Cedar Valley
(C-26876)

SOLD
(C-26876)
Section 32: All
Parcel Details
(C-26876)
Section 32: All
Agency Fees
Agency Fee | Amount |
---|---|
Appraisal Cost | $2,050.00 |
Cultural Resources Survey Cost | $15,496.00 |
Legal Advertising Cost | $200.00 |
Sale Processing Charge | $500.00 |
Application Fee | $250.00 |
Beneficiary Notice
All net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.
Images
Video
Location and Access
The parcel is located approximately 14 miles north of Cedar City.
Access is from the Parowan Gap County Road, then south 1.25 miles on a dirt road through BLM lands.
Additional Information
The parcel is relatively flat except for the eastern edge that slopes up onto the Red Hills Mountain Range. The property has historically been used as open range land.
Water Rights and Utilities
Water Rights: None
Utilities: Electric utilities are located approximately 1 mile west of the parcel.
Zoning
Zone: A-20
Zoning Description: Agricultural 20-Acres
Zoning Purpose: The agriculture (A-20) district is provided and designed to protect and preserve lands suited for farming, ranching, the production of food and fiber, open space, recreation, services or related purposes and minimal rural estate living, and to protect from encroachment of incompatible uses. Other purposes of this district include protection and enhancement of the economic base of the county, as well as the protection of environmentally sensitive lands, such as areas subject to flooding, wetlands, unstable soils and areas with steep slopes or other geologic conditions. This zone anticipates limited commercial uses that have similar impacts to agricultural uses and provides services in rural areas that are compatible and commensurate with typical commercial agricultural uses. The permitted and conditional uses for the A-20 zone are intended to be compatible with agricultural uses while encouraging economic growth and reasonable options for the use of private property. The district accommodates more intense uses when the required services are made available and the potential cost to Iron County residents of providing the services necessary to support more intense development and activities is minimal.
Encumbrances
Mineral Leases: None
Surface Leases: Grazing Permit No. 22288-08, issued to the Benson Family Trust (this permit will be cancelled upon sale of the property)
Cultural Resource Covenant: A cultural resource survey has been conducted on this parcel. Some significant sites were identified. The parcel will be sold subject to a reservation to protect these sites.
Disclosures
Please see the disclosure summary and the certificate of sale template document posted at the bottom of this page for general disclosures which apply to all parcels being offered for sale at this auction.
All mineral rights, including the sand and gravel rights will be reserved.
The property will be conveyed subject to all valid existing rights.
The following comments were received from the Utah Geological Survey (UGS): Potential geologic hazards in the area that could affect the parcel include stream flooding, alluvial-fan flooding/debris flow, wind-blown sand, problem soils and/or bedrock including shrink/swell and/or collapsible, shallow bedrock and/or groundwater, and indoor radon potential. Potential hazards should be addressed in a manner appropriate to the intended use of the property. Geologic hazards are best addressed early in the planning process prior to development and construction. UGS has general geologic hazard information available at our offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm.
Financing
Financing will be offered for this parcel. A down payment of 10% and closing costs will be due at the auction. The remaining balance may be financed at a variable rate of prime plus 2.5% for up to a 20 year term.
Successful Bidder Notification
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
For the successful bidder, a deposit of at least 10% of the sale price, plus closing costs, and interest through November 30, 2020 is due within one business day from the completion of the auction and is payable to EnergyNet. The remaining balance due may be financed through SITLA at a variable rate of Prime + 2.5%.
Utah SITLA Points of Contact
Diane Lund Sales Coordinator
Email dlund@utah.gov
Phone (877) 526-3725 or (801) 538-5163
Ron Torgerson Resource Specialist
Email rgtorgerson@utah.gov
Phone (435) 893-2980
EnergyNet Point of Contact
Utah Broker
RE License Number: 10851533-CN00; 5469640-PB00

www.bateslandco.com
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #11
11/13/2020 11:11:51 AM
$438,000