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INTERSTATE 40 ABSOLUTE COMMERCIAL LAND AUCTION

Auction Description

ATTENTION: CENTRAL ARKANSAS BUSINESS OWNERS & REAL ESTATE INVESTORS!
14.75+/- Acres of Commercial/Industrial Development Land Fronting I-40 in Morrilton on Exit 107 ~ Offered in (3) Parcels & Any Combination ~ Selling On-site w/Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!


REAL ESTATE DESCRIPTION: This 14.75+/- Acre High Traffic Count Tract, Conveniently Located on Arrow Drive just off HWY 95 (Exit 107) in Morrilton, Offers Over 1,000+/- Ft. of I-40 Frontage & Over 900+/- Ft. of Arrow Drive Frontage ~ HWY 95 Averages Over 7,000 Daily Vehicle Counts, w/Arrow Drive having a Daily Average of 1,900 VPD in this Location & 22,000 Trucks Passing on I-40, making this Spot Prime for Commercial/Industrial Development ~ Commercial/Industrial Development Zoned I-2 ~ This Newly Surveyed 14.75+/- Acres Will be Offered in (3) Tracts at Auction ~ Conveniently Located Right off the Exit & just Across from Love's Truck Stop ~ Utilities on Each Tract ~ (TRACT 1) Offers 5.22+/- Acres w/ 434+/- Ft. of Arrow Drive Frontage ~ (TRACT 2) 5.20+/- Acres w/ 445+/- Ft. of Arrow Drive Frontage & Corners onto Telex Drive w/Another 100+/- Ft. of Frontage ~ (TRACT 3) 4.33+/- Acres on Telex Drive w/ 90+/- Ft. of Road Frontage ~ Remember, this Fantastic Piece of Commercial Real Estate Will Sell Regardless of Price! ~ Offers Made Prior to Auction Day are Welcome!

INSPECTION:
Drive by & Inspect this Property Anytime ~ Contact Agent,
Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com for More Information ~ Auctioneers will be On-site & Registration begins at 10:00 a.m. on Auction Day.

CLOSING COMPANY: Benchmark Title Company, Inc. ~ Closing Agent: Vickie Carroll ~ 212 E. Railroad Avenue, Morrilton, Arkansas 72110 ~ (501) 477-2296 ~ Fax/ 477-2339.

REAL ESTATE TAXES FOR YEAR 2020: $790.00

TERMS: $25,000.00 (PER TRACT) 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.

 

Auction Location

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