Real Estate Auction
Tuesday, August 11th at 5:00PM
Registration Begins at 4:30PM
11 Mullens Terrace
Chapmanville, WV
Prime Interstate Commercial Development Opportunity
Subject 1 – 32.65± Acres with Existing Residence
Exceptional Commercial Development Potential Along US Route 119
32.65± acres positioned immediately adjacent to highly traveled US Route 119
Outstanding visibility and accessibility for future commercial development
Ideal location for a shopping center, restaurants, drive-thru concepts, convenience store, hotel, office complex, medical facilities, self-storage, townhomes, or mixed-use development
Large tract provides flexibility for phased development or multiple commercial users
Existing 1,232± sq ft two-story brick home with basement
3 Bedrooms | 1.5 Bathrooms
Existing residence could serve as rental income, office space, or be removed for redevelopment
Basement has known water intrusion
Rare opportunity to secure a sizeable commercial tract in a rapidly developing corridor
District 1, Map 1, Parcel 179 & District 2, Map 119, Parcel 1
Subject 2 – 15.33± Acres
Strategically Located Commercial & Investment Tract
15.33± acres bordering the US Route 119 corridor
Excellent long-term investment opportunity in a growing commercial area
Convenient access from adjoining roadway while benefiting from proximity to one of the region's busiest transportation corridors
Suitable for commercial, industrial, storage, contractor facilities, warehousing, or future development
Ample acreage provides room for expansion and a variety of potential site layouts
Excellent opportunity for investors seeking land in the path of future growth
Strong visibility to passing traffic enhances future development potential
District 1, Map 10, Parcels 1 & 3
Subject 3 – Combined Offering
47.98± Acres of Prime Development Land
Purchase both tracts together for nearly 48± contiguous acres
Outstanding opportunity for large-scale commercial or mixed-use development
Ideal for retail centers, restaurants, hotels, multifamily housing, business parks, distribution facilities, or corporate campuses
Flexibility to develop in phases or utilize the property for multiple commercial uses
Excellent interstate corridor location with exceptional exposure and accessibility
Rare opportunity to acquire nearly 50 acres in one of the area's most desirable commercial growth corridors.
10% buyer’s premium. 60 days to close. Please read full terms and conditions before bidding.
REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction (or within 24 hours for online bidders) with balance due at closing. Cash, check, & wire transfer accepted. Credit cards will not be accepted for the down payment. REAL ESTATE PURCHASE AGREEMENT WILL BE SENT TO THE EMAIL ON FILE FOR ELECTRONIC SIGNATURE FOLLOWING THE CLOSE OF THE AUCTION AND MUST BE SIGNED IMMEDIATELY. No financing contingencies will be entered into the contract. Any required inspections must be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied.
Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted. 60 days given to close. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price. Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents. No exceptions. Real estate sold subject to owner confirmation unless otherwise noted. Auction company reserves the right to bid on behalf of the seller in an auction with reserve.
AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer/Agent and is an agent for the seller only.
DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information 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.
Any references to acreage, unless otherwise noted, are derived from public record and are not warranted. Buyers are responsible for conducting their own research prior to bidding.
BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.
We don't just list your property - WE SELL IT!
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
Joe R. Pyle, Broker
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
www.joerpyleauctions.com
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