115± Acres - Co. Rd. 8, Cloverdale Community - Lauderdale County, AL

Farmland - Investment Property

AUCTION

Saturday – March 30th, 2019 – 10:00 A.M.

113± Acres – 4 Tracts

Middle Cypress Creek Farm

Co. Rd. 8 – Cloverdale Community

Lauderdale County, Alabama

Auction Site: Auction will be conducted on premises. In case of inclement weather, auction will be conducted at Cloverdale Community Center (17420 Co. Rd. 8, Florence, AL 35633)

Directions: From the intersection of Cox Creek Pkwy (AL-133) and Cloverdale Rd (AL-157) in Florence, go north on Cloverdale Rd for 9 miles. Turn left on CR-8 and go 0.3± mile to property on both sides of road.

Real Estate: This 113± acre farm has been in the McCorkle family for generations. Located in the heart of the Cloverdale Community, this property lies just minutes from the city of Florence. The farm fronts both sides of County Road 8 and borders 703± feet along Middle Cypress Creek. Per FSA records, the farm consists of 71± acres of cropland with a 16± acre generic (cotton) base (573 lb. yield), a 6± acre wheat base (62 bu. yield), an 18± acre corn base (105 bu. yield) and a 6± acre soybean base (40 bu. yield). This farm offers an excellent opportunity for investment in the Cloverdale community. The property will be offered in two parcels with each parcel being a final sale.

Parcel A – 62.92± acres fronting 733± feet along CR-8. This parcel consists of approximately 39 acres of open land. Middle Cypress Creek borders the eastern boundary of this parcel. Parcel A will be offered in two tracts and again as one unit as a final sale.

     Tract A1 – 31.48± acres fronting 366± ft along CR-8 and 327± ft along Middle Cypress Creek.

     Tract A2 – 31.44± acres fronting 366± ft along CR-8 and 375± ft along Middle Cypress Creek.  

Parcel B – 50.52± acres fronting 1,429± feet along CR-8. This parcel consists of approximately 30 acres of open land. There is an old barn located on this parcel. Parcel B will be offered in two tracts and again as one unit as a final sale.

     Tract B1 – 21.50± acres fronting 356± ft along CR-8.

     Tract B2 – 29.02± acres fronting 1,072± ft along CR-8.

          Tract B2-1 – 2.00± acres fronting CR-8 that will be conveyed to the Purchaser of Tract B2 by quit-claim deed without title insurance.

Seller: Brad McCorkle

Terms: 10% down payment on day of sale. Balance due upon delivery of deed within 30 days from day of sale. Possession upon delivery of deed. Seller will furnish survey, deed and owner’s title insurance. Survey plat prepared by White, Lynn, Collins, & Associates, Inc. Seller reserves the right to accept or reject any and all bids.

All information contained herein is believed to be correct, but not guaranteed. Announcements made by the Auction Company day of sale supersede any printed material.

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