LFC recently launched a new online auction campaign for some highly desirable commercial development land in San Jose. The auction features two contiguous ±12 acre parcels of vacant land located at the intersection of Yerba Buena Road and Verona Road in the eastern part of San Jose’s Evergreen district. Both properties are zoned Campus Industrial and are bordered on the south by the U.S. headquarters of Hitachi Global Storage.
The two parcels are being sold separately. One parcel measures ±12.2 acres and has a minimum bid of $999,000. The abutting parcel, with ±12.13 acres, has a minimum bid of $899,000. Both minimum bids are nearly 80 percent less than the previous listing prices.
For more details on the properties and the auction, visit LFC.com/804L1. The bid deadline is February 3, 2011.
Tags: california commercial real estate, california land auction, San Jose CA Commercial Real Estate
There’s a new campaign on LFC.com for some very desirable bank-owned development land. There are a total of seven properties for auction, including large land parcels in central California and Nevada.
The auction features:
- A ±40 acre residential land parcel in northern Sacramento, part of a large master-planned development called The Panhandle, has a minimum bid of just $295,000.
- ±960 acres of vacant land mapped for 676 residential units within the proposed Mortensen Ranch master-planned development in west Reno, Nevada. This property has a low minimum bid of just $995,000.
- Two separate land parcels near downtown Clovis, a suburb of Fresno, one totaling ±8 acres, the other comprised of ±18 acres. The smaller property has a minimum bid of $125,000. The larger parcel, which is zoned for multi-family residential development, has a minimum bid of $350,000.
- Three adjacent vacant residential land parcels, ranging in size from ±18 acres to ±20 acres, near downtown Yucca Valley, in San Bernardino County. The properties are being sold separately, and have minimum bids between $12,500 and $15,000.
Click here to visit the auction webpage.
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Tags: california land auction, Clovis CA, commercial land auction, reno nevada land auction, reno nevada real estate, Sacramento CA, Yucca Valley CA
LFC.com is hosting a new online auction for several bank-owned properties in Wisconsin. The properties primarily consist of vacant residential and commercial development land, offered at some impressive discounts.
This auction includes:
- A ±57.57 acre parcel of vacant land along Northview Road near Waukesha, WI, with preliminary approvals for a 51-lot residential subdivision.
- ±72.54 acres of vacant land in Germantown, WI.
- ±49.23 acres of vacant residential development land in North Prairie, WI.
- A ±21.8 acre residential land parcel in Franklin, WI.
Click here for more information on the property and the auction. The bid deadline is December 16, 2010.
Tags: wisconsin commercial real estate auction, Wisconsin commerical real estate, wisconsin land auction
