28,530 +/- sf Warehouse and Office Complex
on 3.76 +/- Acres in Mount Juliet, TN
Date & Time: Sold at Live Auction - October 10, 2012
Location:

CLOSED AUCTION


Dates & Times Locations Videos Photos Property Information Documents & Links Terms & Conditions
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This 28,530 +/- sf of office and warehouse space including several buildings on 3.76 +/- acres sold to the highest bidder at absolute auction from the premises. McLemore Auction Company, LLC sold this office and warehouse complex in Mount Juliet, TN on October 10, 2012 at 11:00 AM CT. The property was the former location of Welding Techniques and Service, Inc. This property is located on a major thoroughfare just 4 miles from downtown Mount Juliet and just 11 miles from downtown Lebanon.

Gross Auction Sales: $704,000.00
Registered Bidders: 13

Dates and Times
Sale Date
Wednesday, October 10th, 2012
From the Premises at 11:00 AM CT
Inspection Date
 
Wed, October 10th, 9:00 AM - 11:00 AM CT
Or by appointment, contact Kristi Bobo at (615) 517-7675 to schedule an appointment.

Locations
Former Location of Welding Techniques & Svc Inc
9485 Lebanon Road Mount Juliet, TN, 37122

Videos

Photos

Property Information
GENERAL INFORMATION
Address: 9485 Lebanon Rd
City: Mount Juliet
County: Wilson
Year Built: 1944, 1987, 2007
Area: 28,530 +/- sf
BUILDING INFORMATION AND APPROXIMATE ROOM DIMENSIONS
Rough Floor Plan: For a PDF of the floor plan click here. This floor plan is NOT drawn to scale, and is provided for informational purposes only.
Welding Room 1: Length 125', Width 60'.
Ceiling Height to Bottom of Steel Roof Support in Center of Span: 19'.
Ceiling Height to Bottom of Steel Roof Support at Side of Span: 17' 7".
Welding Room 1 Bay Doors: 2B: Width 14'.
8H: Width 22'.
9I: Width 14'.
Unnamed Door Between Welding 1 and Welding 2: Height 14'.
Locker Room: Length 13', Width 23'.
Painting Room: Length 50', Width 60'.
Painting Room Bay Door: 7G: Width 20'.
Welding Room 2: Length 175', Width 50'.
Ceiling Height to Bottom of Steel Roof Support in Center of Span: 22' 11".
Ceiling Height to Bottom of Gantry Crane: 19'.
Ceiling Height to Bottom of Steel Roof Support at Side of Span: 21' 2".
Ceiling Height to Bottom of Gantry Crane Tract at Side of Span: 16' 5".
Welding Room 2 Bay Doors: 3C: Width 11' 9".
4D: Width 22', Height 14' 2".
5E: 22', Height 14' 2".
6F: Width 22', Height 16' 2".
10J: 14'.
Small Shop: Length 50', Width 40'.
Small Shop Bay Door: 1A: Width 14'.
Break Room: Length 24', Width 21'.
UTILITIES
Electricity: Electricity service is available from Middle Tennessee Electric. Call (877) 777-9020 for more information.
Electric Service Details: 3x 50 KVA Transformers on Pole Outside; 800A / 480V / 3 Phase / 4 Wire Main Service.
Water: Water service is available from West Wilson Utility. Call (615) 758-5682 for more information.
Wastewater: Sewer service is available from Mt. Juliet Sewer. Call (615) 754-2554 for more information.
TAXES
County Tax ID: 054 049.00
2011 Taxes: $7017.80
LAND INFORMATION
AREA: 3.76 +/- Acres
Subdivision: Williams Commercial Property
Zoning: CRC (Commercial Retail Center District)
PLEASE NOTE: Because the property was utilized as a manufacturing facility before it was zoned CRC, it is currently a permitted non-conforming land use according to City of Mount Juliet officials. For more information relating to future land use for this tract place contact Isabelle Ford, Zoning Administrator at (615) 773-6285 or iford@cityofmtjuliet.org or Steve Foote, City Planner at (615) 773-6262 or sfoote@cityofmtjuliet.org.


Terms and Conditions
By participating in this auction the bidder agrees to the following terms and conditions:
  1. Auction Procedure:
    The auctioneer shall offer the property to all registered bidders. Bidders may register by agreeing in writing to be bound by these real estate auction terms and conditions.
  2. Absolute Auction:
    The property will sell to the highest bidder, regardless of price.
  3. Buyer's Premium:
    A ten percent (10%) buyer's premium will be added to the high bid price to arrive at the total contract price for the property.
  4. Agreement of Purchase and Sale:
    The purchaser(s) shall execute an agreement of purchase and sale, in the form provided by the substitute trustee, without modification, immediately after being declared the high bidder.
  5. Deposit:
    The purchaser shall submit a nonrefundable deposit to the appointed escrow agent in the amount of 15% of the purchase price immediately after being declared the high bidder. Company and personal checks are acceptable forms of payment.
  6. Taxes:
    All Wilson County, Tennessee real property taxes for 2012 will be paid by the Buyer at closing. The purchaser shall not be responsible for the payment of any other prior real property taxes.
  7. Closing:
    The balance of the purchase price shall be paid at or before closing. Closing shall take place on or before November 9, 2012. The escrow agent will schedule and conduct closing.
  8. Escrow Agent:
    The deposit, earnest and purchase monies in respect of the property shall be paid to and deposited with Tom Lawless. (615) 351-7839.
    701 Broadway, Ste 403, Nashville, TN 37203
  9. Deed:
    Purchaser shall receive a substitute trustee's deed.
  10. Title Insurance:
    Title insurance will not be provided by the seller. Buyer may elect to purchase title insurance from the Escrow Agent and Substitute Trustee or other title insurance agent, at buyer's cost.
  11. Closing Costs:
    At closing, Seller shall pay for its escrow and closing fees and all of the costs for preparation of all documents to convey the property. At closing, purchaser shall pay for its escrow and closing fees, any and all recording and conveyance fees, and all other sale, financing or closing fees as required.
  12. Cash Sale:
    This is a cash sale and is not contingent on purchaser's ability to obtain financing.
  13. Possession:
    Purchaser will receive possession at closing.
  14. As-Is Sale:
    The Purchaser shall accept the property in an as-is condition with all faults as of the closing date and the purchaser shall specifically agree that the seller has not and does not make any representations or warranties of any kind whatsoever, expressed or implied, to the purchaser regarding the property or any improvements thereon. The property is selling subject to anything an accurate survey or personal inspection of the property may reveal, including any existing rights-of-way, easements or claims to easements, encroachments, rights or claims of parties in possession, restrictive covenants and easements, flood zones, zoning or subdivision regulations, building codes, governmental agencies regulations, environmental conditions, lead-based paint, asbestos, radon gas, hazardous materials, any mineral rights, water rights, riparian or littoral rights, and reservations or conveyances, if any. The purchaser shall have satisfied himself as to the location and condition of the property, and all descriptions thereof, before bidding. All information contained in the brochure and all promotional materials, including, but not limited to,square footages, acreage, dimensions, maps, taxes, etc., was provided by the seller and is believed to be correct; however, neither the seller nor the auctioneer makes any guarantee or warranty as to the accuracy or completeness of such information.
  15. Easements:
    Sale of the property is subject to any and all easements of record.
  16. No New Survey:
    The property will be conveyed according to the existing legal description.
  17. Agency:
    McLemore Auction Company, LLC and its representatives are exclusive agents of the seller and are agents of no other party to this transaction.
  18. Equal Opportunity Clause:
    All bidding is open to the public. The property is available to qualified purchasers without regard to a prospective purchaser's race, color, religion, sex, familial status, national origin, or physical handicap.
  19. Announcements:
    All announcements made on auction day supersede any prior oral or printed statements.
  20. Miscellaneous:
    All decisions of the auctioneer are final as to the methods of bidding, disputes among bidders, increments of bidding and any other matters that may arise before, during, or after the auction. Seller reserves the right to deny any person admittance to the auction or expel anyone from the auction who attempts to disrupt it.
  21. Owner:
    H & C Leasing, LLC.
locationPrimary filterBy2770 categoryReal-Estate-Commercial--Warehouses
Highlights:

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Gross Auction Sales: $704,000.00
Registered Bidders: 13
Notes:
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