Commercial Auction Listings » Georgia Commercial Real Estate

Two Master-Planned Communities Outside of Atlanta Hope to Boost Development with Online Auction

cflynn — Thu, 08 Dec 2011 22:31:12 +0000

In the suburbs about 25 miles outside of Atlanta sit two promising residential developments with an opportunity that many homebuilders, developers and real estate investors are finding difficult to ignore. The two groups of finished lots on the Freedom Realty Exchange (FRE.com) auction website are priced for a quick sale through a fair and competitive online bidding process.

As an alternative choice to a traditional real estate sale, online auctions can be particularly effective for sellers wanting to dispose of their property but are not willing to chase the market. An auction creates a trading platform that brings the buyer and seller together in such a way that fair market value is realized.

“Land can be a tough one to sell in this market, but when an investment opportunity such as this one comes around, it’s difficult for any investor to not get involved”, states LFC’s Director of Operations Ryan Devin. “This is the type of auction that most buyers are waiting for and the response has been overwhelmingly positive.”

This real estate auction features finished residential lots in the following communities:

Bear Creek subdivision in Douglasville offers 59 lots with an additional 268 acres of raw land for future development. This community presents plenty of development opportunity as Phase 1 and Phase 2 of the master-planned community have been developed and there is an existing golf course, although not currently in operation. Starting bid for this auction is $475,000.
West Village at St. Andrews in Winston features 33 fully developed lots with over half of the lots overlooking the golf course. St Andrews is a golf and country club outside of the Dog River Basin giving residents access to the 18-hole golf course, clubhouse, swimming pool and pool house, and the tennis courts. The minimum bid for this auction is $132,000, that’s only $4,000 per lot.

It’s evident by the minimum bids that the seller is very motivated to sell, and although the fair market value of the property today is unknown, buyers are given the ability to set the sale price by bidding and validating just what the market is willing to pay.

As with all of auctions on the Freedom Realty Exchange website, property research, due diligence and even bidding are conducted completely online, removing the inconvenience and unwanted pressure that comes with a traditional outcry auction. Interested buyers can access property documents and auction details by visiting FRE.com/114R3. Bids must be submitted by January 26th.

Upcoming Commercial Real Estate Auction Deadlines

cflynn — Thu, 18 Mar 2010 00:07:01 +0000

Our company has hit the ground running since the start of the new year and it’s hard to believe that the Bid Deadlines for several of our online auctions are almost here. The online auctions on LFC.com are span across the country from California toGeorgia. Don’t miss your chance to capitalize on an incredible investment opportunity. Here are a few of our commercial real estate auctions that will end in the next few weeks.

Bid Deadline for March 25th, 2010

BANK-OWNED! +/-53 acres of fully entitled land in Orland, California
+/-7.7 acres of commercially zoned M-1 land with a newly built commercial/retail complex in Weston, Wisconsin
+/-4 acres in Weston, Wisconsin

Bid Deadline for April 1st, 2010

+/-1.25 acres of commercial/retail development land in the heart of Brunswick, Georgia’s retail district
BANK-OWNED! +/-0.60 acre residential development parcel in Los Alamos, California
BANK-OWNED! Vacant R-3 parcel near the 101 Freeway in Paso Robles, California

Bid Deadline for April 8th, 2010

BANK-OWNED! +/-73 acres of lake front development land in Bemidji, Minnesota

Photo Credit: seier+seier+seier @Flickr.com

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Commercial Real Estate Auction in Brunswick, GA

cflynn — Wed, 24 Feb 2010 19:55:10 +0000

We’ve been super busy lately at LFC, and I wanted to catch you up on an online auction we have running for some prime commercial/retail property in the historic town of Brunswick, Georgia. Brunswick was established in 1771 and currently serves as one of the East Coast’s largest and most productive ports. Aside from its commercial industry, Brunswick is known for its high-end neighborhoods scattered across several small islands along the coast. The population is around 100,000 residents, and the city has a thriving tourism industry.

Over at LFC.com, we are auctioning a +/-1.25 acre property located just south of Glynn Place Mall along the Altama Connector Boulevard, a main artery to the city’s retail center. This property represents a great development opportunity. The minimum bid is only $199,000, a 75% decrease from the suggested value of $799,000.

I encourage you to visit the auction website, where we make it incredibly easy for you to perform your due diligence. On top of relevant property documents, the auction website contains several property photos, aerial shots, and parcel mapsto give you good sense of this high-traffic location. More importantly, the website also contains the details on how to place a bid.

The clock is ticking on this auction, which has a bid deadline of April 1st, 2010.

Photo by redhorse5.0 @ Flickr.com