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Industrial Lot, Worthing, South Dakota
Selling On Our
UNRESERVED ONLINE AUCTION
May 13, 2025
Bidding opens April 29, 2025, and ends May 13, 2025, at 11:00 a.m. Central
Description: This lot features 2 approaches off 1st Street (SD Hwy 44) on the east edge of Worthing, SD. There is a street curb between the 2 approaches and electricity on the tract. It is 29,185 square feet with 450+ feet of street frontage. It is zoned as Heavy Industrial.
The bidding increments will be $500/per bid, the total price will be the highest bid. The Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Subject Property
East 1st Street
Worthing, SD
BigIron Realty Agents will be at the property on May 13, 2025, from 9:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the property. BigIron Realty Representatives will be there to assist buyers with registering to bid online. You do not have to be present to bid online, but you are required to be available by phone.
BIDDING PROCESS: You may place bids on this property for 14 days beginning April 29, 2025, and ending May 13, 2025, at 11:00 a.m. Central. This unreserved online auction features bidding extensions. The closing time will be automatically extended when a bid is received in the last 5 minutes and will close when there is no bid for 5 minutes. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.
Legal Description: Lot 2, Railroad Addition, City of Worthing, Lincoln County, SD.
2024 Taxes: $259.00
Location: 1st Street, Worthing, SD
Owner: Gearey’s Auto Sales of Worthing
For more information, contact listing agent:
Brad Otte (605) 685-5716
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to the Stewart Title Co., Sioux Fall, SD. The earnest deposit can be made by a personal check, company check, or by wire transfer. The balance will be due at closing on or before June 13, 2025. The seller will provide marketable title to the buyer evidenced by title insurance; the title insurance and closing costs will be split between the seller and buyer. The 2024 real estate taxes will be paid by the seller and the 2025 taxes will be prorated to the day of closing. Property will not be sold subject to financing. Bidding increments may be changed at the discretion of the Real Estate Agent. Please have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.
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Terms
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to the Stewart Title Co., Sioux Fall, SD. The earnest deposit can be made by a personal check, company check, or by wire transfer. The balance will be due at closing on or before June 13, 2025. The seller will provide marketable title to the buyer evidenced by title insurance; the title insurance and closing costs will be split between the seller and buyer. The 2024 real estate taxes will be paid by the seller and the 2025 taxes will be prorated to the day of closing. Property will not be sold subject to financing. Bidding increments may be changed at the discretion of the Real Estate Agent. Please have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.