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AUCTION GOLF COURSE to Bristol Raceway Thur. Apr. 5th
Watch this Listing
Listing ID:  115083 
Status: Deleted
115 Cedar Creek Rd ~ Bristol, TN Commercial / Industrial | Land - Recreational
Current Bid: $1,200,000 
Number of Bids: 3 Bid History
High Bidder: land man
Time Remaining
DaysHoursMinutesSeconds
- - - -
 
Bidding Opens: Feb 17, 2012 11:56 AM
Bidding Ends: Apr 05, 2012 8:00 AM  (Central)
Starting Bid: $1
Contact: Pozy Auctions
See Terms Below for Bidding Instructions
 
Contact Info Address Info Property Info Pictures Description Bidding History Questions Terms
Files


Contact Information
Contact Type: Auctioneer
Contact Name: Pozy Auctions
Agency Name: David Pozy
Contact Phone: (865) 862-8520
Showings: Call for Appointment & Open House


Address Information
Street Address: 115 Cedar Creek Rd
City: Bristol
County:
State/Province: TN
Postal/ZIP Code: 37620
Country: United States
Map:
Click for Expanded Google Map / Directions 

Property Information
Property Type: Commercial / Industrial
Category: Land - Recreational
Square Footage: 18,000 (Approximate)
Lot Size: 490 ac
Year Built: 1998
Taxes: $12,000
MLS/FMLS ID:

Picture Gallery

Description

This is a unique invitation for a potential buyer to have a golf course ( 154 Ac.) and 336 additional acres. The property will be auctioned in 10 tracts dividing the golf course or auctioning as a whole.. Adjacent to the Bristol Motor Speedway.

  • 490 total acres
  • Great location adjacent to Bristol Motor Speedway
  • Buildings, golfing greens / or Divided into 10 Tracts.
  • Timber revenue

LIVE AUCTION

Thursday, April 5th at 12PM

Preview Wednesday April 4th 1-5PM

Or Call for Private Showing

Perfect for:

  • Zipline
  • Minigolf
  • Go Carts
  • RV Park
  • Recreation Facility

Earn income from Bristol races!

Directions to property:

  • Take I-40E towards Asheville
  • Take Exit 421 on the left to merge onto I-81N toward Bristol
  • Take exit 69 for TN-394 toward Blountville/Bristol
  • Turn right onto TN-394E
  • Turn left onto Exide Dr
  • Turn left onto TN-34 N/US-11E N/US-19 N
  • Turn right onto Avoca Rd
  • Take the 2nd right onto Cedar Creek rd
  • Property is on the left

Auction Terms and Conditions: A 10% buyer’s premium will be added to the final bid price to arrive at the total contract purchase price paid by the buyer(s). A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The balance of contract purchase price is due within 20 days. The down payment may be paid in personal check, business check and/or cash. 2% Agent/Broker Participation will be offered, rules and restrictions apply.


Files
File NameDescriptionFile Size
ATT001_Zoning.pdf Zoning 801 KB
ATT002_Tracts.pdf Tracts 1541 KB

Bidding History
BidderBid AmountBid TimestampAuto-Bid
land man$1,200,000 Thu - Mar 22, 2012 07:33:29 AM
land man$875,000 Wed - Feb 29, 2012 04:54:14 PM
Patrick$1 Sun - Feb 19, 2012 03:23:43 PM

Questions
 
----- No Questions -----

Terms
  1. To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
  2. While auction is "active", all bids placed MUST be placed online.
  3. Winning bid is subject to seller approval.
  4. A 10% buyer’s premium will be added to the final bid price to arrive at the total contract purchase price paid by the buyer(s).
  5. Buyers Agent commission of 2% is being offered.
  6. All bids are placed in US Dollars.
  7. If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
  8. The bidding will be open and complete bid history will be available to all bidders.
  9. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
  10. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
  11. The high bidder will be notified via email after the auction ends.
  12. Seller reserves the right to postpone or cancel this auction at any time for any reason.
  13. Sale is “as-is”, "where-is". Seller will not fix anything.
  14. Within 1 day of auction close, winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a Purchase & Sale Agreement at the winning bid amount and based on the terms described here.
  15. Closing will take place at seller's title company, Concord Title in Knoxville, TN within 20 days of signing the contract.
  16. When contract is signed, winning bidder will pay 10% nonrefundable down payment to be held at Keller Williams Realty / Pozy Auctions.
  17. The down payment may be paid in personal check, business check and/or cash.
  18. Winning bidder may, at their option and expense order a title examination and insurance.
  19. Seller will include the following personal property in the sale: None
  20. Please note: The online bidders will need to be present the day of the sale. We do not have service on the premises. If you are the highest bidder online this does not neccessarily mean you are the highest bidder because of the onsite auction being conducted the day of the sale. Please call with any additional questions.
  21. Seller will exclude the following real property from the sale: None
Buyer Premium: 10.0%
This fee is added to the winning bid amount and is paid by the Buyer. High Bid + Buyer Premium = Selling Price.

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