Name: 0.67 Acre US Highway 25E Thorn Hill, TN 37881

Auctioneer: United Country Clinch Mountain Realty and Auction

Auction Type: Online Auction Only

Dates: 6/30/2023 Bidding set to end 7/31/2023 7:30 PM EST Soft Close Auction

Preview Dates 6/30/2323-7/31/2023

Closing Date: Winning BIdder will receive an email from Joey Haun with all information.

Location: Online Only Auction

Bean Station, TN 37708

Buyer's Premium: 10% and 1% Internet Fee added to Bid Price

Property Details

• Parcel Number: 020 015.05

• Property Address: 0.67 Acre US Highway 25E

• County: Grainger

• State: Tennessee

• Lot Size: 0.67 Acre

• Zoning: Residential

Title: Prime Land Auction: 0.67 Acre Lot on US Highway 25E in Grainger County, Tennessee

United Country Clinch Mountain Realty & Auction is pleased to announce an exciting land auction in Grainger County, Tennessee. This auction presents a fantastic opportunity to acquire a 0.67-acre lot located in the Thorn Hill Community.

The lot on US Highway 25E offers excellent visibility and exposure to passing traffic. With a daily traffic count of 9,303, this property is ideal for various business ventures. Its prime location makes it suitable for a billboard, a roadside peddler setup, or a storage building.

It's important to note that the lot will not be able to obtain a septic system due to specific soil conditions. However, creative and alternative solutions may be explored for potential buyers looking to develop the property.

This property is being sold from the Warranty Deed, so a survey is available.

The auction will be conducted entirely online, providing convenience and accessibility to interested bidders. Bidding will commence on June 30, 2023, and continue until July 31, 2023, with the auction closing promptly at 7:30 PM EST.

To participate in the auction and access further details about the property, interested individuals can visit our website at www.clinchmountainrealty.com. Take advantage of this chance to acquire valuable land in Grainger County, Tennessee.

 Location:  Latitude 36.354410, Latitude -83.434419

 Driving Directions: At the Corner Of US HWY 25E & HWY 131 (Look for Sign)

 0.67 Acre US Highway 25E Thorn Hill, Tennessee 37881, Map 020 Parcel 015.05 Grainger  County Tennessee

Homeowner Association Fee 0.00

2022 Yearly Property Taxes are 44.78

This Property is Being Sold from the Warranty Deed. There is no survey available.

 FL# 5167

TERMS & CONDITIONS

Buyers Premium: 11%  will be added to the bid price, whichever is the highest amount.

Payment Options: Check and Wire Transfer Payment Instructions: United Country Clinch Mountain Realty & Auction LLC Bidders Agreement:

 I (Buyer) agreed to enter into a contract if declared high bidder by the auctioneer on the 0.67 Acre US Highway 25E, Thorn Hill, TN 37881 in Grainger County, TN, an Internet Only Auction.

 I agree that I have read and fully understand the Terms and Conditions of this auction. Terms & Conditions 1) Auction - Bidding ends July 31, 2023, at 7:30 p.m. EST. (This will be a soft Auction)

2) Buyer’s Premium – 11%  will be added to the final bid price to arrive at the contract sale price.

 3) Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. A signed copy of the contract must be received by United Country Clinch Mountain Realty & Auction on or before 12:00 NOON, Tuesday, August 1, 2023, hand-delivered, faxed or scanned, and emailed). This is a Reserve  Auction 

 4) 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Bidding is not contingent upon financing. The balance of the purchase price will be due at closing.

5) Closing shall be on or before 5:00 p.m.,  August 31, 2023.

6) Possession will be given at closing, subject to the remaining rights of the current tenant, if any.

 7) Seller shall pay 2022 and all prior year real estate taxes. 2023 real estate taxes will be Prorated to the day of closing.

8) Under no circumstances shall Bidder have any kind of claim against United Country Clinch Mountain Realty & Auction, or anyone else if the Internet service fails to work correctly before or during the auction.

9) The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.

 Currency Type: US Preview Date & Times:

Please contact the auction company for preview dates & times. Checkout Date & Times: Please contact the auction company for checkout dates & times.

  Location: Latitude 36.354410, Latitude -83.434419

 Driving Directions: At the Corner Of US HWY 25E & HWY 131 (Look for the Sign)

 0.67 Acre US Highway 25E Thorn Hill, Tennessee 37881, Map 020 Parcel 015.05 Grainger  County Tennessee

Homeowner Association Fee 0.00

2022 Yearly Property Taxes are 44.78

This Property is Being Sold from the Warranty Deed. There is no survey available.

 FL# 5167