MAYS LANDING, N.J. & LOS ANGELES--(BUSINESS WIRE)--Heritage Zetabid Realty & Auction Services, a division of Heritage Global Inc., announced today the sale at public auction of a 155 acre property owned by Santore Sand and Gravel located at 4555 Thelma Ave, Mays Landing NJ. The extensive site was operated as sand and gravel mine and includes a 40 acre lake.
The online auction is scheduled for October 19 through October 20, 2015 and will be conducted at www.zetabid.com. The starting bid is $1 and there is no minimum reserve price.
“The upcoming auction of Santore Sand and Gravel’s 155 acre site presents a unique opportunity for potential buyers in the construction and mining industries to acquire an expansive industrial lot at an unprecedented value. The former sand and gravel operation was managed by the property owners for many years and was later leased to another operator. The property has been vacant since 2007 and has been well-maintained by the owners.”
Buyers must register in advance to obtain diligence information. As always broker cooperation is invited with a 4% fee available to qualified brokers representing their client. Site tours may be arranged with 48 hours prior notice. For more information visit www.zetabid.com.
About Heritage Zetabid Realty & Auction Services (www.zetabid.com)
Zetabid (Heritage Zetabid Realty & Auction Services is a division of Heritage Global Inc. (OTCQB: HGBL, CSE: HGP), conducts real estate auctions of estate homes and commercial real estate. Zetabid principals have sold a billion dollars’ worth of real estate including over 3,000 homes, numerous office, industrial, retail, multi-family and resort properties. Zetabid was initially founded by the Tribune Company (Los Angeles Times Media Group), DoveBid and CataList Homes.