COMMERCIAL REAL ESTATE AUCTION


SATURDAY OCT. 18, 2003 AT 10 A.M.

LOCATION: INTERSECTION OF NC HWY 73 & NELSON MOUNTAIN ROAD,
ALBEMARLE , NC 28001


2 COMMERCIAL TRACTS
WITH ACREAGE FOR DEVELOPMENT


  • TWO TRACTS OF OPEN LAND FOR DEVELOPMENT,    

  • TRACT 1) 2.639 ACRES,       TRACT 2) 2.923 ACRES,

  • ZONED G H B D  (GENERAL HIGHWAY BUSINESS DISTRICT )

  • ANNEXED INTO ALBEMARLE CITY LIMITS

  • SITE PLAN APPROVED FOR SEPTIC BY STANLY CO. ENVIRONMENTAL HEALTH DEPT.

  • NC DOT TRAFFIC COUNT BY PROPERTY 9710 VEHICLES PER DAY

  • ALL TAXES THROUGH 2003 HAVE BEEN PAID

  • GREAT PROPERTY FOR CONVENIENT STORE OR BUSINESS

  • EACH LOT HAS 225 FEET OF FRONTAGE ON NC HWY 73

  • LOCATION IS IDEAL FOR MANY INVESTMENT POSSIBILITIES

  • TRACT ONE IS A WONDERFUL CORNER LOT WITH 225 FT OF ROAD FRONTAGE ON 73 AND OVER 500 FEET OF FRONTAGE ON NELSON MOUNTAIN ROAD

  • DON’T MISS THIS UNIQUE OPPORTUNITY TO BUY COMMERCIAL PROPERTY READY FOR SITE DEVELOPMENT WITH LOTS OF LEG WORK ALREADY FINISHED!!
     

TERMS ON REAL ESTATE:

  • Property sells as-is, no contingences, no warranties, title will be conveyed by a General Warranty Deed.
  • A non-refundable deposit of $ 10,000.00 per tract (in certified funds) will be required on sale day. Balance at closing on or before November 18, 2003.
  • A standard offer to purchase will be executed on sale day . Property being sold subject to owners confirmation.
  • A 6% buyers premium will be in effect. All taxes are paid in full through 2003 and will not be pro-rated.

    Announcements made on sale day take precedence over all other advertising, or oral statements made. The information contained in this flyer and all other ads have been gathered from sources deemed reliable , but the Auction Co. makes no guarantee or warranty therewith. Potential buyers are urged to inspect and research properties to their satisfaction. Inspection of property by appointment or at buyers leisure. For more info call or visit website.