Auction Description

ATTENTION: BUILDERS, DEVELOPERS, RESIDENTIAL & COMMERCIAL REAL ESTATE INVESTORS!

57.5+/- Newly Surveyed Acres Lying on Both Sides of WP Malone Road & Along I-30 ~ 3/4 Miles North of the Walmart Supercenter in Arkadelphia ~ Offered in 5 Tracts & Combinations ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

AUCTION LOCATION: Hampton Inn & Suites (meeting room) ~ 108 Malvern Road, Arkadelphia, AR 71923

PROPERTY ADDRESS: WP Malone Road, Arkadelphia, AR 71923

REAL ESTATE DESCRIPTION: This Prime 57.5+/- Acres Lying on Both Sides of WP Malone Road & Only 3/4 Miles North of the Walmart Supercenter in Arkadelphia, will be Offered in 5 Tracts & Combinations & is SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ This Land is Labeled Non-Urban & is Partially in the City & Partially in the County.

The 35.8+/- Acres West of the Road with Over 2,000 Feet of Road Frontage & City Water & Electricity is Mostly Level, Mostly Cleared & Ready for Development.

(TRACT 1) Southern 22.4+/- Acres Lying Perfectly for Development, Mini Storages or Many Types of Businesses Inside City Limits.

(TRACT 2) Northern 13.4+/- Acre Wooded Tract Outside City Limits in the County.

The 21.7+/- Acres Lying East of the Road between WP Malone Road & Interstate 30 with Over 2,500 Feet of Road Frontage & City Water & Electricity will be Offered in 3 Cleared, Mostly Level to Very Gently Sloping, Ready to Build Tracts Ranging in Size from 6.4+/- to 8.4+/- Acres Prime for Development.

(TRACT 3) 6.4+/- Acres Lying North of the Water Tower.

(TRACT 4) 7+/- Acres Lying just South of Tract 3.

(TRACT 5) 8.4+/- Acres Lying South of Tract 4.

Drive by & Inspect this Land at Any Time ~ Any Questions, Contact Agent Doug Westgate at 501-815-4004 ~ Offers Made Prior to Auction Day are Welcome!

INSPECTION: Drive by Anytime to View this Property! ~ Call Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Questions ~ Auctioneers will be On-site at 10:00 a.m. on Auction Day.

CLOSING COMPANY: Jackson Title Company ~ Closing Agent: Jessica Dress ~ 309 Main Street, Arkadelphia, Arkansas 71923 ~ (870) 464-9160.

REAL ESTATE TAXES FOR YEAR 2024: $100.00 (entire property)

TERMS: (TRACT 1) $20,000.00 ~ (TRACTS 2 - 5) $10,000.00 (Per Tract), All in the Form of a Cashier’s Check made Payable to 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% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.