Dates & Times (US/Eastern)

Thu, Jun 13, 2019 12:00 pm - 5:00 pm

Sale Address

Sale Description

Sevier County Commercial Real Estate Auction

Date: 06/13/2019

Time: 12 Noon

Location: Veterans Blvd

Office: Knoxville 

Middle Creek Rd and Veterans BlvdEstate Auction To Settle Estate of Brent Fox Live Auction On SiteThursday June 13 12 Noon48 Acres Fronting two major Sevier county roadsMiddle Creek rd and Veterans BlvdOnly minutes From Dolly wood with over 2.5 Million visitors a yearGreat Smokey Mountains and Pigeon Forge about 10 Million visitors a yearLocated in Prime medical and business district for Sevier County Zoning along Veterans Blvd C-5 Tourist CommercialZoning along Middle Creek Road C-4 Arterial CommercialUtilitiesNatural Gas                         Sevier County UtilitiesWater and Sewer              Sevierville Water System Electric                                Sevier County Electric SystemProperty will be offers in tract and grouping along each roadwayRecently offered for sale for 10 Million Dollars !! Now you Name The PriceTracts 1,2,3 selling to highest bidder, tract 4,5,6 will be subject to conformationTract 1, 9.83 Acres  Veterans Blvd Zoning c-5Tract 2, 8.35 Acres  Veterans Blvd Zoning c-5Tract 3, 8.60 Acres Veterans Blvd Zoning c-5Tract 4, 13.74 Acres Middle Creek rd Zoning c-4 residential homeTract 5, 2.53 Acres Middle Creek rd Zoning c-4Florist shop leased Dec 2020Tract 6, 7.51 Acres Middle Creek rd Zoning c-4 residential homeImportant LinksChamber Of CommerceSeverville ZoningVisit My SmokeysSevier County Economic CouncilSevier county SchoolsTERMS: The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions, and any other documents needed 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 contract price. US currency cash or approved check. The balance is to be paid in full at deed closing within 30 days. Court House Title Severville Tn, to conduct the closing.  Current taxes will be prorated at the date of closing. Seller to provide deed. Buyer is responsible for their title opinion, title insurance and recording fees. Customary title company closing costs to be split between the buyer and seller. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty, LLC and its auctioneers and employees are representing the sellers as the sellers’ Agents. All properties are sold “AS-IS, WHERE-IS and WITH ALL FAULTS,” without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage and age are approximate and not guaranteed. Seller and/or Agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify ALL information to their satisfaction prior to bidding. Tennessee Residential Property Exemption Notification will be a part of the sales contract.Selling from survey completed by Cantrell engineering and surveying llc dated October 19, 2018


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