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ABSOLUTE AUCTION
Excellent 32.32 Acre Residential/Multi-Family Site
Easy Access to West Knoxville
Frontage on Illinois Avenue, Boeing Rd., and Mitchell Rd.
Oak Ridge, TN 37830
2% BROKER PARTICIPATION
THURSDAY, APRIL 8th at 12:00 PM
Auction to be Conducted from Mitchell Rd. Side of Property
Auction to be Conducted from Mitchell Rd. Side of Property
INSPECTION: Property Can Be Viewed At Any Time
BID LIVE and ONLINE
PROPERTY DESCRIPTION
- Approx. 32.32 Acre Development Tract
- Located in Oak Ridge
- Excellent Single/Multi Family Development Tract
- Minutes from West Knoxville
- All Utilities Available
- Easy Access off Illinois Ave. or Lafayette Dr.
Samuel J. Furrow | TN PBL #26
PAYMENT TERMS
- 10% Buyers Premium. The successful bidders will deposit 10% of the purchase price (including Buyers Premium) and is due Sale day in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing within 20 days.
BROKER PARTICIPATION
PROPERTY DOCUMENTS
UTILITIES AVAILABLE
- Electricity: City of Oak Ridge
- Water: City of Oak Ridge
- Sewer: City of Oak Ridge
- Gas: Oak Ridge Utility District
ZONING
- R-2: Two, Three and Four Family Residential District (City of Oak Ridge)
TAX INFORMATION
- Anderson County: $5,921.43 (approx.)
- City of Oak Ridge: $5,625.86 (approx.)
*Buyer is responsible for pro-rated share of current year property taxes.*
*Any and All Back/Delinquent taxes will be paid by seller.*
SCHOOL INFORMATION
- Elementary: Woodland Elementary
- Middle: Jefferson Middle School
- High: Oak Ridge High
DIRECTIONS
- Located at the intersection of Illinois Ave. & Boeing Rd. with additional access off Lafayette Dr. & Midway Ln.
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