WHEN: Wednesday, June 29th, 2022 at 12:00PM
WHERE: On Site, 4560 Concord Pkwy S, Concord, NC 28027
PREVIEW: Sale Day, 11:00AM-12:00PM
Live On-Site Auction Held at the Site on Wednesday June 29th, 2022 at 12PM
*Please refer to attachments for Terms & Conditions of Sale, Zoning/Allowable Uses, and other Information*
- Outstanding location and rare opportunity to own 12 acres of prime development land
- Located off Highway 29 across from Charlotte Motor Speedway (NC’s largest sports venue), next to zMax Dragway, and just minutes from Concord Mills Shopping Mall.
- Shopping, restaurants and entertainment nearby
- Convenient to NC Hwy 29, NC Hwy 49, I-85, I-485 and I-77 with great access to and from Charlotte and surrounding areas
- Parcel ID: 55090002880000
- Zoned I-1 Industrial with many possible uses
- Approximately 500’ of frontage along Highway 29
TERMS AND CONDITIONS
Address: 4560 Concord Pkwy S, Concord, NC 28027
Auction Sale Date: Wednesday June 29th, 2022 at 12:00PM
Public is welcome to participate and bid at this Auction Sale.
· At the Auction Sale, the winning bidder will be required to place a 10% deposit based on the purchase price of the property with American Heritage Auctioneers as Escrow Agent.
· At the conclusion of the sale, the Auctioneer will confirm the bid. Once the bid is confirmed, the buyer will sign the Bid Acknowledgement and the Contract for Sale and Purchase and present the Earnest Money Deposit. Personal checks will be accepted.
· The balance will be due at closing within 45 days from sale date (August 19, 2022)
· The seller will pay for and will provide a Title Insurance Policy.
· The Seller will convey a General Warranty Deed. The Seller will pay for the documentary stamps. All prorations will be as of the day before closing.
· A 10% Buyer premium will be added to the bid to create the purchase price.
· For online bidding, see attached “Electronic Bidder's Agreement" and visit our website for registration. Must send require Earnest Money Deposit to Broker prior to approval for online bidding.
