Live Real Estate Auction - 805 SW 2ND St. Bentonville AR - 11/16/2023 @ 4:30 pm - Block Realty & Auction Management Group

Live Real Estate Auction - 805 SW 2ND St. Bentonville AR - 11/16/2023 @ 4:30 pm


Live Real Estate Auction @ 805 SW 2nd St. Bentonville AR 72712.  Sale will start at 4:30 PM.

Parcel # 01-04635-000

One of the hottest areas in the country Bentonville AR.  Come take a look at the great investment property.  Sitting just a few blocks West of the Bentonville square the property has tremendous potential.  This single family structure is approx 1568 sqft. on a slab, sitting on a .19 acre +/- lot.

Bentonville is a city located in the northwest corner of Arkansas and is known for being the corporate headquarters of Walmart Inc. Over the years, Bentonville has experienced significant growth and development, transforming it into a vibrant and dynamic city. Here are some key points about the area around 805 SW 2nd St:

805 SW 2nd St is situated in or near the downtown area of Bentonville. Downtown Bentonville has undergone substantial revitalization in recent years. It features a charming square with restaurants, shops, art galleries, and cultural attractions. The Crystal Bridges Museum of American Art, founded by the Walton family, is a prominent cultural institution in the area.

Business and Commerce: Given its association with Walmart, Bentonville is a hub for the retail industry. Many corporate offices and suppliers related to Walmart are located in the city. The presence of these businesses has contributed to economic growth in the region.

Residential Areas: Bentonville has a mix of residential neighborhoods, including historic homes, modern developments, and suburban communities. The city offers a range of housing options for residents.

Outdoor Activities: Bentonville and the surrounding area boast numerous opportunities for outdoor enthusiasts. The Ozark Mountains and nearby lakes provide options for hiking, biking, fishing, and other recreational activities.

Cultural Events: The city hosts various cultural events, including music festivals, art exhibitions, and community gatherings, making it a lively place to live or visit.

Education: Bentonville is served by the Bentonville School District, which includes several highly regarded public schools. The city's commitment to education is reflected in the quality of its educational institutions.

For more information about the auction give listing agent Larry W. Barnes a call at 479-633-3450 or Paul Colvin 479-790-5513

Broker Participation Available contact Listing agent Larry W. Barnes for details.

Property sold “As-is”. Buyer and/or buyer’s agent responsible for verifying all pertinent information deemed relevant by the prospective buyer, including but not limited to square footage, acreage, utilities, taxes, permitting, condition, school zones, HOAs, etc.”

This property is sold with a 10% Buyers Premium.  Which means if your high bid is $500,000.00 your contract will be written for $550,000.00

Following Terms Apply:

1.                Anyone who can meet the conditions of cash at closing with no contingency of the sale is eligible to bid and purchase the property.  This includes any and all Auctioneers, Real Estate Agents and Brokers, including family and friends of the Owner, Auctioneer, or Real Estate Broker.

2.                In all Real Estate Auctions conducted by AUCTION MANAGEMENT GROUP represents the Seller in the Real Estate transaction.

3.                Real Estate Auction participation is offered on the Internet to Absentee bidders.  The absentee bids may be presented live by a representative of AUCTION MANAGEMENT GROUP up to the Absentees bidder’s maximum bid.

4.                The successful bidder will be required, upon conclusion of the auction to immediately sign an Arkansas Real Estate Purchase Agreement outlining the specific terms and conditions of the sale.

5.                The successful bidder will be required, upon conclusion of the Auction, to immediately provide good funds / Earnest Money in the form of Cash, Cashiers Check, or Personal check for 10% of final contract price.  Check will be deposited immediately to the Auction Company Escrow.  Earnest Money is NON-REFUNDABLE if buyer fails to close for ANY reason including failure to obtain financing.

6.                This Real Estate Auctions is an Undisclosed Reserve Bid Auction as defined by the National Auctioneers Association.  The Seller will have the right to accept or decline the highest bid at the conclusion of the auction process.  The seller retains the right to have others bid on their behalf, up to and including the reserve amount.

7.                The closing date will not be later than 30 days from acceptance of the Real Estate Contract.  The balance of the purchase price is due in cash at closing.

8.                The buyer will pay all costs necessary to close the transaction except for real estate taxes as stated in the separate contract.  Seller to guarantee clear and marketable title.

9.                Property is sold AS-IS.  Seller shall furnish a general warranty deed conveying marketable title.

10.             All taxes and special assessments currently due plus any prorated portion used by seller will be paid by the seller or adjusted at closing.

11.             No warranties are expressed or implied by the Seller or AUCTION MANAGEMENT GROUP including its real estate Agents and Auctioneers regarding the property or its use, any improvements to regulations, laws, or ordinances.  buyer needs to satisfy self, PRIOR TO AUCTION, that property satisfies their requirements.

12.             The conduct of the auction and increments of bidding are at the discretion of the Auctioneer.  Any announcements made by the Auctioneer at the time of the sale take precedence over any previous notices.

13.             Property is auctioned as a Cash sale.  Buyers must have secured funds prior to bidding.  Seller provides no guarantee of Appraisal or Condition.

14.             Buyer must satisfy self of property condition PRIOR to Auction and bidding process.

15.             Buyer must also completely satisfy self of CONDITION and any boundaries, easements, restrictions, covenants, conditions, or restrictions prior to auction bidding process.