McElroy Property 05.17.25

LIVE ON-SITE AUCTION with online bidding available!
  •   Apr 17 @ 10:00am CDT (Start)
  •   May 17 @ 10:00am CDT (End)
  •   Add to Calendar
20 ± Acre PRIME Development Opportunity

Prime 20 ± Acre Development Opportunity with Great US HWY 411 Frontage.

This highly visible property offers exceptional development potential with frontage on both US Hwy 411. Located just one minute from Walmart, shopping centers, restaurants, and service stations, it provides outstanding accessibility in a high-traffic area.

The property will be available in tracts, combinations, or as a whole, offering flexibility to meet your development needs.

Don’t miss this rare opportunity in a prime location!

Auction Site: On location at 2208 West Main Street, Centre, Alabama. 

Directions: From Centre take US Hwy 411 S toward Leesburg, property is 0.30 mi past red light at Walmart on the right. (Next to Kerr's Redi Mix)

From Leesburg take US Hwy 411 N toward Centre, property is 2.6 mi on the left. (Next to Kerr's Redi Mix)

Previews:  You may preview the real estate at any time.

Registration: Registration will begin at 8 AM on sale day. All interested persons must register to bid prior to bidding.

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 June 17, 2025. This sale is not contingent on a potential buyer’s ability to obtain financing.

There is a 10% buyer’s premium on all personal property items. All applicable sale taxes will be charged unless buyer has Tax Exempt status. All personal property items are to be PAID in FULL on the day of auction and prior to removal. 

​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. 11% is the total, not in addition to the 10%.

All properties are being sold "AS IS" without any warranties, guarantees, or promises. 

Survey: A new survey will be performed on this property. The purchaser will be responsible for the survey fee on the day of the auction. Survey fees will be posted once complete.

Forms of Payment: Cash, Check, and Wire Transfer ($15 fee for wire transfer). All Credit/Debit Cards (Visa, Master Card, Discover, & American Express) are accepted with a 4% fee for in person or online purchases.

Free food and live music by Double Portion!

​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.