PROPERTY ONE: Brick Home on 10± Acres with Barn & Outbuildings
Don’t miss this auction opportunity! This property features an 1,800± sq ft brick home with 3 bedrooms and 2 baths, situated on 10± acres. The property includes a barn, shed, and multiple outbuildings, offering plenty of space for storage, livestock, or hobbies.
Property will be offered in 2 tracts and back as a whole, giving you the chance to purchase individual parcels or the entire property.
The home is currently rented, and the rental agreement will be honored until April 25, 2026. This includes the rent payment remaining the same.
PROPERTY TWO: Vacant 2.5 +/- multi-use acres with great frontage on AL HWY 9 located midway between Centre and Cedar Bluff, Alabama. This tract offers great visibility and is level and ready to build on.
PROPERTY THREE: 0.6 +/- acres on Cherokee County Road 71. This is a unique tract with great County Road 71 frontage.
Property One location and Auction Site:1415 Industrial Blvd, Leesburg, Alabama 35983. ALL PROPERTIES WILL SELL FROM THIS LOCATION.
Directions to Property One: From Leesburg, at the intersection of US HWY 411 and AL HWY 68 (Industrial Blvd) take AL HWY 68 toward Collinsville, property is 1.6 miles on the left.
Preview: You may also call our office for a preview of this property.
Property Two location: 3065 Cedar Bluff Rd, Centre, Alabama 35960
Directions to Property Two: From Centre, at the intersection of Chesnut Bypass and Cedar Bluff Road (HWY 9) at CVS take Cedar Bluff Road toward Cedar Bluff for 2.4 miles to property on the left.
Preview: Preview Property Two at any time.
Property Three location: Cherokee County Road 71, Centre, Alabama 35960
Directions to Property Three: From Centre, at the intersection of Main Street and AL HWY 9 (Waffle King) take AL Hwy toward Piedmont for 0.5 miles and turn right onto Cherokee County Road 71, go 3.5 miles to property on the right.
Registration: Registration will be at 9 AM on sale day. All interested persons must register to bid prior to bidding.
Auction Order: First, we will Property One in 2 tracts. High Bidder will have the choice of Tract 1 or Tract 2, Second, we will offer the property back as a whole Tracts 1-2. To bid as a whole, a 5% increase will be added to the initial bids.
Second, we will offer Property Two.
Third, we will offer Property Three.
SPECIAL NOTE on PROPERTY ONE. Property One currently has a tenant who has the right and option to stay until April 25, 2026, with no adjust to their current rent. Rent monies from tenant will begin to go to the new owner once the property is closed.
Terms: There is a 10% Buyer’s Premium on the real estate that will be added to the Purchaser’s bid to arrive at the final bid price. The ten percent (10%) Buyer's Premium is due on the day of auction for the Real Estate and will serve as the deposit. The deposit will be held in escrow until closing. Balance is due at closing. The closing will be held on or before November 25, 2025. This sale is not contingent on a potential buyer’s ability to obtain financing.
There is a 11% Buyer’s Premium on all online bids that will be added to Purchaser’s bid to arrive at the final bid price.
All properties are being sold "AS IS" without any warranties, guarantees, or promises.
Survey: There is a $500 survey fee per tract that will be due and payable on day of auction by the purchaser.
ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY ORAL, PRINTED, or PUBLISHED INFORMATION.
