Northern Region Gilmore-First Chance Creek
Location
FAIRBANKS, ALASKA
TOWNSHIP 2 NORTH, RANGE 1 EAST,
SECTION 33, FAIRBANKS MERIDIAN
FAIRBANKS RECORDING DISTRICT
Description
The University of Alaska is offering a parcel of land for sale located approximately
13 miles northeast of Fairbanks. Access to this parcel is off the Steese Highway
and First Chance Creek Road. First Chance Creek Road is a partly platted public access
road. It is the responsibility of the purchaser to acquire access through the Mental
Health Trust Lands Office for the portion of First Chance Creek that is not platted
as public access.
Gilmore-First Chance Creek Parcel is located within the Fairbanks North Star Borough
with the majority of the parcel zoned General Use (GU-1) and the remaining southern
portion zoned as Rural and Agriculture 5 (RU-5). The parcel has spruce, birch, and
aspen trees. Utilities have not been extended to the lots. Interested parties are
encouraged to contact the electric service and phone providers to determine costs
associated with connecting to electric and phone service. Legal access to this parcel
will be the responsibility of the purchaser.
This parcel will be sold at or above fair market value.
This notice is effective until this parcel is sold.
Interested parties should thoroughly inspect this parcel prior to submitting an offer
to ensure that the parcel is suitable for the party’s intended use and to determine
all permitting requirements related to that intended use. Additional information
regarding this parcel may be available from local, state and federal offices, including
but not limited to: the city or borough assessor’s office, building permitting office
and land planning office; local utility companies; district recorder’s office; the
State of Alaska Department of Natural Resources, Department of Environmental Conservation,
Department of Fish and Game and Department of Transportation and Public Facilities;
and the U.S. Department of the Interior Bureau of Land Management, Geological Survey
and Environmental Protection Agency, and the U.S. Army Corps of Engineers.
The standard documents that will be used to close sales in this offering are available
for review below.
The price listed below is the MINIMUM PRICE.
| PARCEL | AREA | LEGAL | ACRES | PRICE | |
|---|---|---|---|---|---|
| FA.GL.0002 | Fairbanks (T2N R1E) | Section 33 | 639.640 | $450,000 |
PROCESS
Cash Purchase Terms and Conditions
The parcel(s) listed above is being offered for sale by the University of Alaska on
a first come, first served basis, at or above the Minimum Price. The terms and conditions
of this offering are available below. Offer to Purchase Forms are attached to the
terms and conditions. Offers must include a minimum of ten percent (10%) of the offer
amount, to be applied towards the purchase price. Cash purchases require that the
entire balance of the purchase price be paid in full at the time of closing. Cash
sales typically take up to 90 days to close, but earlier closings may be accommodated
at the University's discretion. Sample copies of the University's current cash sale
closing documents are available for review below.