Auction Description

ATTENTION: MAUMELLE DEVELOPERS & COMMERCIAL LAND INVESTORS!
13+/- Total Acres w/ 5.5+/- Net Developable Acres ~ Offered in (2) Tracts ~ Zoned C-3 ~ Great Visibility at Maumelle (Exit 12) & Interstate 430 ~ Located just off Maumelle Blvd. w/High Traffic Count of 53,000+/- VPD ~
Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

REAL ESTATE DESCRIPTION: This 13+/- Acre Tract w/a Net of 5.5+/- Developable Acres is Highly Visible from I-430 at Maumelle Exit 12 ~ This Choice Property Offers 5.5+/- Acres of Commercial Land AND 7.6+/- Acres of Protected Land within a Conservation Easement ~ The 5.5+/- Acre Commercial Site is Level, Completely Cleared & Ready for Development w/ 1,100+/- Ft. of Frontage Along Sheltie Dr. ~ Sheltie Dr. has Curbs, Gutters, Sidewalks, Fire Hydrants & Great I-430 Visibility w/ 75,000+/- VPD Traveling this Major Interstate Route ~ The Land Fronts Along Exit 12 from I-430 where 6,700+/- VPD Use this Exit to Access Maumelle Blvd. ~ The Property is Zoned C-3 (Community Shopping District) & will Provide Excellent Exposure for a Multitude of Businesses, Including Retail Shopping, Professional Services, Automotive Services & Much More! ~ Neighboring Businesses Include Farm Bureau Insurance, NAPA Auto Parts, Farmers Insurance, Mobile Fuel Station, O'Reilly Auto Parts, Kum & Go Fuel Station & The Crossing Business Center ~ This is an Excellent Opportunity to Place your Business in Front of Thousands of Consumers in an Upscale Business District ~ The Property will be Offered in (2) Tracts & the Entirety & will Sell Regardless of Price! ~ (TRACT 1) Total of 11.9+/- Acres w/a Net of 4.3+/- Developable Acres & 7.6+/- Acres in the Conservation Easement ~ 855+/- Ft. of Road Frontage ~ (TRACT 2) 1.2+/- Developable Acres ~ 245+/- Ft. of Road Frontage ~ Remember, this Great Property will be Sold Regardless of Price to the Highest Bidder on Auction Day!

INSPECTION: Drive by Anytime or Contact Agent, Gladys Webb at 501-766-0605/ gladys@wilsonauctioneers.com for More Information ~ Registration will begin at 10:00 a.m. Day of Auction.

CLOSING COMPANY: Faulkner County Title Company ~ Closing Agent: Darleen Pratt (darleen@faulknercountytitle.com) ~ 711 Locust Street, Conway, Arkansas 72034 ~ (501) 327-6923.

REAL ESTATE TAXES FOR YEAR 2018: $12,225.72 (entire property)

TERMS: (TRACT 1) $75,000.00 ~ (TRACT 2) $25,000.00, both 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 ~ Title Insurance with Warranty Deed Provided at Closing ~ Closing within 30 Days ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome!