Absolute Auction Without Minimum or Reserve: 15.46 Acre Development Tract
Previous Page Listing ID#: 33707

Auction Location

Lenoir City, TN 37772
Auction Dates and TimesSALE IS COMPLETED
Thursday Mar 16, 2017 Completed
Auction Type
 Live Auction 
Company Information
Furrow Auction Company

Website: www.furrow.com

GoToAuction.com ID#: 2671
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Listing Terms and Conditions
10% Buyer’s Premium On Site, 13% Buyer's Premium Online - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due sale date in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE. Acreage is believed to be accurate, but not guaranteed. This property is sold “as is, where is” with all faults, with no warranties either implied or expressed except warranty of title.
Listing Information
 

Absolute Real Estate Auction - 15.46 Acre Development Tract

Located at the North Side of McGhee Blvd 

Just West of the Intersection with Hwy 321 in Lenoir City

Auction:  Thursday, March 16 at 12 Noon

Property May Be Inspected at Any Time

 

PROPERTY DETAILS:

Approximate 15.46 Acre Development Tract Located on North Side of McGhee Blvd just West of Intersection with Hwy 321.

 

  • 15.46 Acres of Land in the Heart of Lenoir City
  • 85.28 Feet Frontage on Hwy 321
  • 733.68 Feet Frontage on McGhee Blvd
  • Additional Access Via Rose St., Cherry St., & Walnut St.
  • Ideally Located Just Off Hwy 321 at Intersection with McGhee Blvd (Behind Weigels)
  • Commercial Zoning
  • All Utilities Available
  • Convenient to I-40

PAYMENT TERMS

10% Buyer’s Premium On Site, 13% Buyer's Premium Online - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due sale date in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.  CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.  Acreage is believed to be accurate, but not guaranteed.  This property is sold “as is, where is” with all faults, with no warranties either implied or expressed except warranty of title.

 

ZONING

The subject property is zoned as follows:

  • C-3 - Highway Commercial District (Lenoir City)
 

UTILITIES

  • Electricity: LCUB
  • Water: LCUB (along McGhee Blvd, & West Side of Hwy 321)
  • Sewer: LCUB (along McGhee Blvd & Rose Ave)
  • Gas: LCUB (along Rose Ave & Walnut St)
 

Estimated Real Estate Taxes:

  • Loudon County:  $1,150.00 (approximately)
  • Lenoir City:  $839.50 (approximately)
    • Buyer is responsible for pro-rated share of current year property taxes.
    • Any and all back/delinquent taxes will be paid for by seller.
 
Schools
  • Elementary:  Highland Park
  • Middle:  North
  • High:  Lenoir City
 

DIRECTIONS

Located at the intersection of McGhee Blvd & Hwy 321 behind Weigels Convenience store.

 
Auction License: TN Lic. 26
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Absolute Auction Without Minimum or Reserve: 15.46 Acre Development Tract

Furrow Auction Company

Furrow Auction Company

Contact:
Phone:
Sale Location
North Side of McGhee Blvd Just West of Intersection w/ Hwy 321
Lenoir City, TN 37772
Sale Dates and Times
Thursday Mar 16, 2017 Completed
Sale Terms and Conditions
10% Buyer’s Premium On Site, 13% Buyer's Premium Online - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due sale date in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE. Acreage is believed to be accurate, but not guaranteed. This property is sold “as is, where is” with all faults, with no warranties either implied or expressed except warranty of title.
Listing Details
 

Absolute Real Estate Auction - 15.46 Acre Development Tract

Located at the North Side of McGhee Blvd 

Just West of the Intersection with Hwy 321 in Lenoir City

Auction:  Thursday, March 16 at 12 Noon

Property May Be Inspected at Any Time

 

PROPERTY DETAILS:

Approximate 15.46 Acre Development Tract Located on North Side of McGhee Blvd just West of Intersection with Hwy 321.

 

  • 15.46 Acres of Land in the Heart of Lenoir City
  • 85.28 Feet Frontage on Hwy 321
  • 733.68 Feet Frontage on McGhee Blvd
  • Additional Access Via Rose St., Cherry St., & Walnut St.
  • Ideally Located Just Off Hwy 321 at Intersection with McGhee Blvd (Behind Weigels)
  • Commercial Zoning
  • All Utilities Available
  • Convenient to I-40

PAYMENT TERMS

10% Buyer’s Premium On Site, 13% Buyer's Premium Online - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due sale date in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.  CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.  Acreage is believed to be accurate, but not guaranteed.  This property is sold “as is, where is” with all faults, with no warranties either implied or expressed except warranty of title.

 

ZONING

The subject property is zoned as follows:

  • C-3 - Highway Commercial District (Lenoir City)
 

UTILITIES

  • Electricity: LCUB
  • Water: LCUB (along McGhee Blvd, & West Side of Hwy 321)
  • Sewer: LCUB (along McGhee Blvd & Rose Ave)
  • Gas: LCUB (along Rose Ave & Walnut St)
 

Estimated Real Estate Taxes:

  • Loudon County:  $1,150.00 (approximately)
  • Lenoir City:  $839.50 (approximately)
    • Buyer is responsible for pro-rated share of current year property taxes.
    • Any and all back/delinquent taxes will be paid for by seller.
 
Schools
  • Elementary:  Highland Park
  • Middle:  North
  • High:  Lenoir City
 

DIRECTIONS

Located at the intersection of McGhee Blvd & Hwy 321 behind Weigels Convenience store.

 
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Absolute Auction Without Minimum or Reserve: 15.46 Acre Development Tract
 Live Auction
 
Auction Date(s)
Thursday Mar 16, 2017 Completed
Auction Location

Lenoir City, TN 37772
Company
Furrow Auction Company

Website: www.furrow.com

Listing Terms and Conditions
10% Buyer’s Premium On Site, 13% Buyer's Premium Online - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due sale date in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE. Acreage is believed to be accurate, but not guaranteed. This property is sold “as is, where is” with all faults, with no warranties either implied or expressed except warranty of title.
CLICK HERE TO VIEW THIS AUCTION ON OUR WEBSITE!
 

Absolute Real Estate Auction - 15.46 Acre Development Tract

Located at the North Side of McGhee Blvd 

Just West of the Intersection with Hwy 321 in Lenoir City

Auction:  Thursday, March 16 at 12 Noon

Property May Be Inspected at Any Time

 

PROPERTY DETAILS:

Approximate 15.46 Acre Development Tract Located on North Side of McGhee Blvd just West of Intersection with Hwy 321.

 

  • 15.46 Acres of Land in the Heart of Lenoir City
  • 85.28 Feet Frontage on Hwy 321
  • 733.68 Feet Frontage on McGhee Blvd
  • Additional Access Via Rose St., Cherry St., & Walnut St.
  • Ideally Located Just Off Hwy 321 at Intersection with McGhee Blvd (Behind Weigels)
  • Commercial Zoning
  • All Utilities Available
  • Convenient to I-40

PAYMENT TERMS

10% Buyer’s Premium On Site, 13% Buyer's Premium Online - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due sale date in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.  CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.  Acreage is believed to be accurate, but not guaranteed.  This property is sold “as is, where is” with all faults, with no warranties either implied or expressed except warranty of title.

 

ZONING

The subject property is zoned as follows:

  • C-3 - Highway Commercial District (Lenoir City)
 

UTILITIES

  • Electricity: LCUB
  • Water: LCUB (along McGhee Blvd, & West Side of Hwy 321)
  • Sewer: LCUB (along McGhee Blvd & Rose Ave)
  • Gas: LCUB (along Rose Ave & Walnut St)
 

Estimated Real Estate Taxes:

  • Loudon County:  $1,150.00 (approximately)
  • Lenoir City:  $839.50 (approximately)
    • Buyer is responsible for pro-rated share of current year property taxes.
    • Any and all back/delinquent taxes will be paid for by seller.
 
Schools
  • Elementary:  Highland Park
  • Middle:  North
  • High:  Lenoir City
 

DIRECTIONS

Located at the intersection of McGhee Blvd & Hwy 321 behind Weigels Convenience store.