REAL ESTATE AUCTION – 175.51 +/- in 10 TRACTS
JAMES BERNARD COBB ESTATE (deceased)
Thursday 27 th MARCH – 1:00 PM
MEBANE, NC
Pleasant Grove Township – Alamance County
DIRECTIONS: From I-85 /40, take Haw River Exit (Exit 150), go north on Trolley Wood Rd. for 2 miles, turn right on Roxboro Rd. which turns into Hwy. 49, travel 4.5 miles north, turn right on John Lewis Rd., go 1.1 mile, left on Barrett Rd., go ½ mile, turn left on Cobb Farm Trail. Watch for posted auction signs along the way.
Also watch for signs leading off Hwy. 119.
Sale Site Address: 3334 Cobb Farm Trail – Mebane, NC 27302
Tract 1 – 12.79 Acres with approx. 6 acres of crop land & a section of a pond.
Tract 2 – 21.34 Acres - approx. 12 acres of crop land, remaining is in merchantable timber.
Tract 3 – 11.13 Acres - approx. 8 ½ acres of crop land, approx. 1 ½ acre pond, remaining in saw timber.
Tract 4 – 11.01 Acres - all cropland.
Tract 5 – 11.07 Acres - 75% crop land, 25% timber land.
Tract 6 – 11.00 Acres – 75% crop land, 25% timber land.
Note: Tract 1 – 6 all have road frontage on Barnett Rd., SR-1910. Tract 3, 5, & 6 adjoin Quaker Creek Golf Course.
Tract 7 – 41.23 Acres – approx. 10 acres crop land, remaining in timber land, borders a running creek, fronts Barnett Rd., has colonial style home that back section was built in the ‘60’s, front section built in earlier years & this will need some remolding, several nice building on the tract that will be offered after the real estate. This tract also will have a 60’ easement traveling along the existing farm road (known as Cobb Farm Trail), crossing the creek leading to Tracts 8, 9 & 10. Note on buildings: these buildings will be offered at the farm equipment sale, Saturday 29th March, that are located on Tract 7 – 70x36 open shelter, wood poles, metal trusses, metal roof presently used for bulk barns, 50x36 building, metal trusses, metal sides, w/2 10’ swing out doors, (5) 40x36 metal shelters, trusses, tops & sidewall, 30x24 office w/A roof, vinyl siding w/20x6 front porch, central heat & air, bath, gas cook stove, very nice office.
Tract 8 – 18.79 Acres - approx. 75% cleared land, approx. 9 ½ acres of cropland, 1 ½ acre pond, balance in merchantable timber, has running creek for southern property line dividing Tract 7 & 8.
Tract 9 – 18.46 Acres – approx. 12 acres crop land, 2 acre pond, balance in timberland.
Tract 10 – 18.79 Acres – approx. 15 acres crop land, running creek through property.
Note: Tract 8, 9, & 10 sell with 60’ ingress & egress to & from Barnett Rd. following existing farm road.
If you want land for crop, vineyard, orchards or home sites, this property will certainly deserve your attention. Ponds are well stocked, plenty of wildlife, a place were you can live in harmony with nature & yet be in driving distance for all the conveniences of the modern world.
All tracts identified by sign & boundary markers – inspect the property at your convenience. Each bidder voluntarily assumes all risk & responsibility in connection with entry upon the Sale Parcels. Further, each bidder agrees that the Auction Company is not responsible for any damage to person or property while on sale parcels. This presentation is an aid to prospective buyers & in no way intended as an accurate representation of metes & bounds. The Auctioneers reserve the right to offer the parcels in separate sales, combinations thereof or as a whole using the Multi-Parcel method. All property sells as is. The successful bidder will accept the property & any improvements thereon, in its present condition, AS IS, WHERE IS, with all faults.
TERMS: 15% down day of sale, balance due at closing – 30 days or less.
Leonard Phil Daniel – Broker-in-Charge #61006.