Attention Heavy Industrial Land Buyer’s in Magnolia, Arkansas
Absolute Real Estate Auction
Date and Location:
Friday September 12 @ 9:00 AM
2219 S Washington St, Magnolia, AR 71753
Auctioneer’s Notes:
Magnolia offers a vibrant growing community with tree-lined streets, friendly neighbors, and a variety of local amenities. This property is located along S Washington St (AR Hwy 19) less than a mile south of the town center. There is an office on the property that currently, due to the zoning, cannot be used as a home. The land and the office will be sold separately from each other. Magnolia, Arkansas sits atop the Smackover Formation and is at the center of the Lithium Boom, Don’t miss this chance to be part of it!
Property Description:
10.04 Acres Zoned I-2 Heavy Industrial
Primarily Covered with Timber
Office is 1,472 sf, built in 1940, and Sits on a 85’ X 105’ Lot or about .20 acres
Large Rooms with Lots of Storage, Including a Carpeted 14’ X 16’ Utility Building
There appears to be a well on the property
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
Earnest Money in The Amount of 10%, Payable to Thomas Blackmon Realty, Due Day of the Auction
Selling “AS IS” with No Contingencies, No Exceptions Will Be Made
Announcements Made Day of the Sale Take Precedence Over Printed Material
