Name Commercial Land - 4.52 acres - Fairview, TN
Auctioneer Hudgins Auctions
Type Online-Only Auction
Date(s) 12/21/2020 - 3/2/2021
Location 7103 Wiley Circle
Fairview, TN 37062
Buyer Premium 10% of the Bid Amount will be added
Description
Commercial Land in Fairview 4.52 acres on Fairview Blvd 472' frontage on Fairview Blvd (Hwy 100) 329' frontage on Wiley Circle Zoned: Commercial - all utilities available and on site The 4.52 acre parcel is improved with two main structures, an old school and a church building. The "old school" was converted to a residence and boasts over 2,500 square feet of living space. The "church building" contains 2,400 square feet of space on the main level and also features a full basement providing an additional 2,400 square feet of usable space. The property has a very nice hilltop eastern view. Some of the possible considerations for this parcel located in the heart of Fairview might include high density residential development, apartments, senior housing, professional offices, medical services, and more. Allow your imagination to explore the possibilities!
Auction Terms & Conditions PROCEDURE: The property will be sold as a whole - 4.52 acres per existing deed DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. Reserve Auction - Seller reservers the right to accept or reject the high bid. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: No new survey - Selling per existing deed. AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is Commercial UTILITIES: Water - Gas - Electricity - Sewer DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 2,000,000.00 10,000.00 USD
2,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% of the Bid Amount will be added