Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover. -Mark Twain

Monday, May 11, 2009

175 Acres of Puerto Penasco Land to be Auctioned Off on June 4, 2009

A developers' liquidation auction in Rocky Point, MX will be held June 4, 2009, involving a total of 175 acres of land. Five commercial land tracts ranging from .8+ to 102+ acres are being offered, some with ocean frontage, and some have entitlements in place and are ready to build. Two commercial buildings will also be offered.

The Redfield Group, of Gadsden, Alabama, will oversee the auction, which will be held at the Marriott Phoenix Airport, 1101 North 44th Street, Phoenix, Arizona, 85008.

According to USLots.com, the properties to be auctioned off include the following:

1. Villa Cortez Beachfront Development Site
The unspoiled, pristine beach of Puerto Penasco, Mexico provides the serene backdrop for Villa Cortez, a stunning and alluring resort development originally designed to perfect the art of getting away from it all. The Villa Cortez site is 34 acres with 670 feet of beachfront that has already been authorized for up to 1086 condos and permitted and approved for 318 condos. This magnificent 34 acre site is cradled between the warm waters of the Sea of Cortez and the Morua Estuary, an area well known for its extraordinary tranquility and diverse wildlife. Yet, it will be only a short 15 minute drive from the new airport. The site boasts 869 feet of shoreline on this spectacular estuary.

Development plans are available and the entitlements could be is transferable. For more information and Villa Cortez promotional materials and/or entitlement documents, contact United Country/The Redfield Group at 1-866-673-9270.

Directions: From the intersection of Benito Juarez and Fremont Boulevard, go east on Fremont Boulevard for approximately 8 miles and turn right. Go 4 miles and you will come to a Y. Stay right and go another 8ቦ mile to the intersection. Turn right and stay right at the next Y, going 2.7 miles to the Bella Vita entrance. Go through the entrance and continue 4ቦ mile to the property. The road goes through the Villa Cortez property.

2. Sandy Beach Development Site
Located in the popular Sandy Beach area of Puerto Penasco, this 8.11 acre tract is ideal for condominium and/or commercial development with public beach access. The Sandy Beach area is a thriving beach district which has exploded with numerous condominium developments over the past 7 years bringing tourists and investors alike to this once hidden secret. This parcel is located directly on Blvd. Costero, which is the main channel of traffic flow into the Sandy Beach vicinity and is bounded on two sides by high-rise condos. This site is ideal for condominium, hotel, retail, commercial and mixed use.

Directions: From the intersection of Benito Juarez and Samuel Ocana Boulevard, (first traffic light upon entering Puerto Penasco from the north) go west onto Samuel Ocana Boulevard. Continue on this road across the railroad tracks to a traffic circle marked by a Circle K Store. The road will curve and force traffic to the left. Proceed on past the condos, and immediately past the Casa Blanca Golf Villas. The property is the large open sandy parcel on the left.

3. Suenos Del Mar Development Site
102.237 Acres (413739.75 M2) with beach frontage/access in the Tourist Zone. As Penasco's growth in residential and tourism projects continues to the southeast, this assemblage of parcels is ideal for a comprehensive, master planned community. This site will provide a developer with many opportunities to construct a variety of options or divide/sell for others to develop.

Directions: From the intersection of Benito Juarez and Fremont Boulevard, go east on Fremont Boulevard for 0.6 mile to the property on the right.

4. Freemont/Los Conchas Development Site
29.942 Acres (121,100 M2) This is a very desirable parcel of land located at the areas vital intersection of the main east /west corridor (Fremont Blvd) and the road to Las Conchas Resorts at the eastern city limits of Puerto Penasco , Sonora, Mexico. This ideal commercial location provides excellent frontage to Blvd. Fremont. This main artery brings the majority of traffic flow for those traveling into Puerto Penasco from Hermosillo, Caborca and more locally, The Mayan Palace Timeshare Resort as well as the beach communities of Playa Encanto and Playa La Jolla. The interior portion of this large parcel has been deemed as an attractive site for residential development with its convenient access to beach and town amenities and services and the prized frontage portion of the parcel is enviable for commercial and retail development, including restaurants, grocery, shopping and more.

Directions: From the intersection of Benito Juarez and Fremont Boulevard, go east on Fremont Boulevard for approximately 1.2 miles to the intersection of Las Conchas and Fremont Blvd. The property is in the Y to the south east of the intersection.

5. Marina Waterfront Development Site
Located at the Northwest corner of the Puerto Penasco Harbor, this lot has excellent access by land and sea. The rectangular shaped lot of approximately .8 acres in size is ideal for commercial, hotel or condominium development. This location will benefit greatly from the ongoing marina redevelopment program and Penasco's significance in the nation's nautical ladder. The city's plans to revamp the harbor area have encouraged new development around the marina area, including current construction of a national chain hotel and a modern comercial/retail development. Easy access to this parcel allows for a variety of options for development.

Directions: From the intersection of Benito Juarez and 13th Street (Calle 13), go west on 13th Street. Cross the railroad tracks and continue until reaching an intersection as the street starts up an incline. It is an unmarked road identified by a Sushi restaurant just before this intersection, and a Kino Convenience Store, just after this intersection. Turn left at this intersection onto a dirt road and go 3 blocks to the lot, which is marked by bright yellow building on the corner.

6. Placita Melanie (Melanie Plaza)
This beautifully designed building contains 22 units ranging from 426 to 2,299 square feet. The building totals 19,345 square feet and is situated on a 2,500 M2 (8,221 square foot) lot with 90 parking spaces. Melanie Plaza is located on Fremont Boulevard, the citys main east/west thoroughfare and it is situated in the tourist zone. It is perfect for commercial, medical and retail tenants. These units may also be re-sold as commercial condominiums.

Directions: From the intersection of Benito Juarez and Fremont Boulevard, go east on Fremont Boulevard for 0.8 mile to the property on the right.

7. Majestic Business Park
Strategically located in the Tourist Zone, this modern 22,800 square foot building features 14 Warehouse/Office Units. Each unit contains private offices with private bathrooms, and square footage beginning at 1200 SF per unit. The lot totals 48,060.8 square feet (4, 465 M2).

Directions: From the intersection of Benito Juarez and Fremont Boulevard, go east on Fremont Boulevard for 0.9 mile, turn right on an un-named street and go to the first drive on the on the right. The entrance is gated.

AUCTION INFORMATION For more information, call (866) 673-9270 or
(256) 413-0555.

PROPERTY INSPECTION The property is available for viewing any time. Auction representatives will be on site at Melanie Plaza, Unit 107 from May 28 to June 4 from 10 00 a.m. until 5 00 p.m. daily (Arizona Time).

AUCTION SHOWING SITE Placita Melanie (Melanie Plaza), Suite 107.
Directions From the intersection of Benito Juarez and Fremont Boulevard, go east on Fremont Boulevard for 0.8 mile to Placita Melanie on the right.

AUCTION LOCATION The auction will be held at the Marriott Phoenix Airport, 1101 North 44th Street, Phoenix, Arizona, 85008, phone 800-228-9290.

AUCTION REGISTRATION To bid at the auction, you must first register and receive a bid number. A bid deposit of $25,000 per tract will be required at registration and will be refunded at the close of the auction, or applied to the earnest money deposit, as appropriate. The bid deposit may be in the form of a certified check made payable to the bidder, or a personal or company check with a bank letter of guarantee.

TERMS A ten percent (10 ) down payment will be due immediately upon being declared the Buyer of the real estate. The certified fund amount of $25,000 will be credited toward the payment. The balance of the purchase amount will be due at closing within 30 days.

AUCTION FEE A buyers premium of 10 will be added to the successful high bid price to arrive at the total contract price paid by the purchaser.

BROKER PARTICIPATION The Redfield Group encourages buyer broker participation and will pay a fee to the purchaser's realtor/broker-subject to certain guidelines. Call 866-673-9270.