1.19 acre commercial lot with high visibility and easy access. Property is zoned IH, Heavy Industrial District, allowing for a variety of commercial and industrial uses. Lot has about 100' frontage along S Mendenhall Rd. List price is $55,000 with an Opening Bid of $27,500 if no offer received before 02/22/2014 auction. Buyer Fee of 2% or $2,000, whichever is greater, to be added to high bid to determine final sale price. Nonrefundable EM of 5% of high bid/sales price due from high Bidder at time of auction/offer. Cash closing, no contingencies. Offers are subject to seller approval. Property sold 'as is, where is'. See Bidder Packet for additional details. Auctioneer Firm: Micoley.com LLC #5767. Auctioneer: Rick Roundy #6642. Broker Firm: Micoley.com LLC #262521. Broker: Wade Micoley #328035. Directions: Head east on I-240 E towards Germantown. Take exit 17 for Mt Moriah Rd. Keep right at the fork, follow signs for Mt Moriah Rd S and merge onto Mt Moriah Rd. Take slight right toward S Mendenhall Rd and continue straight towards E Shelby Dr. Property is located on the right after Paul's Tile.
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