Property for Sale:

The 2.59± acre parcel is located in unincorporated St. Louis County.  The triangular shaped tract fronts 632.2’ along the west side of Majestic Drive (the west outer road of Route 141) extending south across from Centurion along a curve.  It measures 349.76’ on the north end and 640.08’ along the south boundary.  The probable use of this property is Commercial.  The property is zoned C-8 which has certain restrictions which may or may not currently apply.  Purchaser is on notice to review at its discretion.

Land Description:

A tract of land in the Northeast quarter of the Northeast quarter of Section 30, Township 44 North, Range 5 East, St. Louis County, Missouri and being more particularly described in Property Details.

Access to Property:

The deed of conveyance will contain the following reservation for limitation of access:

THIS CONVEYANCE is made upon the express condition that Grantee, their successors and assigns, shall have no right of direct access from the land herein conveyed to the adjacent highway now known as Relocated State Route 141, including its right of way, all such rights of direct access being reserved by Grantor, but there is reserved the right of usual direct access to the South Outer Road from the North property line of this conveyance to a point opposite Route 141 centerline Station 44+30 and also to the South Outer Road from centerline Station 45+90 to the South property line of this conveyance.

Utility Information:

The following utility clause will be added to the deed of conveyance:

THIS CONVEYANCE is made subject to easements of record and for construction or maintenance of utility facilities in place, if any, on the above described tract of land.

 

General Sales Information:

This property is being sold by sealed bid.  The terms of the sale include a ten percent (10%) down payment of the sale price on the day of contract.  Final payment will be required prior to recording of the deed.  The sale will not be finally approved until it has been presented to the Missouri Highways and Transportation Commission at their next practical meeting date.  The conveyance will be made by two Quitclaim Deeds, one executed by MoDOT and the other executed by David W. Matula and Patricia S. Matula, Husband and Wife, who share interest in the property.  MoDOT’s deed will include a utility clause, billboard restriction clause, and access clause.  No title insurance will be offered; purchaser can obtain title insurance if they desire.

To place a bid, print and complete two original Sales Agreement and Earnest Money Escrow Agreement documents and deliver them with a check for 10% of your bid in a sealed envelope addressed as follows:

Missouri Department of Transportation

1590 Woodlake Drive

Chesterfield, MO 63017

Attn:  R/W Cindy Coleman

(MARK) SEALED BID DO NOT OPEN

Sealed bids will be accepted until 1:00 p.m. on the 11th of September 2008.  We reserve the right to reject any or all bids.  Winning bidder will be notified by mail and/or by phone.  All bid data closed until sale is complete.

What information is available about this property?

• Map (749kb, 1 page pdf)
• Plan Sheet (136kb, 1 page pdf)
• Aerial Photograph (186kb, 1 page pdf)
• Aerial Photograph (135kb, 1 page pdf)
• Sales Agreement (35kb, 7 page pdf)
• Alternate Sales Agreement (37kb, 7 page pdf)
• Earnest Money Escrow Agreement (24kb, 5 page pdf)
• Title Commitment (34kb, 6 page pdf)
• Conveyance Document (Quitcliam Deed) (23kb, 4 page pdf)
• Final Matula Quitclaim Deed (18kb, 3 page pdf)

Who should I contact for more information?

For more information please contac Cindy Coleman of MoDOT at 314-340-4132 or modotrealtyassetd6@modot.mo.gov.