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Scott E. McCarter, CAI
Chuck McCarter, Auctioneer
Edd McCarter, Auctioneer
Keith McGregor, Apprentice Auctioneer
Keith Shults
Brent Shults
Lisa M. Carroll
Megan McCarter Cates
Amanda McCarter
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SATURDAY, NOVEMBER 21, 2009, 10:30 A.M.
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COURT ORDERED ABSOLUTE AUCTION
PIGEON FORGE'S BEST
21.38 ACRES PRIME COMMERCIAL ZONED C-4
CENTER OF PIGEON FORGE FRONTING TEASTER LANE, A FOUR-LANE HIGHWAY
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Click Photo To Enlarge
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BUY THE BEST NOW
This is a court ordered Absolute Auction. All 4 tracts must sell to the highest bidders, regardless of price. We invite you to look this property over and attend this very exciting Auction. You may get a very good bargain in this excellent commercial property. |
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Click Here To Enlarge |
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OPEN HOUSE: Friday, November 20th, 4 P.M. til dark and Saturday before sale.
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Click Photo To Enlarge
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Known as part of the Vernon and Ruth Fain Farm, this is one of the largest and best undeveloped properties in the very popular and thriving north end area of Teaster Lane. The Inn at Christmas Place is just a block and a half away, and the city's newest hotel, Marriott Spring Hill Suites, is nearing completion only 1/2 block away at the corner of Teaster Lane and Christmas Tree Lane. Numerous nice, newer restaurants and shops are doing great in this area.
One of Pigeon Forge's original malls, Belz Factory Outlet World, adjoins the south side of this property and the newer green roof mall is just across Teaster Lane. There are very few pieces of vacant land in this fast-growing area of America's favorite tourist destination, Pigeon Forge.
THE LAND lays level with the road at front, then starts to slope up approximately 400 feet back. Tract #2 with the old barn is an almost all level 2.36 acres and would require very little site preparation. Tract #3 has a large leveled area at the back on the high top with unparalleled views of the Great Smoky Mountains and Pigeon Forge. Tracts #1 and 4 also have great views making them ideal for upscale hotels, condominiums and many other uses. Approximately 1/2 of Tract #4 is cozy hardwood forest. |
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Click Photo To Enlarge |
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TERMS: REAL ESTATE: 10% Deposit day of sale, balance at closing within 30 days. All successful bidders will be required to sign a note for the deposit amount with the contract, in addition to deposit paid day of sale. Note shall become null and void when buyer shall complete all requirements for closing as set out in their contract.
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SEVERAL LOCAL BANKS OFFERING GOOD FINANCING
BANK REPRESENTATIVES WILL BE AVAILABLE DAY OF SALE OR CALL OUR OFFICE FOR DETAILS PRIOR TO SALE.
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4 NICE LARGE TRACTS 2+ TO 10+ ACRES EACH
ADJOINS BELZ MALL, NEAR NEW HOTELS, RESTAURANTS & OTHER THRIVING BUSINESSES
PROPERTY HAS BEEN IN SAME FAMILY SINCE 1925
FRONTS TEASTER LANE |
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PRELIMINARY MAP (click for enlarged map)
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10% BUYERS PREMIUM WILL TO BE ADDED TO EACH SUCCESSFUL BID. TO BE SOLD HIGH BIDDER CHOICE, NO REGROUPING
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