ENDED – Absolute Real Estate Auction of 23.42 Acres, to be Sold to the Highest Bidder without Minimum or Reserve

November 9, 2016

12:00 pm

Highway 411, Vonore, TN 37885

Property may be inspected at any time.

Property may be inspected at any time.

Auction Information

THIS AUCTION HAS ENDED.

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PROPERTY DETAILS:

2% Agent Participation Available!

  • 23.42 Commercial Land Sub-divided into Tracts to be Offered Separately and as a Whole
    • Tract 1 - 5.80 Acres
    • Tract 2 - 6.15 Acres
    • Tract 3 - 5.49 Acres
    • Tract 4 - 5.97 Acres
  • Located off of Highway 411 in Vonore, TN 37885
  • Annual Average Daily Traffic is Approximately 13,216, according to TDOT
  • Ideal Land for the Construction of Retail Establishments, Repair/Service Establishments, Overnight Lodging Establishments, and other Commercial Constructs.

PAYMENT TERMS


10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due sale date 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 (November 29, 2016). NO EXTENSIONS AVAILABLE.

ZONING


The subject property is zoned as follows:
  • C-3: Highway Commercial District

UTILITIES

  • Electricity: Loudon Utilities Board
  • Water: TASS (Tellico Area Services Systems)
  • Sewer: Town of Vonore
  • Gas: Loudon Utilities Board

TAXES


Estimated Real Estate Taxes:  
  • Monroe County Taxes:  $3,648.00
  • Vonore City Taxes:  $643.00
  • Total Approximate Property Taxes:  $4,291.00
  For more information on Monroe County taxes, please contact the Monroe County Trustee’s Office at office at (423) 442-2920 or visit www.monroetrustee.com. For more information Vonore City taxes, please contact Vonore City Hall at 423-884-6211 or visit www.townofvonoretn.com.

AGENT PARTICIPATION A 2% agent participation is available on this property. View the Documents Now

DIRECTIONS
From I-75, take exit 72 (Hwy 72) and travel south 15.6 miles.  Turn left onto US-411 N and travel 2.6 miles.  Property is on the left.

Organizers

Contact Information

Rob Strickland or Chuck Fisher, 865-546-3206

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