ABSOLUTE AUCTION – Excellent 32.32 Acre Residential / Multi-Family Development Site, Easy Access to West Knoxville

April 8, 2021

12:00 EST

Property Can Be Viewed At Any Time

 

Rob Strickland 865.310.3208 or Chuck Fisher 865.310.3204

Auction Information

ABSOLUTE AUCTION

Excellent 32.32 Acre Residential/Multi-Family Development Site

Easy Access to West Knoxville

Illinois Avenue & Boeing Rd. (Additional Frontage on Mitchell Rd.)

Oak Ridge, TN 37830


THURSDAY, APRIL 8th at 12:00 PM
Auction to be Conducted from Mitchell Rd. Side of Property

INSPECTION: Property Can Be Viewed At Any Time


BID LIVE and ONLINE


PROPERTY DESCRIPTION
  • Approx. 32.32 Acre Development Tract
    • Located in Oak Ridge
    • Excellent Single/Multi Family Development Tract
    • Minutes from West Knoxville
    • All Utilities Available
    • Frontage on Boeing Rd. & Mitchell Rd.
    • Easy Access off Illinois Ave. or Lafayette Dr.
    • Located less than 0.25 miles off Hwy 321
    • All Utilities Available
    • Convenient to I-40

Samuel J. Furrow | TN PBL #26

PAYMENT TERMS
  • 10% Buyers Premium. The successful bidders will deposit 10% of the purchase price (including Buyers 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 within 20 days.
UTILITIES AVAILABLE
  • Electricity: City of Oak Ridge
  • Water: City of Oak Ridge
  • Sewer: City of Oak Ridge
  • Gas: Oak Ridge Utility District
ZONING
  • R-2: Two, Three and Four Family Residential District (City of Oak Ridge)
TAX INFORMATION
  • Anderson County: $5,921.43 (approx.)
  • City of Oak Ridge: $5,625.86 (approx.)

*Buyer is responsible for pro-rated share of current year property taxes.*

*Any and All Back/Delinquent taxes will be paid by seller.*

SCHOOL INFORMATION
  • Elementary: Woodland Elementary
  • Middle: Jefferson Middle School
  • High: Oak Ridge High
DIRECTIONS
  • Located at the intersection of Illinois Ave. & Boeing Rd. with additional access off Lafayette Dr. & Midway Ln.

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