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CLEBURNE COUNTY ABSOLUTE 54+/- ACRE LAND, BUILDINGS, HOME & SHALE PIT AUCTION

Auction Description

ATTN: CENTRAL ARKANSAS BUSINESS OWNERS, DEVELOPERS, HOME BUYERS & INVESTORS!
54.5+/- Acres w/Over 1,100 Ft. of Frontage Along HWY 25/ Heber Springs Rd. in Quitman, Arkansas ~ 40x100 Ft. & 40x80 Ft. Metal Buildings Built in 2011 ~ 1,986+/- SF Single-Story Home ~ Shale Pit & Pond ~ This Versatile, Newly Surveyed Property will be Offered in (5) Individual Tracts & Combinations ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

REAL ESTATE DESCRIPTION: Conveniently Located within 30 Miles of Conway, Searcy, Heber Springs & Clinton is this 54.5+/- Acres w/Over 1,100 Feet of Frontage Along Highway 25/ Heber Springs Rd. in Quitman, Arkansas ~ A 1,986+/- SF Older Home in Need of Cosmetic Updating & Remodeling ~ Shale Pit Located at the Back of the Property ~ This Property would make an Excellent Industrial Park or Business Location for Many Types of Businesses ~ The 54.5+/- Acres will be Offered in Multiple Tracts & Combinations, SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ The Property will be Offered in (5) Individual Tracts & Combinations ~ (TRACT 1) 8.77+/- Acres w/ 472+/- Ft. of HWY Frontage Containing a 40x100 Ft. Metal Building w/ 16 Ft. Sidewalls & a 40x80 Ft. Metal Building w/ 18 Ft. Sidewalls ~ Both Buildings were Built in 2011 on a Reinforced Concrete Slab & are in Excellent Condition, Fully Insulated, Wired & Plumbed on City Water & Septic System w/Heated & Cooled Office Space, Heated Warehouse Space & Overhead Doors for Easy Access ~ (TRACT 2) 1.38+/- Acres w/ 220+/- Ft. of HWY Frontage Adjoining Tract 1 Containing a 1,986+/- SF Older Home in Need of Cosmetic Updating & Remodeling w/Metal Roof, Covered Front & Back Patio & Original Hardwood Floors ~ Home Consists of a Living Room w/Fireplace ~ Open Kitchen/Dining Area ~ Master Bedroom w/Private Bath & Large Closet ~ (2) Additional Bedrooms & Bathroom w/Shower ~ Bonus Room ~ (TRACT 3) 12.13+/- Acres ~ Mostly Cleared, Level & Ready to Build on w/Deeded Access Along the Existing Private Road on the South Edge of Tract 1 ~ (TRACT 4) 17.93+/- Acres Mostly Cleared, Level & Ready to Build on w/a Small Grove of Trees & a Pond Along the 418+/- Ft. of HWY Frontage w/(2) HWY Entrances & an Interior Road Around the Entire Perimeter of the Tract ~ (TRACT 5) 14.26+/- Acres w/Excellent Income Potential & a Shale Pit on the North End of the Tract & a Pond on the South End w/ 40+/- Ft. Wide Deeded Access Along the Existing Private Road on the Southern Edge of Tract 4 ~ City Water, Electricity, Natural Gas & Septic System to Property ~ Offers Made Prior to Auction Day are Welcome!

REMEMBER, THIS ENTIRE PROPERTY IS SELLING REGARDLESS OF PRICE ON AUCTION DAY!

INSPECTION: Contact Agent,
Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com to View this Incredible Property Today! ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. on Auction Day.

CLOSING COMPANY:
General Land & Title Services, Inc. ~ Closing Agent: Tena Ramer ~ 107 S. 3rd Street, Heber Springs, Arkansas 72543 ~ (501) 362-7566 ~ Fax/ 362-8299.

REAL ESTATE TAXES FOR YEAR 2018: $3,095.00

SCHOOL DISTRICT: Quitman

TERMS: (TRACT 1) $25,000.00 ~ (TRACT 2) $10,000.00 ~ (TRACTS 3 - 5) $5,000.00, (Per Tract), All in the Form of a Cashier’s Check made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.

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