Bankruptcy Auction - Two Development Lots Selling as One Parcel
Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas
Two lots to be sold together as one parcel totaling approx. 40,000 SF +|- in rural Vina, AL. The property will create a corner lot at the intersection of Cherry St and Pecan St. Property is located just off of Alabama Hwy 19.
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Description Property #1 – Cherry St, Vina, AL 35593
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Land Area Gross: .677 AC’s or 29,500 SF +|- of land
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Flood Zone Determination: OUT
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No Zoning Restrictions
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Topography: Generally, Level and at Street Grade
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Utilities: Utilities appear to be available
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125’ +|- Road Frontage on Pecan St
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200’ +|- Road Frontage on Cherry St
Description Property #2 – Pecan St, Vina, AL 35593
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Land Area Gross: 0.24 AC’s or 10,500 SF +|- of land
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Flood Zone Determination: OUT
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No Zoning Restrictions
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Topography: Generally, Level and at Street Grade
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Utilities: Utilities appear to be available
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75’ +|- Road Frontage on Pecan St
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Located 8± mi from Red Bay, AL, 15± mi from Belmont, MS & 40± mi from, Muscle Shoals, AL.
Refer to the title commitment for all current and delinquent Ad Valorem Taxes.
All properties are being sold subject to Bankruptcy Court Approval.
Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the U.S. Bankruptcy Court, the Southern District of Texas, Houston Division, Case No. 23-90147
Tranzon Driggers, Soldnow, LLC Jon K. Barber, Lic. Real Estate Broker, AL Lic. #98884-0 & 98882-0 and Auctioneer #5433 | 10% Buyer's Premium