ATTENTION: COMMERCIAL LAND BUYERS, SHALE BUYERS & REAL ESTATE INVESTORS!
33+/- Acres of Timber on the East Side of the I-40/ I-430 Interchange in North Little Rock ~ Multiple Access Points w/Potential for Timber & Shale Harvesting ~ Plus, 4+/- Acres on the West Side of the I-40/ I-430 Interchange ~ Selling On-site w/Live, Online Bidding Available
REAL ESTATE DESCRIPTION: (TRACT 1) 33+/- Acres of Prime Location Land off the Crystal Hill Exit in Little Rock on the East Side of the I-40/ I-430 Interchange ~ This Tract is Currently Accessed off HWY 365 & the Crystal Hill Exit & is Completely Covered in a Mix of Mature Timber ~ Some of this Property was Originally Plotted out as Part of the Highland Subdivision & Holds Over 100 Lots ~ Seller has Estimates of 2,000,000 CY of Shale that can be Potentially Removed & Sold off this Tract ~ This Location Could be Valuable in the Future as an Additional Exit Corridor off I-40 & has Immediate Value in Timber & Shale ~ (TRACT 2) 4+/- Acres of Land on the West Side of the I-40/ I-430 Interchange ~ Properties are Close to Conway, Mayflower, Maumelle, Little Rock, North Little Rock & Benton/Bryant ~ Average Daily Traffic Count on I-40 is 80,000+/- VPD ~ Very Close to New Maly Entertainment Center at Crystal Hill ~ Offers Made Prior to Auction Day are Welcome!
INSPECTION: Drive by & Inspect Anytime or Contact Agent, Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com ~ Auctioneers will be On-site at 1:00 p.m. for Inspection & Registration on Auction Day.
CLOSING COMPANY: Pulaski County Title ~ Closing Agent: Renee Haugen ~ 8114 Cantrell Road, Suite 300, Little Rock, Arkansas 72227 ~ (501) 537-3700 ~ Fax/ 537-3701.
REAL ESTATE TAXES FOR YEAR 2022: To be determined
TERMS: (TRACT 1) $50,000.00 ~ (TRACT 2) $10,000.00, Each 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 Day are Welcome.
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