ONLINE ONLY REAL ESTATE AUCTION – Approx. 2.29 Acres with Improvements

September 23, 2021

3:00 EST

Property Can Be Viewed At Any Time

 

Rob Strickland 865.310.3208 or Chuck Fisher 865.310.3204

Auction Information

ONLINE ONLY REAL ESTATE AUCTION

Approx. 2.29 Acres with Improvements

Hwy 11E (Adjacent to Dollar General), New Market, TN


Bidding Opens on Tuesday, September 21st at 9:00 am

Bidding Ends on Thursday, September 23rd at 3:00 pm


INSPECTION: Property can be inspected at any time


PROPERTY DESCRIPTION
  • Approx. 2.29 Acres (consisting of 3 parcels being sold as one)
  • Located Directly Adjacent to Dollar General in New Market, TN
  • Improve with Income Producing Billboard & 30’ x 40’ Commercial Building
  • Rear of Property Bordered by Lost Creek
  • Great Location, Convenient to Knoxville & Jefferson City

Samuel J. Furrow | TN PBL #26

PAYMENT 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, or wire plus a real estate sales contract must be signed. Balance is due in certified funds at closing.
  • CLOSING MUST OCCUR WITHIN 20 DAYS. NO EXTENSIONS AVAILABLE.
UTILITIES AVAILABLE
  • Electric: Appalachian Electric Coop
  • Water: New Market Utility District
  • Sewer: N/A (existing septic system on site)
  • Gas: N/A

Indicated utilities are available to the property but not connected.

ZONING
  • A-1: General Agricultural/Estate Residential District
REAL ESTATE TAXES
  • Jefferson County: $865.27 Annually
  • City of New Market: $237.06 Annually

    Taxes will be pro-rated at closing

    Back/Delinquent Taxes (if applicable) will be paid by seller

DIRECTIONS
  • Located on Hwy 11E in New Market directly adjacent to Dollar General.

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