ONLINE Bidding Only Auction. Closes Thursday, August 8, 2024 at 7 PM.
Commercial Building in Scottsboro, AL (Teresa's Trend Setters)  · 23402 John T Reid Pkwy (Hwy 72) · Scottsboro, AL 35768
Jackson County Parcel #2709320003008002 

Real Estate: A 10% Buyer's Premium will be added to the highest bid to arrive at the final purchase price. A non-refundable deposit of 20% (escrow money) of the total purchase price is required within 24 hours of the auction's closing. The remaining balance shall be paid at closing, which must occur within thirty (30) days of auction date. All closing and settlement fees, including but not limited to surveys, inspections, reports, title insurance, any/all ad valor em taxes due are the Buyer's responsibility.

A Horton Auction representative will contact the winning bidder the morning following the auction's end to arrange a meeting time/place to sign the contract and secure the non-refundable 20% deposit.

NOTE: The real property will be conveyed by deed description.

If for any reason the Buyer fails to make full payment in accordance with the terms above, the Buyer will be liable for the unpaid balance still due and owing, plus interest in the amount of twelve percent (12%) per annum from the auction date and reasonable attorney fees and expenses for collection as a result of said default.

SERVER, SOFTWARE TECHNICAL OR INTERNET ISSUES: In the event there are technical difficulties related to the server, software, or any other online auction-related technologies, reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR HORTON AUCTION & REAL ESTATE SERVICE, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Horton Auction & Real Estate Service, Inc.

Disclaimers & Absence of Warranties:
* Home may contain lead-based paint. Prospective Buyers may inspect ten (10) days prior to auction day at the sole expense of the prospective Buyer.
* Information contained herein believed to be accurate but not guaranteed by Horton Auction & Real Estate Service, Inc.
* In all transactions, the Auctioneers are acting as agents for the Seller only.
* Property will be sold 'AS IS, WHERE IS' with no guarantees, expressed or implied, by Horton Auction & Real Estate Service, Inc.
* All decisions of the Auctioneers are final.

Horton Auction & Real Estate Service, Inc. reserves the right to reject any and all bids for any reason prior to the close of bidding.

Horton Auction & Real Estate Service, Inc. reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding.

Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Horton Auction & Real Estate Service, Inc. will reject the registration, and bidding activity will be terminated. The Seller and Horton Auction & Real Estate Service, Inc. reserve the right to preclude any person from bidding if there is any question as to the person's credentials, mental fitness, etc.

Bidder responsibilities include, but are not limited to: Bidders agree to keep his/her username and password confidential as each individual is responsible for ANY and ALL activity involving his/her account. If your USER NAME is offensive to Horton Auction & Real Estate Service, Inc., then we reserve the right to terminate your bidding.

When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. Auction company employees and/or auction company may bid on this auction. We gather aggregate information from this web site which may include but is not limited to: number of page visitors, most visited pages, any and all correspondence.

DEFAULT: If purchases are not settled by the specified closing/pick up day, it will be considered in default. Upon default the bidder will be black listed/blocked from bidding on Horton Auction & Real Estate Service, Inc.'s auctions, as well as MarkNet Alliance auctions and may be charged 10% of bid price or $500, whichever is greater. All defaulted items may be offered to the next highest qualified bidder at the discretion of Horton Auction & Real Estate Service, Inc.

Any dispute between Horton Auction & Real Estate Service, Inc., its Agents or Representatives, and the Buyer(s) will be tried in a court of jurisdiction in Madison County, Alabama (or county designated by Horton Auction). By bidding on the property, buyer agrees to all terms and conditions set forth.

Buyer and or Bidder agrees to hold harmless and indemnify Horton Auction & Real Estate Service, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.

Conducted By
Horton Auction & Real Estate Service, Inc.
(256) 536-7497 · www.hortonauctions.com

ONLINE ONLY AUCTION CLOSING THURSDAY, AUGUST 8 · 7 PM

COMMERCIAL BUILDING with 1666± Sq. Ft. ON 0.46-ACRE± LOT
23402 John T Reid Pkwy (Hwy 72) · Scottsboro, AL (Jackson County)
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BUSINESS OPPORTUNITY

Check out the many possibilities that this property has for your Business, Office, Clinic or Salon. This building was formally Teresa's Trend Setters, but the possibilities for this prime location are endless. This is a nice, well maintained brick building that is located in the heart of Scottsboro. Perfect location for any startup business. Easy access off of Hwy 72 via the service road. Convenient to Starbucks, Publix, Redstone Federal Credit Union, Medical Plaza and More. 

 For more information about this property or to schedule a private viewing, please call Jim Stringer at (256)599-6538 or 256-536-7497

Commercial Building located at 23402 John T Reid Pkwy, Scottsboro, AL
· Well Maintained Brick Building
· (2) Bathrooms
· 0.46± Acre Lot with Commercial Building with 1,666± Sq. Ft. 
· Accessible Entrance
· Paved Parking Lot 
· Reception Area, Kitchen Area (Breakroom), Storage Room
· Possibilities are Endless 

Parcel # 2709320003008002

Directions:  Located right off of John T. Reid Pkwy (Hwy 72) in Scottsboro. 
Watch for Horton Auction signs!

AUCTION NOTES

· This is an ONLINE auction only.
· A 10% Buyer's Premium will be added to the highest bid price to arrive at the final purchase price.
· A 20% deposit (escrow money) of the total purchase price will be retained within 24 hours of auction with balance due on or before 30 days.
· Property will be conveyed by deed descriptions.
· 2024 Taxes will be pro-rated.
· No Broker Participation will be available for this auction.

THIS AUCTION FEATURES AN AUTO BID EXTEND: When a bid is placed in the final 5 minutes of bidding, the auction bidding will be automatically extended 5 minutes from the time the bid was placed (i.e., if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend to 6:04). The auto extend feature remains active until no further bids are received within a 5-minute time frame. 

   
NOTE:  It is very IMPORTANT that every Bidder read and understand the terms & conditions BEFORE bidding (either online or LIVE).  Each Bidder is solely responsible for inspecting this property BEFORE bidding (property is sold AS IS, WHERE IS).

We strongly encourage all bidders to inspect/ask questions regarding this potential purchase.

This auction will be conducted by Horton Auction & Real Estate Service, Inc.
Jim Stringer, ALSL5418
Daniel Culps, Broker, CAI; ALSL5070, TNSL5890
8719-A Highway 53 · Toney, AL  35773
(256) 536-7497 · www.hortonauctions.com