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ABSOLUTE RESIDENTIAL DEVELOPMENT REAL ESTATE AUCTION ~ FAYETTEVILLE, AR

Auction Description

ATTENTION: REAL ESTATE DEVELOPERS, HOME BUILDERS & INVESTORS! 
42+/- Acres in West Fayetteville ~ Surrounded by Growth, City Utilities, Level & Cleared, Ready to Develop ~
Less than 4 Miles West of I-49 ~ At the Corner of Double Springs Road & Dot Tipton Road ~
OFFERED IN TRACTS & COMBINATIONS ~ SELLING REGARDLESS OF PRICE ON AUCTION DAY!

 

 

DIRECTIONS:  From Interstate 49, take Exit 64 (W. Wedington Dr.) & Travel West on Wedington Dr. for 2.9 Mi. ~ Turn Left (South) onto S. Double Springs Rd. & Travel 0.8 Mi. & Turn Left onto W. Dot Tipton Rd. ~ Watch for Auction Signs.

REAL ESTATE DESCRIPTION:  This 42+/- Acre Tract is a Prime Residential Development Tract in the Fayetteville City Limits & has Endless Potential, w/Tracts 1 - 5 being Cleared & Ready to be Developed, Zoned Residential Agriculture w/all City Utilities ~ (TRACT 1) 2.04+/- Acres Cleared & Zoned RA, 230+/- Ft. of (Frontage on Double Springs Rd.) on the South & 497+/- Ft. of (Frontage on W. Dot Tipton Rd.) ~ (TRACT 2) 5.22+/- Acres Cleared & Zoned RA, 233+/- Ft. of (Frontage on W. Dot Tipton Rd.) Bordered on the West by Kaitlynn Meadows Subdivision ~ (TRACT 3) 9.10+/- Acres Cleared & Zoned RA, 208+/- Ft. of (Frontage on W. Dot Tipton Rd.) ~ (TRACT 4) 11.76+/- Acres Cleared & Zoned RA, 388+/- Ft. of (Frontage on W. Dot Tipton Rd.) w/a Sewer Lift Station on this Parcel of Land ~ (TRACT 5) 11.75+/- Acres Cleared & Zoned RA, 209+/- Ft. of (Frontage on W. Dot Tipton Rd.) ~ (TRACT 6) 2+/-  Acres Zoned Residential, Consisting of (1) Home w/ 1,394+/- SF of Living Space & an (8x10 Ft. Well House) & a (10x14 Ft. Barn), 308+/- Ft. of (Frontage on W. Dot Tipton Rd.).

AUCTION DETAILS:  This Auction will be Conducted using a Multi-Par Auction Method in (6) 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 and Fayetteville enjoy 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 Fayetteville 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) $10,000.00 (Each) ~ (TRACTS 3, 4 & 5) $20,000.00 (Each) ~ (TRACT 6 w/Home) $10,000.00, 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, Spencer Wilson at 501-802-5060/ spencer@wilsonauctioneers.com or Chuck Dicus at 501-920-7511/ chuck@wilsonauctioneers.com for Additional Information ~ Auctioneers will be On-site at 1:00 p.m. Day of Auction.

Aerial

Survey, Tracts 1 - 5

Survey, Tract 6

Legal Descriptions

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