Online Absolute Auction Event:
Ends Thursday Sept 27th at 3:00 pm (CT)
1.2± Acre Commercial Site located at the Main Entrance of the Walmart
Last Asking Price: $300k - Selling to the Highest Bidder
US-80 W., Demopolis, AL 36732
- 1.2 ± Acre Commercial Site (54,001 SF)
- Outparcel at Main Entrance of Walmart
- Zoned B-3
- High Traffic Count (2016 ALDOT 13,680)
- Great Visibility and Location
- Corner Lot on Hwy 80 W
- 221’ on Hwy 80 W
- 231’ on Entrance Road to Walmart
- Considered the Best Location in Marengo County
Immediate area businesses include: Jacks, Best Western Plus, Comfort Inn, Econo Lodge, Little Caesars, Pizza Hut, Tractor Supply, Verizon, Alabama Ag Credit, Townsend Automotive, Sweet Water State Bank, Med Center Demopolis, and numerous other restaurants and businesses, as well as Demopolis High School.
Bidding Begins: September 6th at 12:00 pm (CT) and Ends Thursday, September 27th at 3:00 pm (CT)
Broker participation is welcome. 10% Buyer’s Premium.
Dewey Jacobs, ALAU #5060
Sale Date and Location: Online bidding begins Friday, September, 6th at 12:00 pm (CT) and runs through Thursday, September 27th at 3:00 pm (CT).
Terms of Sale: 10% down due on auction day with the balance due at closing within 30 days.
REMOTE/ONLINE REGISTRATION FEE: A wire transfer to Target Auction Company Escrow Account in the amount of $5,000.00 will be required to bid remote/online and is due 24 hours prior to auction day.
Buyer’s Premium: A 10% Buyer’s Premium will be added to the final bid to determine the total contract price paid by the Purchaser.
Buyer Broker Compensation: Brokers are welcome. Please see the Broker Compensation Form under the Documents tab of this property’s auction page.
DISCLAIMER: Target Auction and Land Company, 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 This listing may be modified or withdrawn at the seller’s discretion without notice at any time prior to or during the sale; property may be sold prior to Auction.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 of his/her specifications. Agency Disclosure: Target Auction & Land Company, Inc. and its agents represent the seller only. Target Auction & Land Company, Inc. is the selling agent only.