Supply, Panera), hotels (Hampton Inn, Holiday Inn), and more. New ownership will have the ability to pursue a development strategy with the option of ground leasing to a prospective tenant to secure long-term cash flows. The subject property is currently owned by a publicly-traded financial institution with a strong motivation to sell at a low cost-basis with no reserve price as an absolute auction.
The city of Sedalia features a total population count of 2,979 (1 mile), 18,975 (3 miles), and $57,671 (5 miles) while the average household income is $51,574 (1 mile), $58,477 (3 miles), and $57,671 (5 miles). The largest industries in the city of Sedalia is comprised of Manufacturing, Healthcare & Social Assistance, and Retail Trade while the highest paying industries are Transportation, Housing, & Utilities based on information provided by the United States Census Bureau.
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Buyer pays a minimum platform fee of 5% or $20,000 at closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
