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ExxonMobil - Ruston, LA

308 W. Carolina - Ruston, LA

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Description

This site is located in the City of Ruston, Lincoln Parish, Louisiana with a population of 22,000.  Ruston is the largest city in the Eastern Ark-la-tex region.  Ruston is the home of Louisiana Tech University. The property is located approximately 1/2 mile south of Interstate 20 and approximately 1,000 feet west of Highway 167 in 

  • 19,782 sq. ft. or 0.454 Acres
  • Approximately 127' from the intersection of W. Carolina Avenue and Minden Street
  • Current Zoning - CR - Core Residential
  • Water and Sewer available from the City of Ruston
  • Proposed Future Use - Commercial / Industrial

Other Information

  • The site was a former rail-supplied bulk plant. It was operated from 1914 to 1970
  • The remediation occurred from 2009 to 2012
  • The Louisiana Department of Environmental Quality (LDEQ) issued a No Further Action letter (NFA) in July 2014.  The conveyance notice was recorded on the deed, restricting the future use of portions of the property ("AO1")
  • The property conditions meet industrial use standards and exceed non-industrial land use
  • Engineering controls required (impervious liner/vapor barrier)
  • TES: Criteria C (Smaller Site) Endorsed 4/17/2020 

Property Location

Auction / Date / Time

Sealed Bid Auction
November 12, 2020 2:00 p.m. CST

Property Video

Offering Strategy

MINIMUM BID: $15,000 - This property will be sold to the highest bidder, subject to the published minimum bid and the Terms of Sale. This is a sealed bid auction event.  Bidders are encouraged to ask questions in advance.  The purchase of a Bidder's Information Packet and a wire-transferred funds to the Title Company listed in the Purchase and Sale Contract advance of bidding. See Bidder's Information Packet for more details.  

Inspection Dates

This is vacant land and is available for viewing at your convenience. Inspection of the properties is at your own risk. Seller nor seller's agent takes responsibility for any injury which may occur while inspecting the property. Please call 312.278.0600 Extension 101 if you have any questions.

Auction Location

Sealed Bid Auction- This is a sealed bid auction event. Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet is required to bid. Bidders are required to submit a wire-transferred auction deposit to the Title Company listed in the Purchase and Sale Contract and fill in and sign the auction Purchase and Sale Agreement in order to bid. See Bidder's Information Packet for more details.

Bids are to be delivered to  Fine & Company LLC via email to info@fineandcompany.comon or before 2:00 p.m. Local Time on November 12th. The bidding instructions are contained in Bidder's Information Packet. The Terms of Sale and the Purchase and Sale Contract are important for you to review and understand.  Should you have any questions, please contact Fine & Company at 312.278-0600 extension 101.

Bids received after the bid deadline will not be eligible for consideration and will be returned to the sender.

Details

Certified Funds To Bid : $5,000

Buyer's Premium (Buyer's Fee) : 6% of the bid price

In Cooperation With : Renee Y. Jones Licensed Louisiana Auctioneer

Order Bidder's Information Packet

A Bidder's Information Packet is required to bid. The packet includes auction and property information, title report, environmental report, survey, real estate tax bill, local information, auction purchase and sale agreement, and terms of sale.



Bidder's Information Packets are available in PDF format for $10.00. To order your Packet click on the link below and download the Bidder's Information Packet Order Form or call us at 312.278.0600 ext. 101

Contact Us

  Fine & Company LLC
  Renee Jones, CAI, AARE
  713-780-2800
  rjones@fineandcompany.com

Request more information

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Additional Information

ExxonMobil-Brochure-10-09-20

Other Information

Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee will be paid to the REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.

Licensing : Jones Lang LaSalle Inc, Licensed Louisiana Broker

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet. 

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

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