Auctioneer's Note: Ladies and Gentlemen, we have been employed to sale "Without Reserve" to the highest bidder at Public Auction, regardless of the last and highest bid (ABSOLUTE). This property, consisting of 5.63+/- Acres, offers 795.89' of frontage on US HWY 421 and has a tax value in excess of $185,000.00 - all zoned commercial - just down the street from the new Chik-Fila and Lowes Hardware. Potentially a seven figure property with any sensible entrepreneur that has the foresight and resources to develop it! This property can be yours at your price - please mark this date on your calendar and we will C-ya on the 17th @ 12 Noon!!

AGENTS ON SITE DAY OF SALE AT 10 AM

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Property Description

A rare opportunity to purchase some of the most centrally located commercial property in Wilkes County at Public ABSOLUTE Auction. A potential seven figure value for perhaps as little as five figures - you will be the judge of what you pay on this day. The 5.63 Acres has a recent survey, 795+ feet of frontage on US Hwy 421(Northwest North Carolina's Busiest accessible corridor), commercial zoning, city water & sewer available and a 2010 tax value in excess of $185,000.00, Wilkes County GIS Tax Parcel ID number 1503510 for your convenience. Other properties in this area are currently on the market for approximately $100.000.00 (or more) per acre and some have sold in excess of $250,000.00 per acre. Yes, we know that this property will take someone with resources and ingenuity, but properties with more challenges have made many millions for the shrewd investor!! This property will be sold to the last and highest bidder, without reserve, regardless of the final hammered bid.

Call As Soon As Possible for your appointment to view this property and also for maps, terms, and conditions of this Auction. 336-667-9265

REAL ESTATE TERMS AND CONDITIONS: The Real Estate sells strictly "AS IS, WITH ALL FAULTS". No warranties are given or implied. No improvements/repairs will be made by the owners/sellers. All information is believed to be correct but is not guaranteed. Prospective purchasers are required to have all necessary/desired property inspections that constitute a condition of sale completed prior to the auction. It is the purchaser's responsibility to conduct his/her own due diligence, and must understand he/she is buying the property entirely upon his/her own examination and opinion. All square footages are approximate. The successful Bidder will be required to sign all necessary documents which may include: Offer to Purchase Sales Contract,Terms and Condition Memorandum, Bidder Certification Statement and an Agency Disclosure Statement. A non-refundable down payment of Twenty Thousand Dollars ($20,000.00) will be required at time of sale. Balance of PURCHASE PRICE is due upon transfer of title (approximately 30 days). The non-refundable down payment must be made with cash, cashier’s check, or good personal checks. REAL ESTATE BROKERED BY (As Agent Of The Seller) GREAT STATE AUCTION COMPANY, W. Randall Woodruff, Broker #33312, NCAL #6868. No compensation will be paid to any buyer’s agent. Any announcement made day of sale supersedes any printed materials. A 10% BUYER’S PREMIUM WILL BE CHARGED ON REAL ESTATE.