Longview Fab Building and 5.5+/- acres

Lot Number:1
Completed
Start Time:9/6/2021 4:00:00 PM
End Time:9/24/2021 4:34:26 PM
Bid Count:502
Starting Bid:$1,000.00
Bid Increment:$1,000.00
Current Bid:$1,102,000.00
Bidding complete
Watching:0

A 12% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.

57 FRJ Drive, Longview, TX 75602

Formerly known as Longview Fab & Machine, Inc.

Auction ends Friday, September 24th at 11am

Auction is ONLINE ONLY

Property to be sold in 2 Parcels


Equipment selling at auction Thursday, September 23

visit PMI-Auction.com for more info


Parcel 1: Multi Use Facility

– 18,000 sf building

– 2 bridge cranes

– 26′ under hook

– 34′ eave height

– 480/3 phase

– 5.5+/- acres

Parcel 2: Approx. 3.3+/- acres

Vacant land adjacent to Parcel 1

There are no bids for the lot at this time

No donations for this lot

57 FRJ Drive, Longview, TX 75602

Formerly known as Longview Fab & Machine, Inc.

Auction ends Friday, September 24th at 11am

Auction is ONLINE ONLY

Property to be sold in 2 Parcels


Equipment selling at auction Thursday, September 23

visit PMI-Auction.com for more info


Parcel 1: Multi Use Facility

– 18,000 sf building

– 2 bridge cranes

– 26′ under hook

– 34′ eave height

– 480/3 phase

– 5.5+/- acres

Parcel 2: Approx. 3.3+/- acres

Vacant land adjacent to Parcel 1

  1. 12% Buyer’s Premium added to the winning bid price to determine total contract price.
  2. No minimum bid, final bid subject to seller’s confirmation.
  3. Auction is ONLINE ONLY.
  4. Extended online close: If a bid is placed in the last 5 minutes, the auction will automatically extend an additional 5 minutes.
  5. Current price listed on MLS or other websites is not deemed a selling price. Many websites will not allow auction only listings.
  6. Cooperating broker participation is offered. Contact the auction company to register your client and receive the terms.  Real estate agent MUST register client prior to client’s first bid.
  7. Closing & payment: High bidder (purchaser) must remit 10% non-refundable payment of the total contract price on auction day to Auction Escrow & Settlement. Balance to be paid at closing within 30 days. Purchaser must sign a non-contingency contract to close within 30 days of the auction date. Seller maintains the right to extend closing an additional 30 days.
  8. Seller/owner/creditor reserves the right directly or through directing the auctioneer to recover equity and/or liquidate debt by placings bids on their behalf up to or equal to a level necessary to guarantee clear title with no tax issues, liens or encumbrances.
  9. Disclaimer: Acreage and square footage dimensions are based on information provided by seller and are believed to be correct; however, purchaser &/or purchaser’s agent/broker shall bear responsibility to confirm all calculations prior to the sale. Not available to residents of any state in which this real estate is not in compliance with the real estate laws of that state. All information provided or contained in a brochure was derived from sources believed to be correct but are not guaranteed.

Contact us for more info – logan@auctionsection.com – 713.702.3666

 

57 FRJ DR
Longview, Texas 75602
United States