30 +/- acres in the city limits of Centre, Alabama being offered in 12 tracts ranging from 0.50 +/- acres to 10 +/- acres.
The property is ideally located to medical offices including Atrium Health Floyd Cherokee Medical Center that is less than two minutes away. It is less than 3/4 of a mile to Cherokee County High School and 1.2 miles to Gadsden State Community College Cherokee Campus. Public boat launch on beautiful WEISS LAKE is 3.5 miles away. Downtown Centre is only 5 minutes away.
This property is cleared and ready for development of residential properties. All public utilities are available including sewer.
After the 30 +/- acres we will offer a great 100' x 300' Commercial Lot with frontage on Plaza Drive and King Street in Centre, Alabama. This lot has all utilities available and is nears Jack's Restaurant. The lot is vacant and flat and ready to build on.
Property location: The corner of Northwood Drive and Cedar Bluff Road in Centre, Alabama. Property will sell from Sand Valley Watersports located at
3527 Cedar Bluff Rd, Centre, AL 35960.
Directions to property: From Centre, at the intersection of Chesnut Bypass and Cedar Bluff Road (HWY 9) at CVS take Cedar Bluff Road toward Cedar Bluff to the second red light. Property is on the corner of Northwood Drive and Cedar Bluff Road.
Preview: Preview property at any time.
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 offer choice of Tracts 1, 2, and 3, by the dollar. Second, we will offer the property back as a whole Tracts 1-3, by the dollar. To bid as a whole, a 5% increase will be added to the initial bid.
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 May 5, 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.
