Higgenbotham Auctioneers International is presenting a great opportunity to own over 390 acres of prime redevelopment land. This public property auction will take place by sealed bid with bids due on August 2, 2022 at 10:00AM PDT. Public previews of the property will be held Wednesday, June 15 and 29, 2022 at 10:00AM PDT. The suggested opening bid is $7,000,000 and there will be an optional second round of bidding by telephone for up to 5 top bidders on Thursday, August 4, 2022 at 2:00PM PDT. Unlike many real estate auctions, there is no Buyer Premium in this sale.
SALEM, Ore., June 13, 2022 /PRNewswire-PRWeb/ -- This publicly owned property known as Mill Creek, is a one-of-a-kind jewel in the Willamette Valley, both within the City of Salem and its Urban Growth Boundary. The property is one of the largest contiguous available parcels in the City of Salem ripe for master-planned redevelopment for single and multifamily development, employment center, public health and public service uses. Just southeast of the Kuebler Blvd. Interstate 5 offramp, it offers easy access and utilities are to the site. Mill Creek bisects the site from north to south, providing a scenic corridor in the property for potential walking trails, cycling, recreation, and wildlife study.
"This is an outstanding opportunity for a master-planned redevelopment of the property into an asset the Salem community can be proud of," stated Marty Higgenbotham, President for HAI.
Visit the website at http://www.AuctionMillCreek.com to submit bids, and to find complete preview and property information, photos, and more.
About the Company | Founded in 1959, Higgenbotham Auctioneers International (HAI) utilizes the auction method of marketing to sell real estate throughout the United States and the world. Higgenbotham's success is attributed to the company's stellar track record in marketing unique properties and the firm enjoys continuing relationships with Fortune 500 clients such as Alcoa, Walmart, and Albertson's Supermarkets, as well as many publicly traded and closely held companies. For more information, please visit http://www.higgenbotham.com.
Media Contact
Christopher Vaughan, MBA, CAI, AARE, AMM, PRI, Higgenbotham Auctioneers International, LTD, Inc., 1 800-257-4161, [email protected]
SOURCE Higgenbotham Auctioneers International, LTD, Inc.
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