ATTENTION: BUSINESS OWNERS, COMMERCIAL DEVELOPERS & INVESTORS!
(3) Commercial Lots, Zoned C-3, Totaling 0.84+/- Acres ~ Located in OakTree Park on Malvern Avenue North of National Park Medical Center ~
Selling On-site w/Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!
REAL ESTATE DESCRIPTION: Conveniently Located in OakTree Park on Malvern Avenue, just North of National Park Medical Center Hospital & Surrounded by Doctor’s Offices, Medical Clinics, Professional Business Offices, Banks, Senior Living Homes, Restaurants, Pharmacies & Much More ~ These 3 Lots, Zoned C-3 (Office/Neighborhood Commercial), are some of the Last Undeveloped Lots in the Rapidly Growing OakTree Park Commercial Subdivision & they are SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ Lots are Mostly Cleared, Level & Ready to Build w/Underground Utilities, Including Electricity, City Water, Natural Gas & City Sewer.
(Lot 7) is 0.26+/- Acres
(Lot 8) is 0.28+/- Acres
(Lot 9) is 0.31+/- Acres
These 3 Contiguous Lots Totaling 0.84+/- Acres can be Built on Individually or Combine 2 or 3 Lots to Develop as 1 Larger Lot ~ Offers Made Prior to Auction Day are Welcome & Encouraged!
INSPECTION: Property can be Viewed Anytime ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Auctioneers will be On-site at 10:00 a.m. for Inspection on Auction Day.
CLOSING COMPANY: Lenders Title Company ~ Closing Agent: Shanda Dunlap ~ 110 Ouachita Avenue, Hot Springs, Arkansas 71901 ~ (501) 624-2541 ~ Fax/ 623-4552.
REAL ESTATE TAXES FOR YEAR 2022:
(Lot 7) $263.52
(Lot 8) $282.96
(Lot 9) $311.42
TERMS: $5,000.00 (PER LOT) 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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