Tropic Parcel
(C-27211)

Garfield County, UT
Utah SITLA - Land Sale Auction, November 19, 2024

AUCTION CANCELLED

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Tropic Parcel
(C-27211)
38.35
Auction has ended
11/14/2024 11:40 AM MST / 12:40 PM CST
11/19/2024 11:40 AM MST / 12:40 PM CST
-
-
$994,000
$5,000
$999,090
(Bid Price + Agency Fees)
Parcel Details
Parcel
Tropic Parcel
(C-27211)
County, State
Garfield, UT
Legal Description
Township 37 South, Range 3 West, SLB&M
Section 2: NE1/4SE1/4 (less 1.65 acres for Highway 12)
Acreage
38.35
Property Photos
Points of Contact

For questions about land sales:
Utah SITLA
Ron Torgerson
Surface, Assistant Managing Director
Email rgtorgerson@utah.gov
Phone (435) 893-2980

Diane Lund
Assistant Managing Director, Surface; Land Sales Coordinator
Email dlund@utah.gov
Phone (801) 538-5163


For questions about participating in the offering:
EnergyNet
Government Resources
Email government@energynet.com
Phone (877) 351-4488

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, 2024, is due within one business day from the completion of the auction and is payable to SITLA. Financing will be offered for this parcel at a variable interest rate of prime plus 2.5% or 7.5%, whichever is greater. The remaining balance may be financed for up to a 20 year term. Full remittance instructions will be included with the invoice.

Property Map (click to enlarge)
Property Video
Additional Information

This property has historically been used for agricultural and grazing purposes. The topography is sloping with level portions. The vegetation is junipers, brush, native grass, and sage. The elevation is 6,100 to 6,400 feet.

Location:
The property is located within the city limits of Tropic, in Garfield County. The Grand Staircase National Monument is located to the south of the property. Highway 12 crosses through the property. Tropic is approximately 275 miles southeast of Salt Lake City.

Access:
Access is from Highway 12, which crosses over the northeast corner of the property.

Zoning:
Agriculture/Residential (assumed)

Water Rights:
No water rights are included with this property. Potential purchasers may want to verify with the city of Tropic about the possible use of culinary water.

Utilities:
Power is along Highway 12. Other utilities are nearby in Tropic.

Beneficiary Notice:
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Public Schools.

Encumbrances

Mineral Leases:
1. Material Permit No. 655, issued to Garfield County for sand and gravel, with an expiration date of June 30, 2025

Surface Leases:
1. Easement No. 1494, issued to Garfield County for Class B roads, for a perpetual term
2. Easement No. 1979, issued to Garfield County for Class D roads, for a perpetual term
3. Grazing Permit No. 23469, issued to Landon or Scout Holm (this acreage will be removed from this permit when this property is sold)
4. Predesignation No. 751, issued to Garfield County for roads which qualify as valid existing rights, for a perpetual term

Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant sites were identified.

Disclosures

  1. Please see the disclosure summary and the certificate of sale template documents for general disclosures which apply to all parcels being offered for sale at this auction.

  2. All mineral rights will be reserved.

  3. The sand and gravel on the parcel will be subject to a royalty provision if sold commercially.

  4. The Utah Geological Survey has submitted the following comment: "Potential geologic hazards in the area that could affect the parcel include flash flooding/debris flow, problem soils including shrink/swell and/or collapsible, shallow bedrock, and indoor radon potential. The prospective buyer should be aware of the potential hazards so they can be addressed in a manner appropriate to the intended use of the property. UGS has general geologic hazard information available at its offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm."

  5. The property will be conveyed subject to all valid existing rights.
Utah Broker
Utah Broker of record is Bates Land Consortium

RE License Number: 10851533-CN00: 6346513-AB00



www.bateslandco.com
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