Auction Description

AUCTION LOCATION: 300 E. Harrell Drive, Russellville, AR 72802 (Holiday Inn Express Conference Room) 

PROPERTY ADDRESS: 4751 HWY 124, Russellville, AR 72802

ATTENTION: LAND BUYERS, DEVELOPERS, CATTLEMEN & INVESTORS!

68± Acre Cattle Farm ~ First Time on the Market in 3 Generations & Selling with NO RESERVE! ~ Offered in (3) Newly Surveyed Tracts & Combinations ~ Located 2.3± Miles from I-40 (Exit 83) in Russellville ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

REAL ESTATE DESCRIPTION: First Time on the Market in 3 Generations! ~ Don't Miss this Opportunity to Buy Part or All of this Prime 68± Acre Cattle Farm, Conveniently Located on HWY 124 in Russellville, just 2.3 Miles from the I-40 Weir Road Exit ~ Offering Over 1,700± Feet of Frontage on HWY 124 & 800± Feet Along Shangri La Road, this Property has an Average Daily Traffic Count of 5,000± VPD ~ This Property Features Over 40 Acres of Cleared, Fenced, Rolling Pastureland with a 25± Acre Stand of Timber on the North Side of the Farm & with a Pond & Creek it Offers Great Wildlife Opportunities ~ Multiple Pasture Cells & Access Gates ~ Russellville School District ~ This Property Will be Offered in (3) Newly Surveyed Tracts & Combinations with All Seller Owned Mineral Rights & it’s ALL SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ Utilities Include Electricity, City Water (Along East Side of the Highway & Along Shangri La Rd.) ~ Offers Made Prior to Auction Day are Welcome!

TRACT DESCRIPTIONS:

(TRACT 1) 5.96± Acres with 440± Feet Along Shangri La Road & 590± Along HWY 124 ~ Mostly Pasture with Partial Fencing ~ Excellent Building Sites Along the Highway.

(TRACT 2) 36.81± Acres with Access off HWY 124 & Shangri La Road ~ Approx. 21± Acres of Pasture, One Enclosed Pasture Cell, Timber & a Pond at the Back of the Tract make Great Recreational Opportunities.

(TRACT 3) 25± Acres with 580± Feet of HWY 124 Frontage ~ 12± Acres of Pasture with a Fenced Cell & Timber.

INSPECTION: Drive by & View this Property Anytime ~ Contact Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Auctioneers will be On-site at 10:00 a.m. for Inspection & Registration on Auction Day.

CLOSING COMPANY: Eddy & Ward P.A. ~ Closing Agent: Jill Ward ~ 805 W. 2nd Court, Russellville, Arkansas 72801 ~ (479) 968-5557.

REAL ESTATE TAXES FOR YEAR 2024: $352.00 (Entire Property)

SCHOOL DISTRICT: Russellville

TERMS: (TRACT 1) $10,000.00 ~ (TRACT 2) $30,000.00 ~ (TRACT 3) $20,000.00, 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.