Bankruptcy Auction – New Industrial Development

• Premier, Partially Completed (existing structures), State-of-the-Art Industrial Complex on 34 acres
• Tremendous Location off I-69 with Access to over 60% of USA Population in 24 Hours or Less
• 87,394 gross sq. ft. in Four Flexible-Use Buildings – High Eve Heights – Electric Sub-Station Adjacent
• Clear Span Ceilings Range from 30’ to 45’ – Shipping & Drive-thru Access from 12’ to 20’
• Suitable for Manufacturing, Logistics, Agriculture, Transfer and Warehousing
• Single or Multi-Tenant Flexibility or Expand on Prepped Site for Owner-User & Leasehold
• Custom Design-Build Tilt-Wall Exterior w/Reinforced Concrete – High Energy Efficiency Rating
• Significant Utility Service to the Buildings & Site – 24” Natural Gas Spur Line, 440/3 Phase Electric, Municipal Sewer & Water Service
• Appraised As-Is – 2020 for over $12,000,000 – Land Alone $1.2 million
• Site Prepped for Expansion of Additional Six Buildings plus Parking, Transportation & Encircling Access Roadway, Trucking Hold Area and Additional Features
• Drive-In/Grade Level Doors: 24 | Dock High Doors: 2
• Millions in Improvements Already Invested in Site – Instant Equity & Finish to Suit
• Clear Title Guaranteed by U.S. Bankruptcy Court Order
• Access to 2 roadways – US 45 North & Ky 1276 – Only 30 seconds to Interstate 69
• Strong Right-to-Work Labor Market, Barge/River Shipping Nearby, Economic Incentives Available
• Approx. 2 hrs to Nashville, 2.5 hrs Memphis, 3.24 hrs Louisville
• No Minimums – No Reserves – Selling to Highest/Best Bidder per U.S. Bankruptcy Court Ordered Sale
• Qualified Sealed Bids Due January 24, 2024
• Sale Process Approved per U.S. Bankruptcy Court – Western District of Kentucky Case No. 23-50409-acs

Qualified Sealed Bids are due by January 24, 2024 at 4:00 pm CST. If there are multiple bids submitted, a live auction will occur on January 31, 2024 at WK&T Tech Park, 100 WK&T Technology Park, Bldg. 800, Mayfield, KY 42066, and (b) via a virtual platform, such as Zoom or GoToMeeting. Please deliver your Qualified Sealed Bids to: Tranzon Tranzon Asset Advisors, 1108A North Dixie Avenue, Elizabethtown, Kentucky 42701 or contact Kelly Toney at 888-791-7307 ext. 808 or [email protected] .


Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734
U.S. Bankruptcy Court for the Western District of Kentucky Paducah Division Estate of the Industrial Authority of Mayfield-Graves County
Chapter 11 – WDKY- Case No. 23-50409-acs
Please read the Court Order for the terms of the sale.


Qualified Sealed Bids are due by January 24th at 4:00 pm CT

Property Address: 3155 Route 45 North, Mayfield, KY 42066

Attention land investors!! Beautiful approx 113 acres of lush land with Black Creek flowing through it has SO MUCH to offer! Three parcels are included in this listing. Approx 46 tillable acres is currently being rented by a local farmer for income potential!! Any future development or parcel split plans is contingent upon Town of Franklin approval. Wetland acreage is estimated from the Kewaunee County GIS website. All acreages are approximate using the Kewaunee County GIS website, and buyer to verify prior to closing. Being sold "AS-IS, WHERE-IS", utility connections are unknown. Includes parcels #3100829.11, #3100829.10 & #3100829.122. Close proxmity to Interstate 43 for easy driving to Green Bay or Manitowoc areas! So much wildlife for hunting! The sale of this listing is contingent upon the successful closing of additional land listed on south side of Bolt Rd in MLS#1957028 by the same or a different buyer.


This beautiful property is listed by Ron Brath and John Kissack of Brath Dairy & Commercial Real Estate.

FEATURES
Property Type: Vacant Land Zoned: AG Taxes: $1,737
Total Acres: 113 Tillable Acres: 46 Wooded Acres: 64
Pasture Acres: 0 Waterfront: Black Creek Other Buildings: N
Township: Franklin County: Kewaunee School District: Denmark

Inclusions: None.

Exclusions: Growing crops in fields are not included and are under a lease from a farmer.

Directions: From Denmark, WI, east on Cty Rd KB, go right on Curran Rd south approx 1/2 mile to signs on east side of Curran Rd and on north side of Bolt Rd.