Estate Auction – Prime 3-Acre Investment Property in the City Limits of Fairview
Wilburn McGahey Estate at 7104 Hall Road & Cox Pike
Attention builders, developers, and investors — this is the opportunity you've been waiting for. Located inside the city limits of Fairview and offering nearly 900 feet of road frontage, this premium 3-acre parcel is ideal for future residential development. With level terrain, mature hardwoods, and access to public utilities, this tract checks all the boxes for a high-demand project.
The property has been in the McGahey family for nearly 60 years and includes a 768 sq ft cottage built in 1952. While the home offers potential as a rental or interim use, the real value is in the land and location. Fairview is one of Middle Tennessee’s fastest-growing communities, and Williamson County remains one of the most desirable residential markets in the state.
Whether you're looking to develop custom homes or secure a strategic land holding for the future, don’t miss this rare estate auction opportunity in a booming area.
Investor-ready. Development-friendly. Selling this prime 3-acre property via Online Auction
David Hudgins, auctioneer - TN Lic#4787 - (931) 994-7144
10% Buyer's Premium added to bid to determine final purchase amount
Stay Tuned for Open House / Preview Dates for the house
VIEW LAND ANYTIME!
Estate of Wilburn McGahey, 7104 Hall Road, Fairview, TN 37062
PROCEDURE: The property offered via Online Auction is a Single Family Residence in Fairview with THREE ACRES! Bidders will register for the online auction and submit bids as they wish. The current bid amount can be viewed at anytime without registering. Once the bidding has completed, the High Bidder will sign a Real Estate Purchase Agreement immediately. We will submit the signed agreement to the Executor of the Estate for approval.
DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days.
YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.
ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. The Wilburn McGahey Estate has the right to accept or reject the high bid.
BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer.
CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed.
POSSESSION: Possession will be given at closing - Date of Deed.
TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE.
REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. There are no liens on this property and all taxes are paid current.
EASEMENTS: Sale of said property is subject to any and all easements of record.
SURVEY: No new survey; property will sell per existing deed.
AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller.
ZONING: Currently, the property is RESIDENTIAL. The property at 7104 Hall Road has road frontage on both Hall Road and Cox Pike in the city limits of the City of Fairview. This location is approximately 30 minutes west of Nashville, TN.
UTILITIES: Electricity & High Speed Internet (MTEMC), City Water (Dickson Water Authority), Public Sewer (Dickson Water Authority), Natural Gas available
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report.
"Starts to Close at 6:00pm CST" - All online auctions have a posted date and time. The time provided should not be considered a HARD CLOSE. We do not employ a Hard Close; we use a Soft Close method of bidding countdown, for purposes of extended bidding.
Extended Bidding means the capability of the online auction platform to be programmed to extend the closing time of each lot automatically by a pre-determined time (by 2 minutes for instance) as long as there is still bidding activity until all bids have been placed. “Auto extend” has the same meaning as “extended bidding”. This process is seen quite often during online personal property auctions; we also employ this same process during online real estate auctions.
Why does Hudgins Auctions use “Extended Bidding”… Fairness to all bidders! Essentially, it is a built-in function that adds a time extension after a bid has been placed within the final two minutes of the countdown timer. This extended bidding feature is to ensure that the process is fair for all bidders. A similar process is used in live auctions, where bidding continues as long as participants choose to place additional bids. In our live auctions, we often give fair warning, count down, etc. to allow all bidders opportunity to bid. Should a bid be submitted during this “extended countdown”, the bidding always continues until a last and final bid is achieved. The online bidding format has been designed to emulate the live auction – Fairness to all bidders!
Server & Software Technical Issues: In the event technical issues are experienced that are related to the server, software or any other online auction related technologies, Hudgins Auctions, David Hudgins (Auctioneer) and the Seller reserve the right to extend bidding, continue the bidding, or close the bidding. By registering and bidding in this auction each bidder automatically and expressly acknowledges that Hudgins Auctions, David Hudgins (Auctioneer) and the company providing the software shall NOT be responsible or liable for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary by Hudgins Auctions, David Hudgins (Auctioneer).
