40 acres on Fairview Blvd - PRIME LOCATION
One Family - 70 Years! - Estate Auction
2411 Fairview Blvd - Fairview, TN (Williamson Co.)
This property joins the Walmart parcel (1,800') and
boasts almost 1,400' of frontage on Fairview Blvd!
"Excellent property for development" - this is an understatement.
The property has INCOME PRODUCING assets:
1) 48-unit mobile home park generating positive cash flow
2) Strip center with over 5,500 square feet - fully leased - 1.88 acres / 307' highway frontage.
Major proposed development within site of the subject property.
Many major business in close proximity to subject property...
- Walmart, Taco Bell, Pizza Hut, Dollar Tree, Dollar General, Tractor Supply, Fast Pace,
Restaurants, Pharmacy, Medical / HealthCare Offices, Auto Repair, & Apartments
Many development opportunities including mixed use for this 40 acre location.
ONE FAMILY - 70 Years! - Selling for the N.E. Lampley Estate
This Online Auction event will be unlike any auctions you have observed
in the past. This auction features a unique, large acreage Premium
property at one of the best locations in West Williamson County - Fairview!
This is the GROWTH area of Fairview / Western Williamson County...
New Homes - Apartments - New Commercial - Schools - 840 Interstate
This 40-acre property has served the N.E. Lampley family since 1956
and is being offered for the first time. Bidders will have the opportunity
to bid on the Strip Center, Mobile Home Park, Brick Residence, Small Lots
Large Lots & Parcels, Combinations & the Whole Property!
The BUYERS will sign a Purchase Agreement providing them with a
"Due Diligence Period of 60 Days"
Note: Buyer shall have 60 days after the Purchase Agreement date
to evaluate the property, the feasibility of the transaction, and any
other matter of concern to the Buyer. During the Due Diligence Period,
Buyer shall have the right to terminate the Agreement upon written
notice to Sellers if Buyer determines, based on a reasonable and
good faith evaluation, that it is not desirable to proceed with the
transaction. Buyer will be entitled to a refund of a portion of the
Earnest Money (9% of the 10% earnest money shall be refunded to Buyer).
One percent (1%) of the earnest money shall be retained by the
Auction firm / Sellers.
The bidding is OPEN at this time for the property as a whole,
until the Auction Plat / Proposed Subdivided Smaller Tracts
documents have been completed. Stay Tuned...
Bidding is scheduled to end on Thursday, December 28th, 2023
Bid-Ending Date is Subject to Change
There is a 10% Buyers Premium added to the Bid to
determine the final purchase amount.
David Hudgins, Auctioneer - Tennessee Lic#4787