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Jul 14 Auction - 25 acre Between Sup Walmart & TSC
272 Emerson Bypass, Russellville, KY 42276
Last Verified 7/15/2009
Listing ID 16301670
Highlights
Auction : July 14th 2009
Lots of Road Frontage
Great Visibility from Bypass
Between New Super Walmart and Tractor Supply plaza
Flat !
Front is zoned commercial - Back Multifamily
Description
Foreclosure Auction July 14th, 2009 11am
Held by Logan County Master Commissioner in Russellville, KY.
Auction on Site.
Currently a mobile home park with a 1700 sf Laundromat/Office
25± acres zoned multifamily & commercial
ALSO BEING AUCTIONED: 38 MOBILE HOMES.
Mostly 1996-2003 models
16x80s down to 14x40s
See PDF Attachment: Photos of Mobile Homes
Homes will be auctioned individually, then auctioned as a group.
Whichever method (individually or group) brings the most money will prevail.
Mobile homes will NOT be grouped together with the land.
----------------
Possible options
Redevelop the land as apartments / motel / retail.
Buy some or all of the mobiles to generate rental income while you finalize plans.
Generate income from the Laundromat
Consolidate mobile home park to the back and develop the frontage.
Add on to the Laundromat to create a small strip center.
Replat and sell lots along the frontage.
(Property is also known as Logan Estates Lanes A, B, C, & D)
Property is between:
The new Super Walmart and 130,000 sq ft of shadow strip centers
and
The shopping plaza that includes Tractor Supply, Hibbets, Peebles and others.
Great visibility
Easy Build
Map of 272 Emerson Bypass, Russellville, KY 42276 (Logan County)
Created 7/1/2009
Additional Information for 272 Emerson Bypass Road, Russellville, KY 42276
- Active For Sale - 0 Listing
- Active For Lease - 0 Listing
- Previously Listed - 2 Historic Listings
- Sales Comparables Available - 0 RecentSales Record
View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.