Auction Description

AUCTION LOCATION: Holiday Inn Express & Suites ~ 3660 Ferren Trail, Searcy, AR 72143
PROPERTY ADDRESS: 3898 HWY 367, Searcy, AR 72143

ATTENTION: LAND BUYERS, DEVELOPERS, FARMERS & INVESTORS!
Located on HWY 367 Approx. 2.2 Miles from Exit 42 on I-57 (Highways 67/167) just South of Searcy ~ 2,400± Ft. of Frontage along HWY 367 ~ 3,541± SF, Pre-engineered Steel Building w/2 Overhead Doors ~ Offered in 3 Tracts & Combinations

REAL ESTATE DESCRIPTION: Located on HWY 367 Approx. 2.2 Miles South of Exit 42 on I-57 (Highways 67/167) just South of Searcy; this Property has 2,400± Feet of Frontage along HWY 367, and 3,100± Feet of Frontage along I-57 ~ Public Water Available on HWY 367 ~ Property has a 3,541± Square Foot, Pre-engineered Steel Building with High-Pressure Pumps for Moving Water from Pond to Pond and to Distribute Water Over the Cropland (Previous Crops were Beans & Hay) ~ This Building is on a Concrete Slab and has 18-Foot Sidewalls with a 20-Foot Ridge, Two 14-0/12-0 Overhead Doors, plus a 3-0/6-8 Passage Door ~ A 720± Square Foot Office Trailer is included ~ Great for Deer and Duck Hunting! ~ Bayou Des Arc runs the Southern Border of the Property ~ Located Outside the Searcy City Limits ~ No Mineral Rights Convey ~ Offered in 3 Tracts and Combinations ~ Offers Made Prior to Auction Day are Welcome!

(TRACT 1) 22± Acres of Pasture with 1,350± Ft. of Frontage on Highway 367.
(TRACT 2) 311± Acres with Ponds, Woods, and Pasture/Row Cropland with 500± Ft. of Road Frontage on Highway 367.
(TRACT 3) 165± Acres of Mature Mixed Timber, and Pasture/Row Cropland with Frontage on Highway 367 and Interstate 57.

INSPECTION: Drive by Anytime to View this Property! ~ Call Agent Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com with Questions ~ Auctioneers will be On-site at 10:00 a.m. on Auction Day.

CLOSING COMPANY: White County Title Company, Inc. ~ Closing Agent: Mike West ~ 120 N. Spring Street, Searcy, Arkansas 72143 ~ (501) 305-4745 ~ Fax/ 305-4749.

REAL ESTATE TAXES FOR YEAR 2025: $1,814.00

TERMS: (TRACT 1) $25,000.00 ~ (TRACT 2) $75,000.00 ~ (TRACT 3) $50,000.00, 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.