Auction Details

Cedar River Developers LLC

Residential R-1 Single Family Development Opportunity - Austin, MN

Austin, MN Land Auction 32 more or less Acres of Great Development Land in Austin, MN 55912 Mower County, Minnesota

Online Bidding Only

Begins: Thu, Mar 4, 2021 1:00PM

Ends: Fri, Mar 19, 2021 5:00PM

Location: TBD 6th St NE Austin, MN 55912

Auction Description

Zoned Residential Development R-1 Single Family
Begins to close: Friday March 19, 2021 5:00 p.m. (Unless sold prior to closing date.)
Property offered in 2 Parcels

Cedar River Developers LLC. is selling this Residential Development Opportunity in Austin, MN Mower County. With the increased demand for housing in the Austin, MN Community, this is an Excellent opportunity for Developers, Investors & Builders to take advantage of this opportunity and design your way!

Parcel 1:
Total Acres: 32 +/- PIN: 34.839.0150 Legal: OUT LOTS 23 103 18 08059 OL 9 EXC S1049.59FT & EXC 3.56AC IN NE1/4
PIN: 34.139.0070 Legal: 23 103 018 CEDAR RIDGE 08047 OUTLOT D

RE Taxes:  Prorated to day of Closing
Zoned: R-1 Single Family Residential

Parcel 2:
704 38th Ave NE, Austin, MN Total Acres: 0.48 Residential – PIN: 34.839.0195
Legal: OLS W1/2 23-103-18 APPROX W66.5FT OL 9 ADJ TO E LINE OL 7

Agency: Thompson Auction Service & Infinity Real Estate & Management Group represent the Seller in this Transaction.
Taxes: Taxes in 2021 shall be prorated between Seller & Buyer(s).

Conditions: Sale subject to any and all easements, restrictions, covenants and assessments. Buyer(s)/Bidder(s) responsible for conducting their own assessment/due diligence of risk concerning the subject properties. Sale of property is AS-IS WHERE IS without guarantee or warranty, expressed, written or implied.

Title: Contract: Sale is non-contingent on buyer(s) financing. Winning/Highest Bidder will enter into a real estate purchase agreement and provide earnest money to be deposited into Infinity Real Estate & Management Group trust account, Sale to include updated abstract and clear title.

Terms & Possession: 10% - Nonrefundable down for each Parcel day of sale. Balance due: on or about April 20th, 2021. 6% Buyers Fee applies to both Parcels.

Thompson Auction Service act as agents for sellers. Auctions are with reserve unless specifically stated otherwise. Reserves, if any, ARE NOT disclosed. All final bids are subject to the seller's confirmation. Only the top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied as to any items being sold and you agree to purchase and accept the item in an as-is condition. Information on items is obtained by us from the sellers and you hereby agree to hold harmless Thompson Auction Service. and staff for any errors or omissions regarding the item(s) being sold. Bidder agrees that everything is sold as is and that they may not return any item they purchase. ALL ITEMS ARE SOLD AS-IS WHERE-IS unless specifically specified otherwise.

City Code & Building information available online at:

Questions regarding planning & zoning, infrastructure & Structures can be directed to the following Austin, MN city officials.

Holly Wallace – Planning & Zoning (platting – subdivision) 507-437-9952

Steven Lange – Engineering (Infrastructure – subdivision) 507-437-9949

Fred Husemoller – Building Official (Structures) 507-437-9954

Austin Utilities – (Gas & Electric services) 507-433-8886
Cedar River Developers LLC - Owners

Auction Conducted & Clerked by: Thompson Auction Service: Col. Dave Thompson (50-114) 507-438-9646 Member: MN State & National Auctioneers Assoc.



Attention Developers: With some of the development work complete, It's your turn to begin your design layout!