REAL ESTATE AUCTION – Approx. 5 Acre Income Producing Industrial Property

November 16, 2018

11:00 am

5105 E Morris Blvd., Morristown, TN 37813

see above

Property Can Be Viewed At Any Time

Auctions Information

REAL ESTATE AUCTION

Estate of Patricia Jenkins

Approx. 5 Acre Income Producing Industrial Property

5105 E Morris Blvd. (at the intersection of Larry Baker Dr.), Morristown, TN 37813

SALE 2

AUCTION DATE/TIME:  Friday, November 16th at 11:00am

Auction to Conducted On-Site

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

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PROPERTY DETAILS: Approx. 5 Acre Income Producing Industrial Property
  • Approx. 5 Acres (two tax parcels: 026 087.33 & 026 088.01)
  • Currently Leased by MDS (Morristown Drivers Services, Inc.) for $2000.00 per month
  • Over 600 Feet Frontage on E Morris Blvd. & Over 300 Feet Frontage on Larry Baker Drive
  • Fully Fenced, Level and Graveled Corner Location
  • 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: N/A
  • Gas: Available

ESTIMATED REAL ESTATE TAXES
  • $1,467.31 (Hamblen County), $1,000.44 (City of Morristown)

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

 ZONING
HI, Heavy Industrial (City of Morristown)

DIRECTIONS
From intersection of 25E and E Morris Blvd., Take E Morris Blvd. east approx. 2.2 miles to property on left.

Organizers

Contact Information

Rob Strickland or Chuck Fisher 865.546.3206

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