Commercial Dev Land Auction

Property Description

Strategic Location | High-Growth Corridor | Investment Opportunity

• Excellent Visibility and Frontage on Hwy 385/Bill Morris Parkway

• Access and Frontage on Collierville Rd

• Established Commercial, Retail, Dining and Lodging Exit

• High Income Area of Shelby County

• Prime Development Potential in Collierville, Tn

• Minimal to No Grade Work Required for Development

• Suitable for Myriad Commercial Uses

• Nearby access to Hwy 385 / I-269 and Major Corridors

• Highly Visible with Huge Traffic Count

• Don't Miss this Opportunity to Bid Your Price on a Property Ready for Your Vision and Development

Inspection: Drive by anytime.

Online bidding ends September 10th at 2:00 pm Ct.

Cooperating Broker's Fee: 2% of the high bid will be paid to a properly registered broker at settlement.

Summary of Terms of Sale: All property sold in “as is, where-is” condition. A 10% buyer's premium will be added to the high bid to determine the contract price. High bidder is required to execute a Contract for Sale and Purchase of Real Estate and remit to Tranzon by close of business the day of the auction. A 10% deposit is due within 24 hours of being notified that you are the successful high bidder. The balance of contract price is due at closing. The seller will provide a Warranty Deed at closing. Please see the Purchase and Sale Agreement and Terms & Conditions in this package for all sale terms.