Over 40 Years of Successful Auctions!
  • Search This Auction


Real Estate Auction of Gravel Pits

RTI logo

RTI

Closing Wednesday
09/11/2019 06:00 pm EDT

Closed

Auction Location: 6502 Barber Hill Rd, Geneseo, NY 14454 / Phone: 585-243-1563

General

Riccelli Enterprises is liquidating several properties around the state to consolidate operations. 4 parcels in 3 locations will be sold at via online auction. All properties are going to be sold in ‘as is’ condition and the seller will NOT accept any contingencies. Winning bidders must agree to use the provided purchase and sale agreement. This is NOT an absolute auction. All purchase offers are subject seller approval.

Please view our site teitsworth.com for full bidder's packet

 

Bidder's must have deposited funds before placing any bids. Please call Jesse 585-738-2010 for further details

 

Jump to details and terms

Showing 1 to 4 of 4 items
Current Bid: $100,500.00
Next Required Bid: $101,500.00

High Bidder: # 4675
Scheduled Close
09/11/2019
06:00 pm EDT
Closed
There is a large gravel lot (appx 500? x 300?) that has a safety fence around it with a sliding gate. The rest of the property is a mixture of wooded and grassland. Electric services are onsite, but no public water or sewer. There is a 42' x 80' steel workshop with concrete floor and waste oil furnace and (4) 12' x 14' electric overhead doors. The former office and storage buildings are not usable and have been vacant for 13+ years

Download the Bidder's Packet and Purchase Agreement below

Categories:

Current Bid: $155,000.00
Next Required Bid: $156,000.00

High Bidder: # 4675
Scheduled Close
09/11/2019
06:01 pm EDT
Closed

Property Class - Mine/quarry Tax Assessment - $224,300

Mined Land ID# - 80563

Life of mine acres - 19.70 acres

Reclaimed - 17.70 acres

Currently permitted - 2 acres

Reclamation information: To be returned to Meadow / Grass Land. $11,680 financial security required.

Permit Expiration - 2/1/20.

Bidding Deposit Requirement - $10,000

An appraisal from July of 2018 done by Continental Placer Inc. estimates there to be 122,000 tons of sand and gravel in-place reserves. A right of way allows access to the mine from North Rd.

Download the Bidder's Packet and Purchase Agreement below


Categories:

Current Bid: $15,100.00
Next Required Bid: $15,200.00

High Bidder: # 7629
Scheduled Close
09/11/2019
06:02 pm EDT
Closed

25.8 acres

Property Class Vacant Commercial

Tax Assessment $13,800

Mined Land ID# - 70733

Life of mine acres - 15.00 acres

Reclaimed - 0 acres

Currently permitted - 9.70 acres

Reclamation information: To be returned to Lake / Pond. $56,600 financial security required.

Permit Expiration - 5/19/23.

Download the Bidder's Packet and Purchase Agreement below


Categories:

Current Bid: $18,600.00
Next Required Bid: $18,700.00

High Bidder: # 4060
Scheduled Close
09/11/2019
06:03 pm EDT
Closed

An appraisal from July of 2018 done by Continental Placer Inc. estimates to have 324,000 tons of sand and gravel in reserve. The mine is merely 2 miles off of Interstate 99 in Erwin. Access to the property is via Jones Rd


23 acres
Property Class Sand & Gravel
Tax Assessment $50,000
Mined Land ID# - 80586
Life of mine acres - 9.00 acres
Reclaimed - 0 acres
Currently permitted - 7.70 acres
Reclamation information: To be returned to Meadow / Grass Land. $46,820 financial security required.
Permit Expiration - 10/11/22

Download the Bidder's Packet and Purchase Agreement below


Categories:



Inspection:

By Appointment Only

Auction Closing:

Wed, Sep 11, 2019 06:00 pm

Removal:

Wed, Sep 11, 2019 12:00 am - 12:00 am

Bidding Increments:


Range Increment 
$0.01 - $75.00$1.00
$75.01 - $150.00$5.00
$150.01 - $250.00$10.00
$250.01 - $500.00$25.00
$500.01 - $1,000.00$50.00
$1,000.01 - $5,000.00$75.00
$5,000.01 - $50,000.00$100.00
$50,000.01 - $75,000.00$250.00
$75,000.01 - $100,000.00$500.00
$100,000.01 - $2,500,000.00$1,000.00


Terms of Auction

All items are sold subject to owner confirmation. Winning bidders will be notified about the status of their bids the day following the close of the auction. 

  • Buyers Premium Schedule 10% 
  • Winning bidders agree to the terms set out in the provided purchase agreement.

General Terms & Conditions

·  Postponement and cancellation: Roy Teitsworth Inc., reserves the right to postpone or cancel any featured auction or owner auction, or any sale, without notice. Roy Teitsworth Inc. will have no liability to prospective bidders or sellers as a result of any withdrawal, cancellation or postponement of auctions or sales. ·  Void Bids: Roy Teitsworth Inc. reserves the right to reject or void bids, whether winning or not, which it believes to have not been made in good faith and/or is intended to manipulate the auction process,or is prohibited by law. ·  Participation: Roy Teitsworth Inc., unilaterally reserves the right to deny anyone from participation on our “on-line” auction at any time. ·  Soft Close: if a buyer enters a bid in the last (3) three minutes of the auction, the ending time will automatically extend by (3) three minutes until the bidding ends. ·  Warranties: All equipment sold is “AS IS, WHERE IS” The auctioneer and the seller have described the items to the best of their ability and belief. The auctioneer and seller undertake no liability whatsoever in respect to any faults, deficiencies, or errors of any description oral or printed, no do they accept responsibility for authenticity of origin, age, condition, or quality of any lots. Each and every lot is sold as seen, no guarantees or warranties (express or implied) are included with respect to the equipment or vehicle in each lot.

Buyer Specific Terms & Conditions

·  Registration: Upon registration you will choose a user name and password. After you have received your user name and password you will have the ability to log into our auction to bid. Your user name and password are permanent and will be reused for all online auctions.  In accepting the terms of sale you are agreeing to pay the bid amount, buyer’s premium if applicable, and any other taxes or fees set forth in the terms with the equipment description. As the auction close you have entered into a contract with Roy Teitsworth Inc. for purchase of the equipment ·  Inspection: Buyers are responsible for their own inspection and or judgment as to the condition of the equipment when bidding. ·  Award Approval: All items are sold subject to seller approval (unless otherwise stated). Buyers will be notified if their bid has been accepted by the close of business the day after the auction. ·  In the event that purchaser fails to pay for the entire purchase within the time set forth by the auctioneer and/or fails to comply with any of the terms and conditions of sale, the seller may retain and/or recover any monies paid as part of the damages and in addition thereto, items that are not paid for can be resold at public auction without further notice. ·  Equipment Removal: Terms of the equipment removal will be included with the descriptions. Should the buyer not remove the equipment as agreed to in the terms of sale, Roy Teitsworth Inc. will move the equipment to our facility in Geneseo, NY at the buyers expense.



6502 Barber Hill Rd
Geneseo
NY, 14454

585-243-1563




  • 42.7106730000, -77.7379120000

Buyers are responsible for the arrangement of all pick-up and shipping of purchases. Please refer to the contact information in the item description to arrange for transport with the seller.