BANKRUPTCY AUCTION FORMER TRUCK STOP Shreveport, LA

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1111 Market Street N
Shreveport, LA 71107

Property #: TAA2411C

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Kelly Toney, CAI
Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com
 

Bankruptcy Auction – Former Truck Stop

 
Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas.
 

Former Truck Stop which has been closed for over 3 years. The property has approx. 4,225 SF Building but the roof needs to be completely replaced and the building needs to be rewired. All electrical & HVAC has been stripped. The canopy is approx. 5,600 SF and has 6 lanes, however, all of the pumps have been vandalized or removed. The benefits of the property are there is tremendous traffic counts of over 23,000 vehicles/day on a 7-Lane Road. Of further note, MAKE SURE TO REVIEW THE AERIAL PHOTO. The entire property consists of 5 different parcels. We are ONLY selling 2 parcels, and the other 3 parcels are owned by other individuals. Be sure to know exactly the 2 parcels you are bidding on.

 
DOWNLOAD THE PROPERTY INFORMATION PACKAGE FOR MORE PROPERTY DETAILS!!!  
  • Land Area Gross: .86 AC’s or 37,476 SF +|- of land.
  • Flood Zone Determination: OUT
  • Improvements
    • 4,225 SF +|-
    • 5,600 SF +|- Canopy
  Refer to the title commitment for all current and delinquent Ad Valorem Taxes. Buyer is responsible for all closing costs, all 2024 taxes and all delinquent taxes which are approx. 9,917.98.
    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 Asset Advisors of Texas, LLC #9008058, Kelly D. Toney, LA Auctioneer #LA-2117

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Kelly Toney, CAI

Kelly Toney, CAI: Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 40-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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