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Land & Commercial Real Estate Auction

  • Holiday Inn (Auction Location) 146 Dearman Drive Monticello, AR, 71655 United States (map)

DATE AND LOCATION OF AUCTION:
Friday, May 29, 2026 | 9:00 am
Holiday Inn
146 Dearman Drive, Monticello, AR 

PREVIEW DAY FOR COMMERCIAL PROPERTY:
Thursday, May 28th from 11am-3pm

AUCTIONEER’S NOTES:
ATTENTION LAND BUYERS, DEVELOPERS & INVESTORS!!! Blackmon Auctions and Thomas Blackmon Realty will auction three beautiful tracts of timberland in the Green Hill Community outside of Monticello, AR on Friday, May 29th! Tract 1 consists of 44± acres bordering New Hope Road (approx. 633 ft of road frontage) providing plenty of access. Tract 2 and 3 consists of 10± acres per parcel (20± acres together) located on Green Hill Road (approx. 1,684 ft of road frontage). The timber includes a large stand of mature, mixed pine and hardwoods. Timber evaluation is available upon request.

In addition, we will auction a prime MONTICELLO COMMERCIAL BUILDING located at 300 Hwy 425. Call today for additional details of this great opportunity. Highlights include a 5.890 sq ft retail space situated on 0.23± acres.

Property Highlights

  • TRACT 1: 44± Acres of timberland with approx. 633 ft of Frontage on New Hope Road

    • Real Estate Taxes: $56.00

  • TRACT 2: 10± Acres of timberland with approx. 621 ft of Frontage on Green Hill Road

  • TRACT 3: 10± Acres of timberland with approx. 1,063 ft of Frontage on Green Hill Road

    • Real Estate Taxes: $27.00

  • 300 HWY 425 - COMMERCIAL REAL ESTATE: 0.23± Acres with approx. 83 ft of Frontage on Hwy 425

    • Real Estate Taxes: $1,677.00

Thad Morrison: 479-270-4805 (mobile), 501-664-4526 (office).

Thad Morrison: 479-270-4805 (mobile), 501-664-4526 (office). 

TERMS FOR THE REAL ESTATE AUCTION:

  • Must Have Proof of Availability of Funds to Register.

  • 10% Buyer's Premium added to bidder’s final purchase price.

  • Closing in 30 Days.

  • Sold AS IS, WHERE IS.

  • No Contingencies.

  • No Exceptions Will Be Made.

  • Earnest Money in The Amount of 10% - Preferably in the Form of a Cashier’s Check. Wire transfer also available.

  • Payable to Thomas Blackmon Realty. 

  • Due Day of the Auction.

  • Announcements Made Day of the Sale Take Precedence Over Printed Material.

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