Sevier County Commercial Property Auction Thursday, May 5, 2016 Time: 12 NOON Roberts Court Sevierville, TN 37862 Office: Knoxville Agent: Kenny Phillips ESTATE AUCTION Sevier County Commercial Property Auction Being Sold to Settle the Estate of Mary Jayne Greene Thursday, May 5th at 12 NOON Roberts Court Sevierville, TN 37862 2.37 +/- Acres Located in close proximity to Dollywood, Pigeon Forge and Sevierville Excellent Development Potential 0.7 mile from Veterans Blvd ---the eastern Tourist Parkway Parcel/ Tax ID: 073 066.11 Property Description: 2.373 acres Zoned: C-1 Tennessee Tourism "blue" location sign possible at Jayell and Veterans Blalock-prepared site for up to 10,000 sq. ft. building (404 fill loads) Site preparation in 2003 Sevier County Health Department permits: commercial and 2 bedroom residential 1200 gal. commercial, dual clean out septic and drain fields 805 foot well, drilled in 2003 - above ground controls replaced in 2006 531 feet tree-lined creek frontage Pug-packed walking trail circles property 204 feet road frontage on Roberts Court Temporary electric and 4 poles for lighting 1,500 ft. fencing - combo white vinyl and attached cattle, dual 11 foot entry gates, and 4 walk through gates (3) 30-35 ft. flag poles (10) in-ground drains 10' x 16' steel, insulated outbuilding with power Parking areas formed for 80 vehicles Most site work complete TERMS: The successful high bidder on this property will be required to sign the Real Estate Purchase Agreement immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. The balance is to be paid in full at the deed closing within 30 days. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing. All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS" with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder's behalf. Current taxes will be prorated at the date of closing. All Measurements are from tax records and are approximate and not guaranteed. Tennessee Residential Property Condition Exemption Notification will be a part of the sales contract. DIRECTIONS: From Sevierville, head east on 411 toward Newport. After approx. 1.5 miles, turn right onto Veterans Boulevard. Go approx. 3.5 miles to left onto Jayell Road. Go approx. 1 mile, turn right onto Roberts Court. The property will be on the right. Important Information Bing Map CRS Report