SOLD – Absolute Real Estate Auction – 130 Acres, Louisville Road

AUCTION LOCATIONLouisville Road & Cox Road, TN

AUCTION DATEMay 14, 2016

AUCTION TIME 10:30 am

TIME ZONEEasterm

INSPECTION DATEProperty Can Be Inspected at Any Time

INSPECTION TIMEProperty Can Be Inspected at Any Time

CONTACTChuck Fisher or Rob Strickland 865.546.3206

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THIS AUCTION HAS ENDED.

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To Be Sold To The Highest Bidder Without Minimum or Reservation.


Absolute Real Estate Auction Saturday, May 14th, 10:30 am Approx. 130 Acres, Sub-Divided into 13 Tracts Louisville Road at Dug Gap Road, Louisville, TN (across from the intersection of Louisville Road and Cox Road)
2% Broker Participation. Pre-registration at least 24 hours before auction is required.
Sale To Be Conducted On Site
  • 130 Acres – Subdivided Into 13 Tracts (Tracts Ranging from 5 Acres to 23 Acres)
  • To be offered Separately and as a whole
  • Mixture of Pasture and Wooded Tracts
  • Over 2,000 Feet Frontage on Louisville Rd.
  • Additional Frontage on Dug Gap Rd.
  • One of Few Tracts in town of Louisville with Commercial Zoning (partial – approx. 28 acres)
  • Convenient to I-140 and West Knoxville as well as Airport
  • Ideal for Mixed Use Development
The field at the front of the property where it fronts on Louisville Rd. has recently been planted in wheat.  The owner of the crop will have through the end of June to harvest the crop.  In the event a prospective buyer would like to inspect the property, please stay off the front field so as not to disturb the crop.
In conjunction with Harry Thayer, Dean-Smith. Dean-Smith_Logo_agent_Richard_vector-2
Terms: 10% Buyer’s Premium. Successful bidders will deposit 10% of the purchase price (including buyer’s premium) and is due Sale Day 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.

There is a 2% Broker Participation available. Pre-registration at least 24 hours before auction is required.
Broker Participation Form (130 Acres - Louisville Rd).
Tax Information
Approx. Blount County Taxes: $1,292.43
  • Buyer is Responsible for Pro-Rata Share of Current Year Taxes
  • Back/Delinquent Taxes (if applicable) Will be Paid by Seller
  • Rollback Taxes (if applicable) Will be Paid by Seller
Zoning
According to the Town of Louisville Planning Office, the subject property is zoned as follows:
  • C-1 – Commercial (approx. 28 acres on front of property along Louisville Rd.)
  • R-1 – Residential and Agricultural (remainder of Property)
Utility Information
  • Electric: City of Alcoa
  • Water: South Blount Utility District (water lines are located along Louisville Road)
  • Sewer: Not Available
  • Natural Gas: Not Available
School Information According to Blount County Schools, the subject property is zoned for the following schools:
  • Middlesettlements Elementary
  • Union Grove Middle
  • William Blount High
Directions:  Off Pellissippi Parkway take Exit 9 and travel south (towards Louisville) on Topside Rd. approx. 2.9 miles.  Turn right onto Louisville Rd. and travel approx. 1.4 miles to property on Left.  Look for signs.
 

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