SOLD – ABSOLUTE COMMERCIAL REAL ESTATE LAND AUCTION

Real Estate & Personal Property

This 37.274+/- Acre Tract has Approx. 661+/- Ft. of Highway Frontage along the South Lake Drive & Highway 59.  Water/Sewer Service is Available along with Gas. This Property has Easy Access and High Visibility from Both Directions.  Current Daily Traffic Count of +/-. Ideal for Commercial Development & Multi-Family Uses. This Property has the Potential of (5) Concrete Driveways with Pond and Creek.  There is a Gas Easement along the West Side of the Property and Railroad Easement along the North Side of the Property.

Do not miss this tremendous business and investment opportunity to own an excellent development property!!

MAP / LOCATION

South Lake Dr. and Hwy. 59, Texarkana, TX 75501

TERMS OF AUCTION

LIVE ON-SITE TERMS: 10% down per tract day of sale in certified funds or approved check. Title insurance and warranty deed furnished at closing, closing within 30 days, 10% buyers premium. If sold in tracts survey will be split 50/50 between seller and buyer. Announcements made day of sale take precedence over all advertising.

Brokered by; Century 21 All Points Realty LN# 9003683

Designated Broker of Firm; Henry E. Snow LN# 552095

Auctioneer; Nick D. Fowler TLN# 16430

CLOSING COMPANY:

Twin City Title, Closing Agent: Raymond Griffin

3310 Arista Blvd, Texarkana, TX 75503  –  903-793-7671

 

ONLINE BIDDING TERMS:

$10,000 Down per tract at the conclusion of the auction, balance due at closing within 30 days, title insurance and warranty deed furnished at closing, 10% buyer premium. If sold in tracts survey will be split 50/50 between seller and buyer.  Bids from pre-bidding will convey to live auction.

DOWN PAYMENT is non-refundable and must be paid in full via Wire Transfer at the conclusion of the auction with the balance due in 30 days at closing. Purchaser will receive a general warranty deed at closing. additionally, seller will provide purchaser an “owners” title insurance policy at closing. Buyer and Seller will be responsible for their closing cost. Bids from pre-bidding will convey to live auction. If you are the successful purchaser you will be contacted at the conclusion of the auction. Participation Requirements: Valid credit card required for bidding approval, name, valid address, and valid email address. NO EXCEPTIONS!! All property is sold ‘AS IS’.  There will be a $20.00 fee assessed for the wire transfer. Buyer’s Contract:  Fowler Auctioneers, Inc. website/bidding platform are a contract, and you are responsible for paying all amounts due. Seller/Fowler Auctioneers, Inc./Century 21 All Points Realty has the right to accept or reject any and all offers.

Brokered by; Century 21 All Points Realty LN# 9003683

Designated Broker of Firm; Henry E. Snow LN# 552095

Auctioneer; Nick D. Fowler TLN# 16430

Registration finalizes – Each bidder agrees to terms and conditions of sale.  Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind.  Buyer is to perform all inspections prior to auction with professionals of their choosing. Fowler Auctioneers, Inc./Century 21 All Points Realty represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.

Fowler Auctioneers, Inc./Century 21 All Points Realty is acting exclusively as an agent for Seller and not as an agent for any Bidder or Buyer. No third-party broker is acting as a sub-agent of Auctioneers.  All properties are absolutely sold “as is, where is” with no contingencies. Announcements made day of sale take precedence over all advertisement. All information given orally or in writing was derived from sources believed to be correct but is not guaranteed.  All real estate dimensions are only approximations.  Buyers shall rely entirely on their own information, judgment and inspection of the property and records.

Offers Made Prior to Auction Day are Welcome! In the case a pre-auction offer is made to our office, we will then present to the seller, if the seller accepts the offer the property will become sold and the auction will be canceled. All bidders will be notified.

STILL HAVE QUESTIONS? CONTACT US!
(870) 356-4848