REAL ESTATE AUCTION – Approx. 33.34 Acre Income Commercial Development Tract

AUCTION LOCATION1105 Gateway Service Park Rd., Morristown, TN 37813

AUCTION DATENovember 16, 2018

AUCTION TIME 12:00 pm

TIME ZONEEST

INSPECTION DATEProperty Can Be Viewed At Any Time

INSPECTION TIMEsee above

CONTACTRob Strickland or Chuck Fisher 865.546.3206

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Auction Information

REAL ESTATE AUCTION

Kenneth Jenkins Trust

Approx. 33.34 Acre Income Commercial Development Tract 

1105 Gateway Service Park Rd., Morristown, TN 37813

SALE 3

AUCTION DATE/TIME:  Friday, November 16th at 12:00pm

Auction to conducted on-site

INSPECTION DATE/TIMES: Property Can Be Viewed At Any Time

BID LIVE & ON-LINE


PROPERTY DETAILS: Approx. 33.34 Commercial Development Tract
  • Approx. 33.34 Acres
  • Gateway Service Park Rd. Terminates at Property
  • Over 1,300 Feet Frontage on Dr. Martin Luther King Blvd.
  • Level and Clear
  • Great Investment Opportunity!
  • Convenient to I-81

 TN License #62

PAYMENT TERMS


  • 10% Buyers Premium.  The successful bidders will deposit 10% of the purchase price (earnest money) 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. 

UTILITIES


  • Electricity: Available
  • Water: Available
  • Sewer: Available
  • Gas: Available

ESTIMATED REAL ESTATE TAXES
  • $2,675.40 (Hamblen County), $1,885.50 (City of Morristown)

  • *Current year taxes will be pro-rated at closing.*
  • *Back/Delinquent taxes (if applicable) will be paid by seller.*

 ZONING
IB, Intermediate Business District (City of Morristown)

DIRECTIONS
From intersection of 25E and TN 160.  Take TN 160 and travel east approx. 1.5 miles.  Turn right onto Sulphur Springs Rd and travel approx. 0.25 miles.  Turn left onto Gateway Service Park Rd and follow to end at property.

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