Arizona Land

Combo Property OverviewVail, AZ-Site 1-Property OutlineVail, AZ-Site 2-Property OutlineProperty MapDistance to Tucson
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    Dollar Amount

    N/A

    Bid Deadline

    12/1/2017
    Auction

    Other / Land
    Vail, AZ

    389 Acres

    Highlights

    BANK DIRECTED SALE 
    Two Prime Development Sites off I-10
    18 miles SE of Tucson, Arizona

    PUBLISHED RESERVES AS LOW AS $2,000 PER ACRE!

    Parcels Sold Individually 

    13500 E. BENSON HIGHWAY - Site 1 (291.78 AC)
    Previously Listed At 10,000/AC
    Low Published Reserve: $3,500/AC

    -6,500 ft of frontage on I-10
    -Available in separate parcels or its entirety
    -Zoning: CI-1 Pima County Developmental Standards
    -All Utilities Available: electric, water, gas, sewer

    14200 E. SUCCESS ROAD - Site 2 (97.48 AC)
    Previously Listed At 10,000/AC

    Low Published Reserve: $2,000/AC

    -Rail Access Potential
    -Zoning: CI-1 Pima County Developmental Standards
    -All Utilities Available: electric, water, gas, sewer

    Traffic Counts
    I-10/Mountain View-Sonoita Hwy: 31,984 VPD
    I-10/S. Sonoita Hwy NW: 27,000 VPD

    Demographics
    Population Growth (2010 - 2017)
    1 mile - 6.04%     |    3 miles - 7.29%    |    5 miles - 8.40%
    Average Household Income
    1 mile - 95,078    |    3 miles - 98,186    |    5 miles - 102,032

     

    Description

    SUBMISSION OF OFFERS

    The deadline for submitting offers for this property is scheduled for December 1, 2017 by 5:00 p.m. CST. Offers should be submitted to Hilco Real Estate via email at smadura@hilcoglobal.com or jkeith@hilcoglobal.com.

    Please contact a Hilco representative at 855.755.2300 for further instructions on the submission of an offer. Bids should be submitted on the Letter of Intent (LOI) form available for download from Hilco’s website.

    DOCUMENTS AVAILABLE
    A Virtual Data Room has been assembled and includes detailed property information and other applicable information. To gain access to the Virtual Data Room, please contact smadura@hilcoglobal.com or jkeith@hilcoglobal.com.

    REQUIREMENTS OF THE SUCCESSFUL BIDDER
    The successful high bidder will be required to sign the Purchase and Sale Agreement and submit a deposit in the amount of 10% of the Purchase Price by cashiers or certified check or wire transfer within three (3) business days following Seller’s acceptance. 

    CLOSING DATE
    The Standard Closing Date shall be on or before 30-days from Seller’s Acceptance.

    Contact Broker

    James Keith
    (P) - (270) 304-1020
    (E) - jkeith@hilcoglobal.com

    Steve Madura
    (P) - (847) 504-2478
    (E) - smadura@hilcoglobal.com