Sale 1: 3224 & 3232
Boatman's Mountain Rd,
Morristown, TN - 10:30AM
Approx.
144.96 Acres To be Offered in Two Tracts
Sale 2: 5320 Cub Circle, Morristown, TN - 12:00PM
Approx. 4,600 s.f. Commercial Building on
Large
Corner Lot
Saturday,
June 9th, 2012 - 10:30AM & 12:00PM
Open House: Thursday, May 31st, 10:00am - 2:00pm
Sale 1: 10:30 AM
·
Tract One: Approx. 103.5 Acres
·
Tract Two: Approx. 41.46 Acres
·
Spectacular Views of Cherokee Lake and the Mountains
·
Tract One (103.5 acres) improved with partially completed
approx. 3268 s.f. Log Home
·
Ideal mix of level pasture land and wooded hillsides
·
Both Tracts front on Boatmans Mountain Rd.
Sale 2: 12:00 PM
·
Approx. 4,600 s.f.
·
Large, Corner Lot
·
Located just one block off Andrew Johnson Hwy
·
Ideal for multiple commercial uses
·
Dual tenant potential
·
Ample parking
·
Fully fenced side yard
Zoning:
Sale One (3224 & 3232 Boatmans Mountain Rd.): A-1, Agricultural
Zone
Sale Two (5320 Cub Circle): I-B, Intermediate Business District
Utilities:
Sale One (3224 & 3232 Boatmans Mountain
Rd.):Electric (Appalachian Electric Cooperative), Water, Sewer & Gas are
currently not available
Sale Two (5320 Cub Circle): Electric, Water, Sewer (Morristown
Utilities), Gas (Atmos Energy)
Estimated Real Estate Taxes:
Sale One (3224 & 3232 Boatmans Mountain Rd.): Tract One (103.5
acres) - $3,068.23 annually
Tract Two (41.46 acres) - $927.31 annually
Schools:
Sale One (3224 & 3232 Boatmans Mountain Rd.):
Elementary: Morristown West
Middle: Lincoln Middle
High: Morristown West
Directions:
Sale One: From the intersection
of West Andrew Johnson Hwy East Morris Blvd., Go north on Walters Drive
approx. 4.6 miles. Turn left on Cherokee Dr. and go approx. 1.4 miles.
Turn right onto Noes Chapel Rd. (Noes Chapel Rd. will turn into Boatmans
Mountain Rd.) and go approx. 2.5 miles to property on right.
Sale Two: From the
intersection of West Andrew Johnson Hwy East Morris Blvd., go west on
Old Andrew Johnson Hwy approx. 3.6 miles. Turn left onto Panda Drive and
go approx. 0.1 mile to first left on to Cub Circle. Property will be
immediately on the right.
Terms:
10% Buyer's Premium - Successful bidders
will deposit 10% of the purchase price (including Buyer's Premium) on
sale day in the form of cash, certified check or wire, personal or
company check, plus a real estate contract must be signed. Balance is
due in certified funds at closing. CLOSING MUST TAKE PLACE WITHIN 20
DAYS. LAST POSSIBLE CLOSING DATE IS BY END OF DAY ON FRIDAY, JUNE 29TH,
2012. NO EXTENSIONS AVAILABLE. Sale day announcements
control terms of auction. Acreage and square footage believed to be
accurate, but not guaranteed.
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**All Square Footage and
Acreage amounts are believed to be accurate but not guaranteed.
All information was obtained from appraisals and local courthouse
records.** |
