A U C
T I O N Thursday,
May 22, 6:00 p.m. CDST Excellent
Commercial
& Residential Development Real Estate
Income Producing Commercial Real Estate - Recreational Acreage
Lee, Russell & Chambers Counties, Alabama The auction will be held at the Quality
Inn
1102 Columbus Parkway, Opelika, Alabama 36804
(US Highway 280, exit 62)
Auction Coordinator: Tony DeLoache, CAI
Property
101: 10,000± Sq.
Ft. Shopping Center
202 South Seale Road, Phenix City, AL
• Great Income Producing Property
• Excellent Location
• 100% Occupied (Lease Agreements Available)
• $82,200 Gross Annual Income
• City Utilities
Property
101A: 133’ x 166’
Corner Lot Adjoining
Property 101 - Offered Separately
• High Traffic Count
• Zoned C-3
• City Utilities Directions: From U.S. Hwy. 280 in
Phenix City, AL take the Colin Powell Parkway / Seale Road
Exit. Cross over Colin Powell Parkway and travel 1/10 mile.
Turn left on Seale Road and travel 4/10 mile to the property.
Watch for auction signs!
Property
102: 0.76± Acre
Commercial Tract
2600 West Point Parkway, Opelika, AL
• Zone CG-3
• Excellent C Store Location
• 548’ on West Point Parkway Directions: At the intersection of
US Hwy. 431 and West Point Parkway travel east on West Point
Parkway 1/10 mile to the property. Watch for auction
signs!
Property
103: 13.62± Acre
Commercial Development Tract
South Uniroyal Road, Opelika, AL
• Zone CG-2
• Excellent Location w/ New Traffic Light at U.S. Hwy.
280
• Re-aligned Uniroyal Road & Proposed Bypass Front
Property
• Great Commercial Development Potential Directions: From U.S. Hwy. 280 in
Opelika turn onto South Uniroyal Road. Travel 1/10 mile to
the property. Watch for auction signs!
Property
104: 120± Acre Timber
Tract
Old Fredonia - Stroud Road
(County Road 262), Fredonia, AL
• Great Timber Investment
• Pine & Hardwoods
• Excellent Turkey & Deer Hunting
• Creek Frontage
• Property Enrolled in Conversation Use Program Directions: From Five Points, AL,
travel east 4 5/10 miles on CR 222. Turn on CR 267, and travel
2 8/10 miles to the property. Property fronts CR 262. Watch
for auction signs!
Property
105: 0.94± Acres
- Excellent Location!
200 West Glenn Avenue, Auburn, AL
• Prime Downtown Auburn Location
• Great Student Housing Potential
• Zoned Urban Core
• 275’ Frontage on Glenn Avenue
• City Utilities
• Unlimited Possibilities
Property
106: 45± Acres Approved
for High Density Subdivision
Bush Road, Smith Station, AL
• Zoned High Density Residential
• Phase I Approved with 99 Lots (70’ x 130’
Minimum Lot Size)
• All Drainage & Sewer Systems Engineered &
Approved
• 3 Bedroom, 2 Bath Brick Home, Gated & Fenced Directions: From CR 430 in Smith Station,
AL turn onto CR 298 and travel 2 miles. Turn on CR 230 / Bush
Road and travel 2/10 mile to the property. Watch
for auction signs!
Property
107: 120± Acres-Wooded/Waterfront
Tracts
"Saugahatchee Crossing"
Lee County Road 2038, Auburn, AL
• Offered in 42 Tracts - Selling
by the Acre
• Beautiful Wooded & Waterfront Lots on Saugahatchee
Creek
• Restrictive Covenants in Place
• Only 10 miles from Downtown Auburn
• County Water Directions: From downtown Auburn,
AL travel 10 miles west on AL Hwy. 14 to the property. Watch
for auction signs!
Preview: Drive-by inspections are welcome. For
a private showing call Rowell Realty & Auction Co., Inc. at
800-323-8388. Terms: Successful bidders will deposit 15% of the
purchase price at the auction in the form of cash, cashier’s
check, personal or company check with a bank letter of guarantee,
sign a real estate sales contract with the balance due at closing.
10% Buyer’s Premium Added! Closings: All real estate transactions
must close within 30 days of auction day. Sample Guarantee Letter: As a customer of our bank,
we will guarantee payment of checks drawn on account #___________
not to exceed the aggregate amount of $____________ for purchases
at the auction of Rowell Realty & Auction Co., Inc. on May 22,
2008 in Lee County, Alabama. Agency Disclosure: In all transactions, the auctioneer
is acting as agent for the seller, not as buyer’s agent. Disclaimer: All information contained herein is
believed to be correct to the best of the auctioneer’s knowledge.
The information is being furnished to bidders for the bidder’s
convenience and it is the responsibility of the bidder to determine
that information contained herein is accurate and complete. Any
reliance on the contents shall be solely at the recipient’s
risk. Each bidder must conduct and rely solely upon its’ own
investigation and inspection. The property is being sold “AS
IS” with any and all faults. Please review all information
supplied and seek appropriate assistance prior to bidding at the
auction. Announcements made from the auction podium take precedence
over written matter and prior oral statements. Note: Under Title
X, the purchaser of a single family residence built before 1978
has a maximum of 10 days to inspect the property for the presence
of lead-based paint. The period for the inspection begins May 12
through May 21, 2008. All bidders must sign a waiver of the 10 day
post sale inspection period.
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