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UPSET BID PERIOD - Current Bid is $8,500.00 - House & Lot in Grimesland, NC
October 22, 2018
AUCTION - 10/24/18 - 64+/- Acres near Black Jack, NC
October 24, 2018
UNDER CONTRACT - 7+ Acre Commercial Property with 4,000 SF Building in Aulander, NC
October 31, 2018
AUCTION - Wreckers, Rollbacks, Trucks, Appliances, Home Repair Materials, Computers, Printers, Furniture & More
November 16, 2018
FOR SALE - Beautiful waterfront home on the Pamlico River
December 30, 2018
FOR SALE - Convenience Store/Grill in Williamston, NC
December 31, 2018
FOR SALE - 1.7+/- Acre Commercial Property in Robersonville, NC
December 31, 2018
New Hanover County
EXPIRED - FINAL BID $303,876.56 - Commercial Real Estate in Wilmington, NC
This auction is the "Foreclosure Sale" of a commercial property located at 2012 Castle Hayne Road in Wilmington, NC. The auction will be held live on the Courthouse steps of the New Hanover County Courthouse located at 316 Princess Street in Wilmington, NC. This auction is the "Foreclosure Sale" and is subject to all North Carolina General Foreclosure Statutes including a 10-day bid period.
THE CURRENT HIGH BID OF $303,876.56
(10) DAY UPSET BID PERIOD ENDED 10/15/18 AT 5:00 PM
FILE NUMBER 17-SP-540.
This 2.78+/- acre property is located on the corner of Castle Hayne Road (Hwy 133) and Spring Road on the north side of Wilmington near the airport between I-140 and the new Martin Luther King Jr. Parkway (Hwy 74). The property has frontage on both roads, with the main access being through several drives on the Castle Hayne Road side. There are two commercial buildings on the property along with a large covered canopy and lots of open and fenced storage spaces. The facility is currently being utilized as the home of a large wrecker/towing & recovery and repair company.
This building (left side facing property) appears to be all steel construction with an office area of approximately 900 square feet on the front, an enclosed shop area of approximately 2,000 square feet directly behind the offices, and a second shop/storage are of 2,500 square feet behind the first shop. There is also a large covered shelter area at the very rear of the building. All of this appears to have been built as a garage/repair building, possibly at different stages, but all modern.
This building (right side facing property) appears to be a mixed masonry/steel/wood building with an approximate 675 square foot office area and an approximate 1,000 square foot shop/repair area. There is a large approximate 1,280 square foot raised canopy on the front of the building. This appears to have been originally constructed as a garage/repair facility.
The land is approximately 2.78 acres that contains both the above listed buildings. The property has approximately 360' of frontage on the front along Castle Hayne Road with multiple driveway entrances. There is approximately 170' of frontage along Spring Road on the left hand side of the property. The rear and right side of the properties adjoin other parcels. The majority of the property is fenced with some open parking areas in the front. The PID number is R04100-002-003-000. The MAPID is 312914.43.8262.
For maps, drawings, tax data, and other files associated with this auction, please “click” on the MAPS & BROCHURES button below. The first file should open automatically; all additional files can be viewed by opening the small folder of files that appears in the lower left corner of the new information bar that appears at the bottom of the screen. Just “click” to open that folder and a list of all available pdf files will appear for you to view, download, or print. If you have any problems viewing the pdf files, please contact us so we can email you those files directly.
TERMS – This auction is a “FORECLOSURE” auction and is subject to all North Carolina General Foreclosure Statutes. The property is being sold subject to all matters of tax, title, and survey. . A 5% deposit or $750.00 deposit, WHICHEVER IS GREATER, is required at time of sale. The sale is subject to all North Carolina Foreclosure General Statutes including a “(10) DAY UPSET BID PERIOD”, meaning that the last and final bid at the auction is recorded with the Clerk of Court for the county that the property is located in and held open. Anyone can contact the Clerk’s office and raise the bid during the raise period. All raises made after the close of the auction must be of at least 5% of previous recorded bid and must be made through the Clerk’s office. Each time the bid is raised, the (10) day “upset bid period” starts over. This process continues until there have been no raises. At that time, the file is sent to the Clerk for the confirmation process. Once confirmed, the high bidder will have (30) days to close on the property. There is “NO BUYER’S PREMIUM” or additional buyer fees charged by the auction company. The Buyer should inspect the property prior to bidding and do any and all research they deem necessary. Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities.