AUCTION NOTES
ATTENTION INDUSTRIAL AND COMMERCIAL LAND BUYERS
The Sandman has been a nationwide leader in the custom painting and powder coating business for over 40 years. The company is shutting its door to pursue other business interests that have spring boarded off this thriving Little Rock staple industry started by RC Coburn. These properties have several applications and lots of lay down room as well as room to grow. Buildings have concrete pads and are wired for 3-phase power.
Real Property Description
Property 1: +/-5.14 Acres with a 16,000 SF (80’X200’) Fully Insulated Warehouse with (6) Very Large Electric Roll-Up Doors, Built in 2013, and 12,510 SF (114’X110’) Warehouse 1152 SF (18’X64’) Office with 2 Nice Bathrooms and a Kitchen/Food Prep Area
Property 2: +/-4.91 Acres and 15,200 SF (80’X190’) Warehouse with a Small Portion of Office Space, Built in 2013
Property 3: +/-3.91 Acres and 7,500 SF (60’X120’ + 20’X15’) Warehouse
Property 4: +/-8.36 Acres, Potential Add-On Land for Properties 1, 3 and or 6, Mostly Timber
Property 5: +/-3.72 Acres, Mostly Timber and Must be bought with Property 4 or 6 because it is Land Locked
Property 6: +/-4.54 Acres, Mostly Timber, Has Frontage on Vinson Road
Property 7: +/-5.27 Acres, Some Timber, Has Frontage on Vinson Road
Property 8: +/-1.81 Acres, Potential Add-On Land for Properties 6, 7 or 1
Terms for the Real Estate Auction:
Must Have Proof of Availability of Funds to Register
10% Buyer’s Premium added to bidder’s final purchase price
Closing in 30 Days.Earnest Money in The Amount of 10% Down Added to each Property Purchased, and Must Be in the Form of a Cashier’s Check Made Out to Thomas Blackmon Realty and is Due Day of the Auction
No Contingencies
No Exceptions Will Be Made
Announcements Made Day of the Sale Take Precedence Over Printed Material
