| Income Producing
Commercial/Residential Property and Commercial Development Land in
Greater Nashville Area
Wednesday,
August 18th, 2010
2% Broker Participation Offered
Sale 1: 12:00pm
6922 Hwy 70S, Nashville, TN
Sale 1: Inspection: Wednesday, August 11th,
2010
10:00am - 1:00pm
Income Producing Single Family Home and 5,000 s.f. Commercial Building
on Approx. 5.87 Acres
-
Approx. 2,459 s.f. Single Family Home (According to
Davidson County Tax Records) currently renting for $1,400 monthly
-
Approx. 5,166 s.f. Commercial Building (According to
Davidson County Tax Records). 1,500 s.f. currently leased for $1,500
month.
-
5.87 Acre Site
-
Ideally located just ½ mile west of intersection of
Old Hickory Blvd. & Hwy 70S
Utilities Available:
Sale One:
Electric: Nashville Electric Service (house & building separately
metered)
Water: Harpeth Valley Utility District (single meter for house &
Commercial building)
Gas: Nashville Gas (single meter for house & commercial building)
Sewer: Septic (Separate septic for house & commercial building)
Zoning:
Sale One: R-40: One & Two Family District – 40,000 s.f. lot
(subject is legally non-conforming pre Metro Codes)
Estimated Real Estate Taxes:
Sale One: County: Approx. $6,788.21 annually
Taxes to be pro-rated at closing
Directions: Sale One: From the intersection of I-40
and Old Hickory in West Nashville, travel south on Old Hickory approx.
2.6 miles. Turn left on Hwy 70S and travel approx. 0.5 miles to property
on left.
Sale 2: 2:00pm
S. Carothers Road, Franklin, TN
(adjacent to Carrington Hill Apartments)
Approx. 7.62 Acre Commercial Development Tract
·
Approx. 7.62 Acres
·
Frontage on S. Carouthers Rd.
·
Ideally located in the heart of Franklin
·
Convenient to Hwy 96 & Cool Springs Blvd.
·
All
utilities available
Utilities Available:
Sale Two:
Electric: Middle Tennessee Electric Cooperative
Water: City of Franklin (10” main on Carouthers)
Sewer: City of Franklin (16” sewer line adjacent to property)
Gas: Atmos Energy
Zoning:
Sale Two: G-C: General Commercial
Estimated Real Estate Taxes:
Sale Two: City: Approx. $900.81; County: Approx. $4,213.47
Taxes to be pro-rated at closing
Directions: Sale Two: From the intersection of Murfreesboro
Rd (Hwy 96) and S. Carothers Rd., travel approx 0.4 miles N on S.
Carothers Rd. to property on left.
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 WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS
AVAILABLE.
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