Furrow Auction Company
ABSOLUTE REAL
ESTATE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation
Meadows Furniture, Gifts and Appliances


2170 S. Grundy Quarles Highway
Gainesboro, TN

Thursday, January 28th, 2010 - 1:00 PM CST

 


 

·         Approx. 2,337 SF

·         Built in 1968

·         Has rented for $400.00 a month

·         Average daily traffic count:  Approx. 5,851

·         Located off of Hwy. 56 North just across from Anderson Upper Cumberland Funeral Home 

Zoning: There is no zoning for Jackson County
Utilities:
Old Gainesboro Road Utility District provides Water. Septic tank and drain field serve the property. Upper Cumberland provides Electricity. Natural gas is available from City of Gainesboro but is not connected.
Estimated Real Estate Taxes
:
Estimated Annual Jackson County Taxes: $939.00
Total Estimated Annual RE Taxes: $939.00

            Taxes to be pro-rated at closing

Directions: Off I-40 take Exit 280, TN-56 N toward Baxter/Gainesboro. Turn onto TN-56/Baxter Rd headed North and travel 12.2 miles. Arrive at 2170 S. Grundy Quarles Hwy. on your Left just across from Anderson Upper Cumberland Funeral Home.


Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today 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.
CLOSING MUST OCCUR ON OR BEFORE FEBRUARY 17TH, 2010. NO EXTENSIONS AVAILABLE.

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AUCTION DOCUMENTS

Auction Brochure
Directions
Executive Summary
Tax Information
Title Commitment
Underground Storage Tanks and Environmental Information
Utility Information
Zoning Information
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