The Primrose Farm - 356+/- Acres Worth and Crisp County

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The Primrose Farm - 356+/- Acres Worth and Crisp County

Weeks Auction Group is pleased to announce the Public Auction of the Helen Newsome Spooner Estate located in the heart of Southwest Georgia. .The Primrose Tract is located just 3 miles from Warwick bisected by Primrose Bridge Road. The farm consists of 160+/- cultivatable acres with strong peanut base acreage. The income-producing farmland will offset the recreational timberland along Swift Creek, giving an investor the ability to use the property while generating income. Offered in 3 tracts at auction, buyers can bid on a single tract, few tracts, or the farm as a whole.
  •   Aug 6 @ 10:00AM EDT (Start)
  •   Aug 20 @ 4:00PM EDT (End)
  •   Add to Calendar

THE PRIMROSE FARM – 356+/- ACRES
S.O. & Helen Spooner Estate


Property Address: 300 PRIMROSE BRIDGE ROAD, Warwick, Georgia 31796

Auction Date: Thursday, August 20, 2020 at 4:00 P.M.

Property Inspection: “Drive-by at Any Time” Contact Cameron Morris for a Private Showing (229) 881-7643

County: WORTH/CRISP

Assessor’s Parcel Numbers:
WORTH – 00510003

WORTH – 00510004
CRISP – 016002

Important Selling Features:

  • Farm & Timberland Opportunity
  • 356+/- Total Acres
  • 160+/- Acres in Production (45%)
  • 196+/- Acres of Woodland (55%)
  • Located along Swift Creek
  • Merchantable Timber
  • Abundant Wildlife
  • Approximately 3 miles from Warwick
  • Located Primrose Bridge Road and Acorn Pond Road


Detailed Property Description:

Weeks Auction Group is pleased to announce the Public Auction of the Helen Newsome Spooner Estate located in the heart of Southwest Georgia. The Estate is comprised of 2,316+/- total acres of Productive Irrigated Farmland, Dry Farmland, Merchantable Timber Stands, and Outstanding Hunting Land. The six tracts are located in Worth, Crisp, and Turner Counties and will be available in multiple tract combinations.

The Primrose Tract is located just 3 miles from Warwick bisected by Primrose Bridge Road. The farm consists of 160+/- cultivatable acres with strong peanut base acreage. The income-producing farmland will offset the recreational timberland along Swift Creek, giving an investor the ability to use the property while generating income. Offered in 3 tracts at auction, buyers can bid on a single tract, few tracts, or the farm as a whole.

Property Taxes:
2019-10298 $2,214.63

2019-10407 $1,206.36
2019-10297 $631.76
TOTAL $4,052.75
 

GPS Coordinates: 31.831169, -83.861234

Google Map Link

Driving Directions:

From the WEST, the Primrose Tract is located just 3 miles East from Warwick. Follow Warwick-Ashburn Road East from downtown Warwick approximately 2.5 miles. Veer left 0.5 miles and the property bisects Primrose Bridge Road. Watch for Auction Signs!

From the NORTH, the Primrose Tract is located just 12 miles South of Cordele/I-75. Take Highway 300 South to Warwick. Turn left on Arabi Warwick Road, South on Acorn Pond Road and the property is on both sides of the road. Watch for Auction Signs!

For More Information Contact:
Cameron G. Morris

Associate Broker & Auctioneer
Weeks Auction Group
(229) 881-7643
Cameron@BidWeeks.com
 

Online Only Auction Real Estate Bidding Terms and Conditions

Auction Date:             Thursday, August 20, 2020

Open House Dates:    Contact Cameron Morris for a Private Showing (229) 881-7643

Please read the following terms carefully.  By registering for this auction, you acknowledge that you have read and understood all terms and conditions herein and set forth within the supporting documentation described in the terms and that you have inspected the property or had the opportunity to do so.

If you do not agree to these terms, please DO NOT bid!

The property will be offered in three tracts:

Tract 1:            199.35 +/- Acres

Tract 2:            104.50 +/- Acres

Tract 3:            51.30 +/- Acres

The property will be offered through Weeks Auction Group Online Multi-Par Bidding Platform.  Bidders will have the opportunity to bid on each tract individually, in groupings of multiple tracts, and the entire property as a whole.  The final sales configuration that produces the highest offer to the seller will determine how the property sells.

Bidder Registration and Verification:   

For verification purposes, a credit card is required in order to register for this auction.  Upon registering, an authorization charge of $1,000.00 will be charged against the credit card used for registration.  This authorization is not a permanent charge placed on your card, it is only a pre-authorization used to verify the identity of our bidders and the availability of funds on the credit card used for registration.  Please be advised that WAG has no control over the length of time the verification charge remains on your card, which is at the sole discretion of your credit card company.  Also, please be aware that registering for multiple auctions will incur multiple verification charges; and in some instances, multiple verification charges may result in a fraud alert being sent to the cardholder.  WAG reserves the right to reject or accept bidder registrations at its sole discretion.  

Terms of Sale: 

At the close of the auction, successful bidders will be emailed a contract package.  Included in the contract package will be the purchase contract as well as for instructions for submitting your earnest money deposit.  

Bid Increments:  

The Bid Increments will be as follows: 

 

Amount Up to:

Bid Increments

$10,000

$500

$50,000

$1,000

$100,000

$2,000

$250,000

$5,000

$500,000

$7,500

$500,000+

$10,000

WAG reserves the right to adjust bid increments as needed. 

Scheduled Auction End Times:   

The Auction is scheduled to end at the published end time, subject to auto-extend bidding.  Each time a bid is placed with the clock showing less than 10 minutes, the clock will reset to 10 minutes.  In the event the auto-extend time needs to be reduced, WAG reserves the right to adjust the auto-extend, as needed. 

 Buyer’s Premium:   

A 10% Buyer’s Premium will be added to the bid price for each property to determine the final contract price. For example, if your final bid price is $100,000, 10% ($10,000) will be added, resulting in a total contract price of $110,000. 

 

Contract for Sale: 

This property is offered under the specific terms provided in the Contract for Sale and specific Contract Special Stipulations as below.  The Contract for Sale is available for review at www.WeeksAuctionGroup.com.  Please fully read and review the entire Contract for Sale prior to bidding.  If you have any questions or concerns about anything included in the Contract for Sale, please contact WAG prior to bidding.  Please do not bid prior to reviewing the entire Contract for Sale Document.

Special Stipulations

Please refer to the sample contract posted for all Special Stipulations.

As-Is, Where-Is: 

All property is selling “As-Is, Where Is” with all faults.  It is the buyer’s responsibility to conduct any and all inspections and perform all acts of due diligence deemed necessary before bidding.  Placing a bid will be considered as acceptance of the property in it’s as-is condition. 

Bidder Default: 

 In the event a winning bidder fails to submit the signed Contract for Sale and/or earnest money deposit as specified in the terms, the winning bidder will be charged an administrative fee of $2,500.00 on the credit card provided at registration.  All administrative fees are non-refundable. 

Bid Cancellation:  Weeks Auction Group, Inc. reserves the right to remove or cancel the bids and bidding privileges of the party at any time that bids or bidding is deemed to not be in the best interest of the seller.

Earnest Money Deposit:   

Upon the close of the auction, successful high bidders will be required to submit the required earnest money deposit as stipulated in the Contract for Sale. The successful bidder will have 24 hours to send the earnest money in the form of Wire Transfer or Cashier’s Check. 

Real Estate Closing:  

With timing being of the essence, each contract will be a cash contract, not contingent or subject to financing, appraisal, or survey, as described in the Contract for Sale.  Closing will take place no more than 30 days from the end of the auction as stipulated in the Contract for Sale.  The Buyer will be responsible for all closing costs and the transaction will be conducted by the closing attorney specified in the Contract for Sale. 

Agency Disclosure: 

Week’s Auction Group, Inc. hereinafter WAG is acting as an agent for the seller and at no time is WAG responsible for, acting on behalf of, or acting as an agent for the buyer.  Full agency disclosure will be acknowledged by both seller and buyer on the Agency Disclosure form attached as Exhibit “C” on the Contract for sale. 

Disclaimer:

Weeks Auction Group, Inc believes all information contained herein to be correct to the best of our knowledge.  All information is being furnished to bidders solely for the bidder’s convenience and it is always the responsibility of the bidders to determine the accuracy and completeness of all information.  Reliance on information provided is solely at the risk of the recipient.  Bidders should always conduct their own due diligence, inspections, and investigations prior to bidding.  Bidders needing assistance should seek necessary assistance prior to placing a bid.

 

Disclosure: 

As detailed in Rule 55-10-.01 (3) of the Georgia Auctioneers Commission: Any auction sale is, without requirement of announcement at any time, presumed to be with reserve unless the property are in explicit terms put up at absolute auction. According to Rule 55-10-.01 (4)(b) Weeks Auction Group and our sellers hereby give notice that bids may be made by the seller, or upon the seller’s behalf, at any auction with reserve.