Bankruptcy Auction – Income Producing Residential Home

Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas.

Nestled in a serene neighborhood near Broadway St, this charming single-story residence boasts 1,475 SF with 3 bedrooms and 2 bathrooms. Featuring a spacious kitchen, a cozy living room addition, and tile floors throughout, this home offers comfort and convenience. Complete with a two-car detached garage, this property is currently leased for $1,350 a month on a month-to-month basis. Built in 1962, this home provides a tranquil retreat for its occupants.


Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the U.S. Bankruptcy Court, Southern District of Texas, Case No. #24-31454
6% Buyers Premium and other terms apply
Online bidding ends October 9th at 2:00 pm CT
Inspection: October 2nd at 1:00pm CT
Property Address: 727 S. Iowa Street, LaPorte, Texas 77571

Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com

Absolute Auction – 114+/- Acres Commercial & AG Land

Commercial/Investment Land Sizes:

Total of 6.018 Acres +/- Commercial Development Land

- Lot 2: 1.748 Acres
- Lot 3: 1.258 Acres
- Lot 4: 1.542 Acres
- Lot 6: 1.470 Acres


Features:
Four Outstanding Commercial Road-Frontage Parcels at Signalized Corner
Only 2 minutes South of I-44 & Hwy 109 Intersection
900+ Residential Homes recently Built across Hwy. W
Located in the Path of Progress with Great Visibility & Access to Hwy W & Hwy 109
Graded Commercial Building Sites - Utility Services Available
Perfect for Owner-User, Build to Suit or Investment Buy & Hold!
All Access Roads, Curb Cut Entrances & PUD in Place-Numerous Uses
Buy a single Lot, Several Parcels or the Entire Development at Your Price!
Existing BP Station Anchor Already in Operation on Lot 5
Fast Growing Suburb in St. Louis Metro Area - $78,000 household income (2022)
Partnership Sale & Liquidation of Assets! Everything Sells to the Highest Bidder!


Agricultural Land Tract Sizes:

Total of 108 Acres +/- Agricultural Land in 3 Parcels

- Lot 7: 41.257 Acres
- Lot 8: 52.31 Acres
- Lot 9: 14.50 Acres
Highly Productive Agriculture Crop Land
Predominantly Freeburg Silt Loam, Horsecreek Silt Loam & Gabriel Silt Loam Soil Types
Currently Leased through end of Season/2024
Water/Irrigation Available & Hwy W Access to Each Parcel
Parcels ideally Located to Service the Expanding South Eureka Area
Future Development Potential for the Savvy Purchaser
Buy One Tract or Combine to Your Needs at Your Price!
All Lots are Located in Jefferson County with Low Taxes & Numerous Uses!


Property Description: This outstanding offering of street level Commercial Building Sites and over 108 acres of Prime Agricultural and potential Future Development Land is selling at No Minimum – No Reserve Absolute Auction through Online Only Bidding!


This 114+/- Acres is superbly located for immediate development of the remaining four commercial parcels with frontage along busy Hwy. 109 & Hwy. W just south of Eureka, Missouri! The signalized intersection has over 900 new residential homes constructed directly across Hwy. W and is only two minutes from Interstate 44 with nearby access to all of the St. Louis Metropolitan Area.


Investors, Commercial Developers, Brokers, Business Owners and Farmers Take Notice this is a Rare Opportunity to bid on and purchase premier land that is immediately ready for build to suit or owner users in the rapidly growing Eureka and Jefferson County Missouri marketplace! Property will be offered in seven separate parcels with combinations of the commercial tracts and agricultural parcels, Buy One Lot, Several Tracts or the Entire Property!


Tranzon Asset Advisors, Edward Durnil, MO Auctioneer #844 /Vance Luksetich, Broker #2004015243
10% Buyers Premium and other terms apply
Online bidding ends November 13th at 2:00 pm CT
Property Address: Highway 109 & Highway W, Eureka, Missouri 63025
Contact Vance Luksetich at 618-830-9091 or vancel@tranzon.com