Commercial Property Located
Off I-40 at
Rutledge Pike
4320 McCalla Avenue
Knoxville, TN
Friday, May 20th, 2011 - 12:00 Noon
Inspection: By Appointment Only
Due to the
consolidation of offices, these properties are surplus assets of the
Burley Stabilization Company.
Burley Stabilization Corporation has
been in business as a reliable source of American grown burley tobacco
since 1953. Formed as a non-profit cooperative marketing association,
Burley Stabilization is farmer-owned and managed, providing quality leaf
directly to customers worldwide. Burley Stabilization purchases leaf
tobacco directly from farmer-members in the traditional burley producing
regions of the USA where the highest quality burley tobacco has been
grown for centuries.
Offered in Conjunction with:
Tom & Debaran Hughes of Realty
Executives
(865) 806-1886
2%
Broker Participation Offered
Click
here
for Broker Letter
SPECIAL FINANCING TO BE
OFFERED BY:
CLAYTON BANK AND TRUST
20% Down Payment; 10-20 Year Term
(Principal & Interest Payments Based on a 240 Month Amortization
Schedule); 1% Origination Fee; 6% Interest Rate
**Financing Subject to being
Pre-Qualified. Certain Terms & Conditions Apply**
For more information, please contact:
Nadim Jubran
(865) 300-4748
Nadim.Jubran@claytonbank.com
Property One:
Single-Level Office Building
4320 McCalla Avenue
Knoxville, TN
-
Approx. 4,112 s.f. Office Building (According to Knox
County Tax Records)
-
Ideally located just off of Interstate 40 at Rutledge
Pike, behind the Shoney’s
Property Two:
Two-Story Residential Home
325 Pelham Road
Knoxville, TN
·
Approximately 1,844 s.f. Residential Home (According to Knox County Tax
Records)
·
Located at the intersection of McCalla Avenue & Pelham Road, adjacent to
the office building
Utilities Available:
Electricity / Water / Sewer – Provided by KUB
Zoning:
Property One – Office Building – C3: General Commercial District
Property Two – Residential Home – C6: General Commercial Park
District
Estimated Real Estate Taxes:
Property One: Approximate Annual Knox County Taxes: $3,750.51
Approximate Annual Knoxville City Taxes: $3,909.43
TOTAL ANNUAL REAL ESTATE TAXES: $7,659.94
Taxes
to be pro-rated at closing
Property Two: Approximate Annual Knox County Taxes: $623.63
Approximate Annual Knoxville City Taxes: $650.06
TOTAL ANNUAL REAL ESTATE TAXES: $1,273.6
Taxes to be pro-rated at closing
Directions:
Traveling east on I-40, take Exit #392 for US-11W
(Rutledge Pike). At bottom of ramp, turn LEFT onto Rutledge Pike. Take
1st LEFT onto McCalla Avenue just before the Shoney’s
Restaurant. Both properties are directly behind the Shoney’s.
Terms:
10% Buyer's Premium - Successful bidders will deposit 10% of the
purchase price (including Buyer's Premium) and is due today 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.
Have a Question about this Auction?
Click
here
to send e-mail directly to a Furrow Representative.
**All Square Footage and
Acreage amounts are believed to be accurate but not guaranteed.
All information was obtained from appraisals and local courthouse
records.**
Homes built before 1978 may contain lead-based paint. |
