ATTENTION: COMMERCIAL DEVELOPERS & BENTON COUNTY INVESTORS!
16.36+/- Total Acres w/ 1,800+/- Ft. of Frontage Along HWY 412 & HWY 59 in Siloam Springs, Arkansas ~ Zoned C-2 ~ Offered in (7) Total Tracts ~ (Tracts 1 - 6) Offered in Any Combination ~ Selling On-site w/Live, Online Bidding Available
REAL ESTATE DESCRIPTION: This 16.36+/- Acre High Traffic Count Parcel Zoned C-2, Conveniently Located at the Corner of HWY 59 & HWY 412 in Siloam Springs, is being Offered in (7) Surveyed, Subdivided Highway Front Tracts & in Combinations of Tracts on Auction Day ~ Tracts Range in Size from 0.88+/- Acres to 3.11+/- Acres, Each Fronting the Highway ~ All Located just South of the Siloam Springs Airport & East of Walmart Super Center ~ ARDOT Traffic Count for HWY 412 is 25,000 VPD & for HWY 59 is 14,000 VPD ~ This Property Would Make an Excellent Location for Many Different Types of Businesses, w/Siloam Springs Growing Rapidly ~ Less than 20 Miles from Interstate 49 in Springdale & 20 Miles to XNA Northwest Arkansas Regional Airport ~ This Valuable Property is in an Opportunity Zone, According to the AEDC Website!
AEDC Website
(TRACT 1) 3.11+/- Acres w/ 232+/- Ft. of Frontage on HWY 59 ~ (TRACT 2) 3.11+/- Acres w/ 233+/- Ft. on HWY 59 ~ (TRACT 3) 3.11+/- Acres w/ 233+/- Ft. Along HWY 59 ~ (TRACT 4) 3.11+/- Acres w/ 234+/- Ft. Along HWY 59 ~ (TRACT 5) 1.39+/- Acre Corner Tract w/ 500+/- Ft. of Frontage on HWY 59 & HWY 412 ~ 1,800+/- SF Commercial Building Formerly Operated as an Auto Sales Lot & a 5,000+/- SF Commercial Building Formerly Operated as an Automotive Shop ~ (TRACT 6) 1.65+/- Acres on HWY 412 w/ 233+/- Ft. of Frontage ~ (TRACT 7) Offered Separately ~ 0.88+/- Acres on HWY 412 w/ 125+/- Ft. of Frontage & a 7,000+/- SF Commercial Building Formally Operated as an Auto Garage ~ Offers Made Prior to Auction Day are Welcome! ~ Drive by Anytime to View this Property.
INSPECTION: Contact Agent, Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com with Questions Regarding this Property or to View the inside of the Buildings ~ Auctioneers will be On-site at 11:30 a.m. Day of Auction.
CLOSING COMPANY: City Title & Closing ~ Closing Agent: Blake Hanby (commercial@citytitlellc.com) ~ 5431 Pinnacle Point Drive, Suite 105, Rogers, Arkansas 72758 ~ (479) 935-4177 ~ Fax/ (866) 889-7709.
REAL ESTATE TAXES FOR YEAR 2019: $6,670.00
TERMS: $25,000.00 (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 Made Prior to Auction Day are Encouraged & Welcome.
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