SOLD – Absolute Real Estate Auction, 35 Acre Development Tract & Adjoining Residential Lot in Chattanooga

AUCTION LOCATION5564 Dayton Blvd, Chattanooga, TN 37415

AUCTION DATEApril 14, 2016

AUCTION TIME 12:00 pm

TIME ZONEEastern EST

INSPECTION DATEProperty Can Be Inspected At Any Time

INSPECTION TIMEProperty Can Be Inspected At Any Time

CONTACTChuck Fisher 865.546.3206

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Auction Information

THIS AUCTION HAS ENDED.

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


Absolute Real Estate Auction
Thursday, April 14th, 12:00PM Noon
35  Acre Development Tract & Adjoining Residential Lot (to be sold separately)
5564 Dayton Blvd.,Chattanooga, TN (Development Tract)
233 Allen St., Chattanooga, TN (Residential Lot)
Property Details:                 
  • 35.7 Acres, Mostly Wooded
  • Improved with a 2,810 s.f. Home (in major disrepair)
  • Approximately 775 Feet Frontage on Dayton Blvd.
  • Adjoining Residential Lot (233 Allen St.) to be Sold Separately
  • Mix of Commercial & Residential Zoning
  • Ideal for Commercial/Residential Development
2% BROKER PARTICIPATION
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.
There is a 2% Broker Participation available. Preregistration at least 24 hours before auction is required.
Tax Information
5564 Dayton Blvd. (35.7 Acre Development Tract)
  • Hamilton County Taxes: $838.68
  • City of Chattanooga Taxes: $700.31
233 Allen St. (Adjoining Residential Lot)
  • Hamilton County Taxes: $141.03
  • City of Chattanooga Taxes: $117.76
  • Current Year Taxes to be Pro-Rate at Closing
  • Back Taxes (if applicable) will be paid by Seller
Zoning
5564 Dayton Blvd. (35.7 Acre Development Tract) – Mixed Zoning
  • R-1:        Residential Zone
  • R-5:        Residential Zone
  • C-2:        Convenience Commercial Zone
233 Allen St. (Adjoining Residential Lot)
  • R-2:        Residential Zone
Utility Information
  • Electric: Electric Power Board (Not Currently Connected)
  • Water: Hixson Utility District (Not Currently Connected)
  • Sewer: City of Chattanooga (Not Currently Connected)
  • Natural Gas: Not Available
School Information
Coming soon...
Directions
From I-75 in Chattanooga, take the Bonny Oaks Dr. exit (exit 7) and travel west on Bonny Oaks Dr. approx. 4.1 miles. Merge onto TN-153 and travel NW approx. 5.7 miles. Turn left onto GADD Rd. and travel approx. 1.7 miles. Turn right onto Dayton Blvd. and travel approx. 0.4 miles to property on right. Look for Auction Signs.
 

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