0.53± Acre Lot in Murfreesboro, Tennessee
Real Estate Auction Company

0.53± Acre Lot in Murfreesboro, Tennessee

SOLD! This is a repeat seller for Target Auction Company who recognizes the value of using our highly visible auction platform. This is a commercial / industrial real estate entity that uses auctions as their primary sales method. The purchaser closed on this property only 2 days after bidding concluded. 

Sold

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-SOLD-

Online Auction

0.53± Acre Lot on Bradyville Pike

Murfreesboro, Tennessee

Bidding January 10th through Thursday, January 13th at 1:00 pm CT

Selling to the Highest Bidder at or above $37,250

 

802 Bradyville Pike, Murfreesboro, Rutherford County, TN 37130

  • 0.53± acre lot
  • Good visibility with frontage on Bradyville Pike
  • Located in city limits of Murfreesboro
  • Located in Rutherford County

 

For information, please contact Greg Hadden with TVA at 423-313-3559 or gchadden@tva.gov.

Please Review All Posted Documents.

 

AUCTION INFORMATION

AuctionOnline bidding begins Monday, January 10th at 8:00 am CT and concludes Thursday, Thursday, January 13th at 1:00 pm CT subject to a 3-minute auto-extend.

Registration RequirementsTo qualify to bid, TVA must receive from each prospective bidder no later than 11:59 p.m. EST on January 3, 2022, (1) a $23,500.00 earnest money deposit, and (2) a letter of intent to bid at the auction setting forth the bidder’s legal entity name, address, phone number, and e-mail address.

Terms of Sale: This is a cash sale and must close within 24 hours.

Property Previews: The property is vacant land and can be viewed anytime during daylight hours.

 

Target Auction Company is a premier marketing firm with proven ability to provide certainty when selling valuable real estate throughout the U.S. using our streamlined process. We highly recommend our platform for your selling and buying needs.

William T. McLemore TN Firm #5241/RE #272767.

DISCLAIMER: Target Auction and Land Co., Inc. assumes no liability for errors or omissions in this listing. Although information has been obtained from sources deemed reliable, the auctioneer makes no warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that the buyer’s and buyer’s agents should avail themselves of the opportunity to make a thorough inspection and verify all specifications prior to sale. All properties offered for sale in “AS IS” condition. This includes both personal property (if applicable) and real property. All sales are final. This listing may be modified or withdrawn at the seller’s discretion without notice at any time prior to or during the sale; property may be sold prior to Auction.  All properties are being sold subject to confirmation unless otherwise indicated. Seller may reserve the right to deny admittance or to remove anyone at this auction that may disrupt this sale in any way. All statements made at the auction shall take precedence over all printed materials. The auctioneer shall not be responsible or liable in any way if the seller fails to honor any bid or refuses to close or cannot close title in accordance with the winning bid(s) or any sales contract; or if the property is contaminated with any type of hazardous waste or requires any repairs. It is the purchaser’s responsibility to inspect all properties prior to bidding to verify all his/her specifications. Agency Disclosure: Target Auction & Land Co., Inc. and its agents represent the seller only. Target Auction & Land Co., Inc. is the selling agent only.

 

REAL ESTATE ONLINE BIDDING TERMS

 

To bid, you must be of legal age to enter into a contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter a contract in your state, please consult with competent legal counsel before bidding. All bids are placed in US DOLLARS.

 

PLEASE READ THESE REAL ESTATE ONLINE BIDDING TERMS AND THE SPECIFIC TERMS AND CONDITIONS OF SALE THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. THE PROPERTY SPECIFIC TERMS AND CONDITIONS OF SALE IS LOCATED ON THE DOCUMENTS TAB OF THE PROPERTY’S AUCTION PAGE. IF YOU HAVE NOT READ AND REVIEWED THESE, DO NOT BID.      

 

BIDDER ACKNOWLEDGEMENT

  1. All bids shall be deemed pending unless and until duly accepted by the auctioneer.
  2. If there is more than one high bid at the same level (a tie bid), the bid first submitted will be honored.
  3. All bids are accepted at the sole discretion of the auctioneer.  The winning bidder is deemed the bidder that places the bid that is accepted by the auctioneer.
  4. 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.  Auctioneer reserves the right to deny any person to participate in the auction. The auctioneer reserves the right to sell the property in any manner so desired. Individual purchases are to be considered as singular and are not contingent upon the sale of any other properties.
  5. All announcements made prior to the conclusion of the auction supersede any prior oral or written statements.  The seller reserves the right to add to or delete all or a portion of the property. On behalf of the seller, the auction company may, at its discretion, change or modify any part of the sales contract or terms of sale at any time prior to execution of sales contract without further notice to any bidder or purchaser.
  6. The auctioneer has the sole and absolute discretion to advance the bidding on behalf of the seller, including the discretion to reject any bid which the auctioneer believes, does not advance the auction and/or is injurious to the auction.  Bids that may be rejected include without limitation bids that appear to the auctioneer to be nominal, suspicious and/or suspect.
  7. Seller reserves the right to postpone or cancel this auction at any time for any reason.
  8. Neither the company providing the software, nor the auction company or seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason, including but not limited to any internet connection failures.
  9. All registration information the bidder provides shall be current, complete, and accurate. All bidders are responsible for any bids placed under their bidder accounts/number and passwords. The security of bidder information is the responsibility of the bidder. Bidders must notify auction company if they believe that their bidder account/number and password have been compromised.
  10. All properties will be selling subject to seller approval unless otherwise stated.
  11. By using the “App” or registering to bid, you agree to all of the terms and conditions and expressly acknowledge and affirm that you have read and are familiar with the Online Bidding Terms, Terms and Conditions of Sale as well as all the disclaimers, conditions and all other related documents set forth in regard to the auction, property, and method of bidding.
  12. By placing a bid, you acknowledge that your bid is a legally binding offer to purchase the property being auctioned.  Your bid (i.e., offer) may be accepted by the auctioneer, in which case a legally binding agreement will be in place between you and the auction company.
  13. The MaxBid function on the online bidding platform is private; however, it can be seen by the auctioneer.

BUYER’S PREMIUM 

No buyer’s premium will be collected on this property.

 

TERMS OF SALE 

This a CASH SALE and not contingent upon purchaser’s ability to obtain financing.

 

ONLINE AUCTION REGISTRATION 

  1. Bidders are required to register to place bids by submitting a valid credit card. There is no charge to your credit card to register to bid. Real Estate cannot be purchased using a credit card.
  2. Bidder must be approved by auction company.

WIRE TRANSFERS

A service fee will apply to all payments made via wire transfer. For wire transfer instructions, please email auctioninfo@targetauction.com.

 

DEFAULT 

It is agreed by all parties that in the event the purchaser fails to execute the Contract For Sale And Purchase, or submit the required deposit, or close the transaction, purchaser will be declared in default and will forfeit any registration amount and/or down payment. Seller and auction company reserve all rights allowed by law and the Contract for Sale and Purchase, to file suit for damages, specific performance or cancellation of the transaction, with the seller to retain the down payment and registration amount.

 

EQUAL OPPORTUNITY CLAUSE 

All bidding is open to the public.  The property is available to purchasers without regard to race, color, religion, sex familial status, national origin, or physical handicap.

 

BIDDER VERIFICATION 

The identity of all bidders will be verified, bidding privileges are provisional, and if complete verification is not possible, auction company reserves the right reject the registration and bidding activity is subject to termination.

 

POWER OF ATTORNEY

Any person bidding on behalf of another person or entity must have a valid, legally enforceable, unexpired, Power of Attorney approved by auctioneer before the being approved to place bids.

 

AUCTION END TIMES 

  1. All online auctions are subject to extended bidding due to bidding activity.  Auction company reserves the right to adjust the auto extension time period or end the auction.
  2. If you are outbid by another bidder, you will receive an email notice (unless bidder chose to have these disabled during registration).
  3. As the auction nears the ending time it will auto-extend until bidding is silent for a minimum of 3 minutes.
  4. The high bidder will be notified via email after the auction ends.

TIME SHALL BE OF THE ESSENCE

 

PROPERTY INFORMATION, INSPECTION and DISCLAIMER 

  1. The property is selling “AS IS, WHERE IS WITH ALL FAULTS” subject to, and any CONTRACT IS NOT CONTINGENT upon: any state of facts an accurate survey or personal inspection of the property may reveal, any existing or proposed rights-of-way, restrictive or protective covenants, easements, encroachments, rights or claims of parties in possession, zoning, building codes, permits, governmental agencies regulations, environmental conditions, wetlands, riparian, or littoral rights, flood zones, subdivision and HOA regulations, water rights or water access, mineral rights or reservations, leases or tenancies, suitability, merchantability, marketability, operability, tenant ability, habitability, income, soil condition, sink holes or percolation, safety and health codes, or fitness for a particular use or purpose, and subject to all title exceptions as set forth in the Title Commitment. No guarantees are given as to the availability of utilities or the permitted or allowable uses on the property. The seller or auction company have not made, do not make and will not make, and hereby disclaim any representation or warranty, whether expressed or implied or statutory, whether oral or written, with respect to the property. The bidder is advised to independently verify all information deemed important. The bidder agrees all due diligence related to the property and its purchase will be completed and bidder will be satisfied with the results prior to placing a bid.
  2. It is the bidder’s sole responsibility to 1) review all property information; 2) independently verify any information deemed important including, but not limited to, information available in public records; and 3) inquire of public officials as to the applicability of and compliance with land use laws, health, sanitary, safety and fire codes, any environmental laws and regulations, and any other local, state or federal laws and regulations.
  3. All information contained in any and all promotional materials was provided by the seller and is believed to be correct; however, neither the seller nor the auction company makes any guarantee or warranty as to the accuracy or completeness of such information.  Neither the seller nor the auctioneer is required to update any information.
  4. Neither the seller, its attorneys, any broker, nor the auction company shall be liable for any relief including damages, rescission, reformation, allowance or adjustments based on the failure of the property, including, but not limited to, amount of square feet, acreage, dimensions, maps, taxes, income, etc. or to conform to any specific standard or expectation, or any third-party documents or information.
  5. Any work performed by a potential bidder or on behalf of a potential bidder is solely at the expense and responsibility of the potential bidder.

CONFLICT OF PROVISIONS

In the event of a conflict with the Online Bidding Terms and the property specific Terms and Conditions of Sale that is located on the documents tab of the property’s auction page, the Terms and Conditions of Sale shall control the provision in conflict.