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ABSOLUTE REAL ESTATE AUCTION, COMMERCIAL & RESIDENTIAL POTENTIAL ~ CENTERTON, AR

Date

Thursday, Feb. 28, 2019 at 1:00 PM CST

Auction Location

111 Keller Road, Centerton, Arkansas 72719

Real Estate Description

ATTENTION: REAL ESTATE DEVELOPERS, HOME BUILDERS & INVESTORS! 
40+/- Acres in Centerton, Arkansas ~ Surrounded by Growth, City Utilities, Level & Ready to Develop ~ 
At the Corner of HWY 102 (Centerton Blvd.) & Keller Rd. ~ Offered in Tracts & Combinations ~ 
Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE ON AUCTION DAY!

REAL ESTATE DESCRIPTION:  This 40+/- Acre Parcel is Prime Residential & Commercial Development Property in the Centerton City Limits & has Endless Development Potential ~ 2 Miles from the Bentonville West High School, 7 Miles from the New Walmart Headquarters Home Office & 8 Miles from Northwest Arkansas Regional Airport XNA or Crystal Bridges Museum ~ HWY 102 Frontage w/a Daily Traffic Count of 7,900 VPD ~ The Entire Parcel has All Utilities Available, is Zoned A-1 & has Recently Gone Through a Lot Split Process Resulting in Three (3) Separate Tracts which Will be Offered Individually & in Combinations ~ (TRACT 1) is Approx. 19.43 Acres w/ 655.52 Ft. of Frontage on Keller Road & 1,290 Ft. in Depth ~ (TRACT 2) is Approx. 9.36 Acres w/ 658.45 Ft. of Frontage on W. Centerton Blvd. & 619 Ft. in Depth ~ (TRACT 3) is Approx. 8.96 Acres & Located on the Corner of W. Centerton Blvd. & Keller Road ~ There is a Single-family Residence (Approx. 1,988 SF w/Carport & Various Outbuildings) there are Approx. 630.11 Ft. of Frontage on W. Centerton Blvd. & 618.98 Ft. of Frontage on Keller.

AUCTION DETAILS:  This Auction will be Conducted using a Multi-Par Auction Method in (3) Tracts & Any Combination of Tracts ~ Every Tract to be Sold Regardless of Price to the Highest Bidder on Auction Day!

AUCTIONEER’S NOTE:  Northwest Arkansas enjoys a robust economy; low unemployment, a highly active housing market, quality private and public schools, major employers such as the University of Arkansas, JB Hunt Transport, Tyson Foods, Walmart, numerous hospitals, and retail centers.  The quality of life in Northwest Arkansas ranks near the top in most publications.  Growth here is dynamic!  Don’t miss this tremendous investment opportunity to own an excellent, ready to go development property!

TERMS ON REAL ESTATE:  (TRACTS 1, 2 & 3) $50,000.00 (Each), All in the Form of a Cashier’s Check (NO EXCEPTIONS) Down Day of Auction ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome!

INSPECTION:  Inspect this Property Anytime or Contact Agents, David Brewer at 501-760-8510/ david@wilsonauctioneers.com or Chuck Dicus at 501-920-7511/ chuck@wilsonauctioneers.com for Additional Information ~ Auctioneers will be On-site at 11:00 a.m. Day of Auction.

DIRECTIONS:  From the Intersection of HWY 71B (S. Walton Blvd.) & HWY 102 (SW 14th. St.) in Bentonville, Arkansas ~ Travel West Approx. 5.5 Miles & Property is at the Corner of Keller Rd. & W. Centerton Blvd. ~ Watch for Auction Signs on the Right.

Auction Location

Terms

TERMS AND CONDITIONS:  (TRACTS 1, 2 & 3) $50,000.00 (Each), All in the Form of a Cashier’s Check (NO EXCEPTIONS) Down Day of Auction ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome!

TERMS OF AUCTION