BANKRUPTCY AUCTION - 1/3 ACRE DEVELOPMENT LOT Warrior, AL

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355 State Hwy 160
Warrior, AL 35180

Property #: TAA2411H

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Stephen Griffin, AARE
Tranzon Driggers

404-819-4230 sgriffin@tranzon.com

Bankruptcy Auction 1/3 Acre Development Lot

 
Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas
 
1/3 Acre Lot near the I-65 and Hwy 160 Interchange in Warrior, AL. All utilities appear to be available. Concrete paving throughout with (3) ingress/egress points. The property is only 25 miles north of Birmingham, AL.
 
DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!
 
  • Land Area Gross: .36 AC’s or 13,700 SF +|- of land.
  • Flood Zone Determination: OUT
  • Undeveloped land currently being used for U-Haul lot.
  • Concrete Parking Lot w/ (3) ingress/egress points
  • Unincorporated area with no Zoning restrictions
  • Topography: Generally, Level and at Street Grade
  • Utilities: All Utilities appear to be available
  • 137’ +|- Road Frontage on State Hwy 160
  • 86’ +|- Road Frontage on Smoke Rise Trail
  • AADT: 11,931+/- with 137’ +/- of frontage on HWY-160
  • Located just off of I-65 and 25+/- mi from Birmingham.
  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

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 Stephen Griffin, AARE

Stephen Griffin, AARE: Tranzon Driggers

404-819-4230 sgriffin@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 Listings may be withdrawn or modified without notice at anytime.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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