Bank Ordered Real Estate Auction
Thursday, September 11th at 12 Noon
7 Acres of Commercial Property - Conducted On Site
5959 W. Andrew Johnson Hwy (Morristown)
7 Acres of Commercial Property - Conducted On Site
Selling to the Highest Bidder --- No Minimum * No Reserve
5959 W. Andrew Johnson Hwy (Morristown)
7 Acres Offered in Tracts or Whole
Fronting Andrew Johnson Hwy, Highway 11E, Walter Hyder Drive
and AirPort Bouleveard, State Route 160

Property Subdivided in 6 Tracts Zoned IB & R2
City of Morristown Utilites
Traffic Count 21-25K Average Daily Count - Andrew Johnson
Traffic Count - 13K Average Daily Count on Airport Blvd
:Call Office to Inspect Real Estate 865-938-3403
Special Note & Buyer's Premium Fee: A buyer's premium of 10% will be added to the final bid amount on each property sold at this auction.
The bid amount plus the buyer's premium equals the final purchase price.  Properties may be withdrawn without notice.
Buyer will be required to put 10% of contract price down. The down payment may be in form of a personal or business check or cash. This
is a cash sale and is not contingent on the buyer's ability to obtain financing.
Closing: All properties must be closed on or before 30 days after the auction Seller makes no warranties or representations, expressed or
implied, written or oral, with respect to the state of title of any of the properties, the title company, or of the correctness or completeness of
the information contained in the commitment for title insurance. Seller shall pay all current ad valorem taxes and condo fees assessed against
the property up to the date of closing.
Powell Auction & Realty
6729 Pleasant Ridge Rd. • Knoxville, TN 37921 • www.powellauction.com
865.938.3403 • TN Lic. #F735/TAL #1360.
CLICK HERE FOR SURVEY
Title Commitment, Restrictions and Easement

Zoning IB

Zoning R2