Land Management

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Gilmore-First Chance Creek

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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.