±8.45 ACRES CORDOVA, TN
Macon Road @ North Houston Levee
Macon at North Houston Levee, Shelby County, TN
We are accepting offers on this prime property! An independent appraisal was done and came in at $1.6 Million – however, the bank has agreed to take a $1 Million loss or the best offer. This tract has aa lot of possibilities! Buy now! Watch the video and call John at 901-486-0983 for more information!
· ±8.45 Acres or ±368,000 sq ft
· Adjacent to Kroger shopping center
· Rare opportunity to buy a large tract in this locale
· Use permitted as according the planned commercial c-p district
· Bank owned property
· Selling to the highest acceptable bidder
· Suggested starting bid at the auction $1 per sq ft
· Selling by the square foot
· Financing available to qualified bidder
· Independently appraised at $1.6 Million
This property is selling by online auction only. 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 will be required to place the 10% deposit the day of the signing the contract if you are the winning bidder, 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 all parties has signed the contract. 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.