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Marietta, GA - Development Site

140 Piedmont Road - Marietta, Georgia

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Why Buy This Property

Don't miss this opportunity to join retailers and residential builders who have developed along the Barrett Parkway - Piedmont Road thoroughfare and Bells Ferry Road intersection north of incorporated Marietta in unincorporated Cobb County.

LOCATION: Outstanding exposure and visibility to 45,000 VPD on the south side of Piedmont Road and the east side of Bells Ferry Road on a site that wraps around the CVS. The property is less than one mile east of the Interstate 575 and the Town Center shopping center retail hub including Macy's JC Penny, Regal Town Center. The Bells Ferry Elementary School is across Piedmont Road. The property is easily accessible from Piedmont Road (eastbound) and Bells Ferry Road from the north or south. 

Description

  • 4.5 Acres
  • Wraps around the CVS store at the southeast corner of Bells Ferry and Piedmont Roads
  • 45,000 VPD
  • Less than one mile east of the Interstate 575 and the Town Center shopping center retail hub including Macy's JC Penny, Regal Town Center
  • Outstanding exposure and visibility
  • Zoning - Cobb County GC - General Commercial 

Property Location

Auction / Date / Time

June 25, 2020 2:00 P.M. EDT

Property Video

Offering Strategy

MINIMUM BID: $200,000 or $44,444/Acre - This property will be sold subject to the Minimum Bid and the Terms of Sale. This is a sealed bid auction event. Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet and wire-transferred funds to the Title Company listed in the Purchase and Sale Contract advance of bidding. See Bidder's Information Packet for more details.

Inspection Dates

This is vacant land and is available for viewing at your convenience. Inspection of the properties is at your own risk. Seller nor seller's agent takes responsibility for any injury which may occur while inspecting the property. Please call 312-852-8523 Extension 101 if you have any questions.

Auction Location

Sealed Bid Auction- This is a sealed bid auction event. Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet is required to bid. Bidders are required to submit a wire-transferred auction deposit to the Title Company listed in the Purchase and Sale Contract and fill in and sign the auction Purchase and Sale Agreement in order to bid. See Bidder's Information Packet for more details.

Bids are to be delivered to Fine & Company LLC via email to info@fineandcompany.com or before 2:00 p.m. Local Time on June 25th. The bidding instructions are contained in Bidder's Information Packet. The Terms of Sale and the Purchase and Sale Contract are important for you to review and understand.  Should you have any questions, please contact Fine & Company at 312.278-0600 extension 101.

Bids received after the bid deadline will not be eligible for consideration and will be returned to the sender.

Details

Certified Funds To Bid : $20,000

Buyer's Premium (Buyer's Fee) : 10% of the bid price

In Cooperation With : AMC - Auction Management Corp.

Order Bidder's Information Packet

A Bidder's Information Packet is required to bid. The packet includes auction and property information, title report, environmental report, survey, real estate tax bill, local information, auction purchase and sale agreement, and terms of sale.



Bidder's Information Packets are available in PDF format for $20.00. To order your Packet click on the link below and download the Bidder's Information Packet Order Form or call us at 312-852-8523 ext. 101 or email us at <a href="mailto:info@fineand

Other Information

Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee will be paid to the REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.

Licensing : Michael A. Fine - Georgia Broker #596212, Renee Y Jones License Georgia Licensee #456493

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet. 

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.