Auction Information
Development Land Auction
Development Land Auction
2.43 Acres Prime Development Land
2 Vacant Commercial & Development Land Parcels Along I-65
Thursday, March 28 1 PM CT
Auction Location: Comfort Inn & Suites, 105 Trotters Lane, Franklin, KY 42134
***This auction will be conducted off-site (property is across the street) in the meeting room of the hotel for convenience.
Excellent Interstate Visibility North & Southbound
Parcel / Lot 6: 1.35 acres w/ 305 frontage along I-65 & 305 frontage along Trotters Lane
Parcel / Lot 7: 1.08 acres w/ 162 frontage along I-65 & 240 frontage on Trotters Lane
16 miles to Bowling Green, KY
45 miles to Nashville, TN
3.3 miles to Franklin, KY
Excellent development opportunity with Interstate and state highway visibility consisting of 2.43 acres of prime land fronting I- 65 at Exit #6 on the southbound entrance ramp in Franklin, KY. The KYTC Traffic Count Reporting System ...
Excellent development opportunity with Interstate and state highway visibility consisting of 2.43 acres of prime land fronting I- 65 at Exit #6 on the southbound entrance ramp in Franklin, KY. The KYTC Traffic Count Reporting System indicates the AADT (Annual Average Daily Traffic) count in 2017 located at the KY 100 Interchange was 48,143.
Transitional land continues to attract investors, developers and franchise owners to new areas as they seek to expand their territories. This land will be offered in two parcels, (Lot 6 & Lot 7) with the right of combinations. Utilities are available along Trotters Lane and/or Highway 100. The property is currently zoned B-5, Interstate Interchange Business District and is located within the city limits of Franklin, KY. The land also rests within the Kentucky Opportunity Zone Initiative for economic development projects.
United Country | Heartland Realty & Auction LLC
Brokers/Auctioneers:
Ron Kirby, Jr., CAI, AARE, CES, UCMA
Chris Gravil, UCMA
Apprentice Auctioneers: Jeff Britt, Kyle Kepley & Colton Gregory
TERMS & CONDITIONS: 10% down (non-refundable deposit) on sale day with the balance due on or before April 29, 2019. Possession w/ delivery of deed at closing, 2019 Real Estate taxes will be prorated at closing. Property is being sold As Is and is subject to all easements and leases, recorded and unrecorded. There are no contingencies whatsoever, including financing, appraisals nor post sale inspections. The property will be offered as individual lots and with the right of combinations. Properties will be conveyed by the current deed and plat book of record. A 7% Buyers Premium will be added to the final bid price to determine the real estate sales and purchase contract selling price. We encourage your personal inspections and due diligence, prior to bidding. Announcements made day of sale take precedence. Each office is independently owned and operated.
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