Land for Auction in Topeka, Kansas

HEARTLAND PARK REDEVELOPMENT PROJECT

ONLINE ONLY AUCTION

MOTORSPORTS PARK * BUILDINGS * REDEVELOPMENT LAND

COMMERCIAL & INDUSTRIAL LOTS * HIGHWAY FRONTAGE

ONLINE BIDDING OPENS: Wednesday, June 5th, 2024 at 6:00 PM (CST)

ONLINE BIDDING CLOSES: Wednesday, July 24th 2024 at 6:00 PM (CST) (WAS EXTENDED 1 WEEK)

REGISTER & BID ONLINE: Go to HEARTLANDPARKAUCTION.COM and register online. All bidding is conducted online only and registration can take up to 24 hours, so please register before the last day.

PROPERTY LOCATION: In Shawnee County, just south of Topeka, Kansas at the corner of SW Topeka Blvd and SE Gary Ormsby Dr. The northern tracts (5-8) set north of Gary Ormsby Dr., adjacent to the airport.

(watch for auction signs)

LEGAL DESCRIPTION: A 621.65+/- acre tract of land located in a special district of the City of Topeka, Shawnee County, Kansas. The full legal description for each tract shall be delivered by the title company.

MAP LINK: https://id.land/ranching/maps/0fa316fff1e65a3321047e43fa7c6c55/share

ORDER OF AUCTION: According to Shawnee County, Kansas there is 621.65+/- acres which include (29) individual parcels (tracts). This multi-tract auction affords the buyer an opportunity to purchase a single tract or multiple tracts throughout the bidding process. See tract map for visual layout and details.

TRACTS #1 - 12 (No Reserve):

consists of twelve (12) individual vacant land, commercial/industrial parcels which will be offered individually.

TRACTS #13 - 22 (Seller Confirmation):

consists of ten (10) parcels which encompass the Heartland Motorsports Park, buildings, race track and facilities, offered combined into (1 tract).

TRACTS 23 - 29 (No Reserve):

consists of seven (7) individual vacant land, commercial/industrial parcels which will be offered individually.

PROPERTY PREVIEW: The auction company will be onsite at the property on the following dates to answer any questions. The property can be previewed by scheduling an appointment, contact the auction company at (877) 318-0438. Property previews are encouraged prior to placing a bid in the auction.

PREVIEW DATES:

WEDNESDAY, JUNE 26TH @ 1:00 PM

WEDNESDAY, JULY 10th @ 1:00 PM

GENERAL DESCRIPTION: This property consists of 621 +/- acres located just south of Topeka, Kansas on SW Topeka Blvd., and only 1.2 miles east of U.S. 75 Hwy. The property known as the Heartland Motorsports Park includes 175 +/- acre racing facility that has approximately 89,000 sq/ft of buildings. There is access to municipal water, sanitary sewer, natural gas, and electricity supported by an adjacent Evergy substation. The property has sufficient frontage along Topeka Blvd and SE Gary Ormsby Dr. The property is being offered to the public by the individual county parcel, with (10) parcels being combined that comprise the Motorsports Park. This property is primed for redevelopment with several large corporations already in the immediate area such as the Walmart Distribution Center, Mars North America Candy Plant, and more.

ZONING: I-1 Light Industrial and Commercial

PROPERTY HIGHLIGHTS:

621.65 Acres (29 Tracts)

89,223 Sq/Ft (Buildings)

Highway Frontage

Water, Sewer, Electric

Close to Interstate & Rail

Development Tracts

Economic Development Incentives:

GO Topeka, the economic development organization for Topeka and Shawnee County supports development across the community with assistance for job creation and capital investment that increase opportunities for our current and future citizens. Support comes in a variety of ways from cash incentives to advocacy and partner convenings to find creative solutions. View more information at: https://issuu.com/topekapartnership/docs/go_eco_dev_lookbook_2024?fr=sNTUzNTcwMjQ0NTc

SURVEY: The property (parcels) do not require a survey and will transfer with a valid legal description provided by the Title Company.

POSSESSION: Possession of the property will be given upon payment in full of the purchase price and transfer of title at closing.

TAXES: All delinquent or prior years taxes will be paid by the Seller. Current year (2024) taxes will be prorated to the date of closing.

UTILITIES:

Sewer: 15" sanitary sewer line at the NW corner of the property.

Water: 18" active water transmission main line across NW portion of the property.

Water: 12" water distribution main along the entire north frontage along Gary Ormsby Dr.

Electric: Evergy serves multiple large distribution structures within 5-mile radius. Est. 5.4 - 7 mw.

PERSONAL PROPERTY: No personal property is being transferred with the real estate.

AUCTIONEERS NOTE: This property is located in the path of development for the City of Topeka and will make an ideal location for an industrial park. Offering this 621.65 acres in individual parcels affords the buyer an ample opportunity to purchase a development tract or multiple tracts that fit their growth and investment needs. 19 of the tracts are being offered with no reserve. The property is subject to prior sale during the auction, so don't wait. Contact the auction company with any questions and get registered to bid.

SELLER: Shelby Investments LLC