ABSOLUTE REAL ESTATE AUCTION – 6 ACRE COMMERCIAL TRACT

August 19, 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 REAL ESTATE AUCTION - 6 ACRE COMMERCIAL TRACT TO BE SUB-DIVIDED INTO 2 TRACTS

4980 S Davy Crockett Parkway (Additional Frontage on Old Witt Rd.), Morristown, TN 37813


THURSDAY, AUGUST 19TH at 12:00PM
Auction to be On-Site

Property Can Be Viewed At Any Time


PROPERTY DESCRIPTION
  • 6 Acres
  • Sub-divided into two tracts, offered separately and as a whole
  • Mostly Clear and Level
  • Over 400 Feet Frontage on Davy Crockett Parkway
  • Over 800 Feet Frontage on Old Witt Rd.
  • 24,000 Vehicle Daily Traffic Count
  • Excellent Location Just 0.8 Miles Off I-81

In Conjunction with Paul LeBel, LeBel Commercial Realty, 423.307.1429

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
  • Electric: Appalachian Electric Cooperative
  • Water: Witt Utility District
  • Sewer: N/A – Closest line is currently 1,200 feet away from subject property
  • Gas: Atmos Energy
ZONING
  • IB – Intermediate Business District (City of Morristown)
REAL ESTATE TAXES
  • Hamblen County: $3,100.42 (approx.)
  • City of Morristown: $2,468.90 (approx.)

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

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

DIRECTIONS
  • Located just 0.8 miles south of I-81 off Exit 8 at the intersection of Old Witt Rd. & S Davy Crockett Parkway.

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