ENDED – ABSOLUTE REAL ESTATE AUCTION – 4 Outparcels Adjacent to Home Depot

AUCTION LOCATIONLaboratory Road, Oak Ridge, TN

AUCTION DATEJune 16, 2017

AUCTION TIME 12:00 pm

TIME ZONEEST

INSPECTION DATEProperty Can Be Inspected At Any Time

INSPECTION TIMEProperty Can Be Inspected At Any Time

CONTACTChuck Fisher 865.546.3206 or Rob Strickland 865.310.3208

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Auction Information

PROPERTY DETAILS:

Absolute Real Estate Auction

4 Outparcels Adjacent to Home Depot

To Be Sold Separately

Laboratory Rd. & Oak Ridge Turnpike at Entrance(s) to Home Depot

Auction to be held at Parcel 6

Oak Ridge, TN

CLICK HERE TO VIEW PARCELS 1 & 2


Property Details

  • Four Out-Parcels Adjacent to Home Depot
    • Parcel 3
      • 1.29 Acres
      • Located at corner of Laboratory Rd. at Home Depot Entrance
    • Parcel 4
      • 1.33 Acres
      • Located just off corner of Laboratory Rd. at Home Depot Entrance
    • Parcel 5
      • 0.88 Acres
      • Located at corner of Oak Ridge Turnpike at Home Depot Entrance
    • Parcel 6
      • 1.53 Acres
      • Located Directly Adjacent to Home Depot Building off Laboratory Rd.
  • All Parcels Located At Major Entrances and Adjoin Home Depot Property
  • Outstanding Visibility at Entrance to Major Retail Center
  • Ideal for Retail or Office Use
  • All Utilities Available
TN License #62

ONLINE BIDDING


top-bid-now-button

PAYMENT TERMS


5% Buyer’s Premium on site, 8% On-Line - 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.  CLOSING MUST OCCUR WITHIN 30 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

ZONING


Zoning: B-2: General Business (City of Oak Ridge)

UTILITIES


  • Electricity: City of Oak Ridge
  • Water: City of Oak Ridge
  • Sewer: City of Oak Ridge
  • Gas: Oak Ridge Utility District Board
Utilities are available but are not currently connected.

TAXES


Estimated Real Estate Taxes
  • Parcel 3:
    • City: $1,967.62
    • County: $2,025.79
  • Parcel 4:
    • City: $2,018.02
    • County: $2,077.68
  • Parcel 5:
    • City: $1,879.92
    • County: $1,935.50
  • Parcel 6:
    • City: $776.16
    • County: $799.11
  • Current Year Taxes will be Pro-Rated as of Closing
  • Any Back/Delinquent Taxes will be Paid by Seller

DIRECTIONS
Take Pellissippi Parkway toward Oak Ridge. Stay straight on Oak Ridge Hwy (SR 62 West) past the Exxon Station. Oak Ridge Hwy becomes S Illinois Ave. Follow Illinois Ave. approx. 1.3 mile to LaFayette Dr. Turn right onto Lafayette Dr. and travel approx. 0.8 miles to right onto Laboratory Rd. As you turn right into Home Depot, Parcels 1 & 2 are located on your immediate right. Parcel 3 is located at Oak Ridge Hwy entrance to Home Depot. Parcel 4 is located directly to right of Home Depot building.

Auctions Information

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