DEVELOPMENT OPPORTUNITY IN DOWNTOWN ARLINGTON!
+/- 8 acres – one of the last tracts of this size!
Great development opportunity in downtown Arlington! This property is being sold for the Dowell Estate, and consists of 8+/- acres situated at 11996 Douglass Street, in downtown Arlington, TN. It’s one of the last tracts of its size in Arlington, and is across from the street from Arlington Elementary School. The tract is also within walking distance to other shopping and recreation, churches, and banks.
This auction will be held and conducted on Thursday, May 19th at 6:07pm. Selling from Roebuck’s Headquarters, 5400 Poplar Avenue, Suite 200, in the Paragon Bank building across from Bud Davis Cadillac and Mercedes of Memphis. The large parking lot is at the rear of the building.This property will be sold to the highest acceptable bidder, is free and clear of all liens, and all taxes are paid in full.
Click here for a plat view.
Announcements made at the auction will supersede all previous material. Information provided is derived from sources believed to be correct, but is not guaranteed. Graphics are approximate. All property sold “as is.” The Seller will provide a valid clear marketable title to the property.
A ten percent (10%) buyers premium will be added to the winning bid to determine the total price to be paid. The high bidder for the real estate will be required to place the 10% buyer’s premium the day of the auction in the form of certified funds or a personal check with a bank letter of guarantee, with balance due in 30 days.
All closings shall take place no later than 30 days after the auction. The entire purchase price must be paid by cashier’s check, certified funds, or wired funds at closing. No property will be sold contingent on financing or any other contingency.