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LITTLE ROCK COMMERCIAL BUILDING & DEVELOPMENT LOTS ABSOLUTE AUCTION

Auction Description

ATTENTION: COMMERCIAL REAL ESTATE INVESTORS & DEVELOPERS!

Ideal Location off I-30 & Chicot Road ~ Open Span 7,000+/- SF Office/Warehouse Building on 1.25+/- Acres ~ Large Paved Parking Lot ~ Also Offering 5 Adjacent Development Lots Totaling 4+/- Acres ~ Selling On-site w/Live, Online Bidding Available ~ ALL SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

 

REAL ESTATE DESCRIPTION: 7,000+/- SF, Move-in-Ready Commercial Office/Warehouse Building & 5 Commercial Vacant Lots Adjacent to Building in Platted Development on I-30 ~ Building has 10 Ft. Side Walls ~ Currently Layout Offers 11 Office Spaces, Breakroom/Kitchen, 2 Bathrooms & Warehouse Space w/Parts Room ~ Adjacent Lots Ranging from 31,000+/- SF to 44,200+/- SF, w/ 60 Ft. Wide Paved Road & Utilities to Cul-De-Sac ~ C-4 Zoning ~ Offered on Auction Day in 6 Tracts & Any Combination ~ Located just off Exits 131/ 132 (Chicot Rd.) on I-30 Frontage Road in a High Traffic Area ~ I-30 w/an Average Daily Traffic Count of 104,000+/- VPD ~ Building Shown by Appointment Only ~ Offers Made Prior to Auction Day are Welcome! ~ REMEMBER, IT’S SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

 

(Office/Warehouse Building) 7,000+/- SF, Commercial Office/ Warehouse Building on 1.25+/- Acres Adjacent to 5 Commercial Vacant Lots in Platted Development.

(Lot 5) 44,200+/- SF, Commercial Vacant Lot in Platted Development.

(Lot 4) 39,000+/- SF, Commercial Vacant Lot in Platted Development.

(Lot 3) 31,000+/- SF, Commercial Vacant Lot in Platted Development.

(Lot 2) 38,100+/- SF, Commercial Vacant Lot in Platted Development.

(Lot 1) 40,300+/- SF, Commercial Vacant Lot in Platted Development.

 

INSPECTION:  Drive by Anytime to Inspect the Exterior of the Property or the Vacant Lots ~ For Interior Access of the Building, Contact Agent Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com ~ Auctioneers will be On-site at 10:00 a.m. on Auction Day.

 

CLOSING COMPANY:  American Abstract & Title Company ~ Closing Agent: Andrew Adkins ~ 12824 Cantrell Road, Suite 100, Little Rock, Arkansas 72223 ~ (501) 227-8603 ~ Fax/ 227-9160.

 

REAL ESTATE TAXES FOR YEAR 2023: 

Office/ Warehouse Building – $5,600.00

(LOT 5) – $1,243.00

(LOT 4) – $1,097.00

(LOT 3) – $714.00

(LOT 2) – $1,147.00

(LOT 1) – $892.00

 

TERMS:  (Office/Warehouse Building) $40,000.00 ~ (LOTS 1 - 5) $10,000.00 (Per Lot), 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 Prior to Auction Day are Welcome.

Property Location

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