McClaran st, Mcminnville, TN 37110

Property Description

Absolute Commercial Tract & Residential lot Auction Attention builders, developers, and spec builders Saturday August 29th @ 10AM 9 Residential building lots 1 prime commercial tract ACROSS FROM 4985 SMITHVILLE HWY (Deloras Market) Selling at absolute auction are 9 residential building lots in the McClaran Subdivision and 1 2.5+/--acre commercial lot. Across from Deloris Market and Valley Feeds. These building lots range from one-third acre up to one half acre tract. These were developed in the 1970’s and now the remaining lots are being sold to the highest bidder in this great well-established neighborhood. The recorded restrictions are: 1. Set back lines of 35’ 2. Minimum building requirements of 1,000 square feet of floor space with 70% brick or rock covering. This 2.5 +/- acre commercial tract has 767+/- feet on Smithville Highway and 146+/- feet on 5.772 Grizzel Road. A soil site has been established on the property. This is a great opportunity for a commercial tract to sell at absolute auction. Located on the corner of Smithville Highway & Grizzell Rd. Build a convenience store, mini warehouses and much more. There are no recorded restrictions we can find. Drive out and look at all the lots that will be sold. The building lots will be sold by choice to the high bidder and NO REGROUPING will be offered. When we say “SOLD” you own the property. The commercial tract but will sell last. TERMS: $5000 down day of sale per lot, $25,000 down day of sale on the commercial tract, balance due in 30 days. Possession with deed. 2026 TAXES paid by seller. A TEN PERCENT buyers’ premium will be added to all winning bids to determine the final contract price. Plats, surveys and additional information will be online, on site and at our office. Go to Hillisaucitons.com for all the pictures and details.