FORECLOSURE REAL ESTATE AUCTION BY ORDER OF SECURED PARTY

June 22, 2023

11:30 Eastern

Thursday, June 15 9:00am - 4:00pm

 

Rob Strickland 865.310.3208 or Chuck Fisher 865.310.3204

Auction Information

FORECLOSURE REAL ESTATE AUCTION

BY ORDER OF SECURED PARTY

Magnificent 4800 sq. ft. Medical Office Building with incredible West Knoxville location on 1.2 acres, just of I-40/75 at Papermill with excellent access to the interstate, Kingston Pike and Middlebrook Pike.  In excellent condition, built by Hickory Construction.  Perfect for investor or owner-occupant.


Address: 4533 Papermill Drive, Knoxville, TN 37909


AUCTION: THURSDAY, JUNE 22, 11:30AM

INSPECTION: THURSDAY, JUNE 15, 9AM-4PM


   
    • Approximately 4,818 sf
    • 1.02 Acre Lot
    • Former Dental & Oral Surgery Office
    • Built in 2019
    • All Utilities Available
    • Ample Parking
    • Excellent West Knoxville Location
    • 2% Broker's Participation

Dental Equipment and Furnishings to be sold immediately following Real Estate. See Dental Equipment & Furnishings >  

Samuel J. Furrow | TN PBL #26

REAL ESTATE AUCTION TERMS


  • 10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s 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. CLOSING MUST OCCUR WITHIN 14 DAYS.

ESTIMATED REAL ESTATE TAXES


          • According to the Knox County Trustee’s Office and the City of Knoxville Finance Office, the annual real estate taxes for the subject property are as follows:
          • 2021 Knox County Delinquent taxes: $13,242.65 and 2022 Knox County Delinquent taxes: $10,484.50 for a total due of $23,727.15
          • 2022 City of Knoxville: $13,916.55
          • BUYER WILL BE RESPONSIBLE FOR ALL DELINQUENT AND CURRENT TAXES.

DIRECTIONS


From Interstate 40 Papermill Drive Exit, Travel East on Papermill Drive approx. 1.1 miles to property on left, directly across from Pond Gap Elementary. LOOK FOR SIGNS!! Get driving directions >      

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