23,000SF Mixed-Use Building in Online REO Auction

Posted by rbennett on May 19, 2011
Nevada Commercial Real Estate Auctions / No Comments

While the news that another bank-owned property has been brought to auction in Las Vegas, NV is not likely to turn many heads, this auction of a 23,000 SF, mixed-use property is being conducted entirely online at FRE.com.

The online platform is a unique, transparent, and easy way for interested buyers to due their research before placing a bid on an incredible investment property. All of the essential due diligence materials are posted on the auction website but, the part that REALLY makes the online auction a superior marketplace for buying real estate is the property’s $1,800,000 Minimum Bid starts at a fraction of it’s $3,580,000 Suggested  Value!

Here are some of the Sunshine Center’s property highlights of the  located at 1405 E Sunset Rd., Las Vegas, NV, but you should check out the auction website for all of the details, documents, and photos:

  • ±23,000SF mixed-use building
  • Adjacent to McCarran International Airport
  • Recently built, 2009, with a current tenant
  • Two floors and underground parking
  • Numerous possibilities for divisibility/build-out; general offices, medical space, retail, etc.

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Former Church Auction in Avondale, AZ

Posted by rbennett on April 26, 2011
Arizona Commercial Real Estate Auctions / No Comments

Listed with the RE/MAX Commercial Division, this Never Lose a Listing® Auction property is for an as-is former church facility in a residential community in the West Valley Phoenix metro area. Avondale is located east along Interstate 10 and just a short distance from the cities of Glendale, Phoenix, and Scottsdale making this property a great investment opportunity.

With approval from City of Avondale, the property’s potential uses may include an assisted living facility or multi-family development if the original use of a church is not desired. The 4,895 SF facility is zoned R-6 and built on 3 combined  residential lots totaling 19,511 SF. It’s of block construction is comprised of a large auditorium, multiple classrooms, kitchen, two restrooms, office, large multi-purpose room with according partitions.

What’s more, the minimum bid for this property is only $32,000! You’d better move quick if you want to get involved in the auction because the bid deadline is set for Thursday May 19th at 5:00 pm MST. Check out all of the auction details, property documents and all of the photos at www.FRE.com/3127.

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Online Auciton for a Bank-Owned Historic Estate

Posted by rbennett on March 29, 2011
California Commercial Buildings For Sale, California Commercial Real Estate Auctions, Never Lose a Listing / No Comments

A Colliers International Sales Associate has brought a bank-owned historical estate out to Online Auction by utilizing the Never Lose a Listing® Program at www.FRE.com/1093-1. This property operates as a vineyard and event center, hosting events which range from weddings and receptions, to business and social lunches and dinners, as well as offering a tasting room.

The property owner is highly motivated to sell and has set an aggressive Minimum Bid and Bid Deadline, making the auction a great opportunity to pick up this asset at a fraction of the previous list price. 

For more information please visit the auction webpage, www.FRE.com/1093-1. Below is some general information regarding the auction:

FRE.com Online Auction

Sunol, CA 94586

Minimum Bid: $1,950,000

Bid Deadline: Apr 21, 2011 5:00pm PDT

A Historic 8.54+ acre estate nestled in the beautiful Sunol Canyon. The estate is located less than an hour from San Francisco and only 20 minutes from the Silicon Valley.

For more details, please visit:

www.FRE.com/1093-1

Colliers Parrish.com

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Online Auction for a Heavy Industrial Facility

Posted by rbennett on March 29, 2011
Florida Commercial Buildings for Sale, Florida Commercial Real Estate Auction / No Comments

Located near Rotonda, this former truss plant is completely fenced and sits on +/-5 acres with multiple structures in Placida, Florida. The property currently has two pole barns totaling +/-16,000 SF, a +/- 1,800 SF modular office ready for use, as well as other smaller structures. This facility was previously used as a truss manufacturing center and is conveniently located across Charlotte Harbor approximately 50 miles from Fort Myers and Cape Coral. The entire property is fenced and the IG (General Industrial) zoning allows for multiple industrial uses.

The property owner is highly motivated to sell and has set an aggressive Minimum Bid of $399,000 and Bid Deadline of April 14th. To view all of the property documentation and auction information, please visit the auction webpage, www.FRE.com/101L1.


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Last Day to Bid on 6500SF Building in Southern California

Posted by rbennett on February 10, 2011
California Commercial Real Estate Auctions / No Comments

The Online Auction for a 6,500 square foot vacant building in Victorville, CA will reach its Bid Deadline today at 5:00pm. Formally a Cask ‘n Cleaver Steakhouse, this property has freeway frontage and incredible  visibility along the California Interstate 15.  With a highly motivated seller and a property location that sees over 90,000 commuters everyday, you’ve got to check out all of the property details on this auction.

For all of the due diligence materials, property photos and auction specifics, view the auction profile page at LFC.com.

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2 Weeks Left in Bank-Owned Auction Portfolio

Posted by rbennett on February 08, 2011
Florida Commercial Real Estate Auction, Wisconsin Commercial Real Estate Auctions / No Comments

There’s less than two weeks left in the online auction of over 30 bank-owned properties throughout Wisconsin and Florida so you better act quick! This portfolio is comprised of a variety of investment opportunities such as office condo units, office buildings, marina slips. What’s more, there are hundreds of acres of development land with zoning ranging from commercial, residential, agricultural farmland to multifamily land.

The Bid Deadline is coming up on February 24th and these properties must sell. Check out the auction event and find all of your due diligence materials before placing your online bid at LFC.com.

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Dozens of On-going Online Auctions on LFC.com

Posted by rbennett on December 10, 2010
California Commercial Real Estate Auctions, Florida Commercial Real Estate Auction, Industrial/Warehouse Online Auction, Oklahoma Commercial Real Estate Auctions, West Virgina Commercial Real Estate Auctions, Wisconsin Commercial Real Estate Auctions / No Comments

The end of the year is always the busiest time for us, and this year has proved to be no exception. There are currently dozens of online auctions going on on LFC.com, including:

  • Two contiguous ±12 acre parcels of vacant land in San Jose, California.
  • A ±35,900 SF warehouse/industrial facility with a gravel yard, open floor plan and two private offices on ±8.44 acres in Oklahoma City, Oklahoma.
  • A ±5,500 SF vacant office building in the College Park neighborhood of Orlando, Florida.
  • A ±3 acre property in Williamstown, West Virginia consisting of two warehouses and a freestanding office building.
  • Highlands Village, a proposed 79-lot residential subdivision in the popular northern California vacation destination of Clearlake.
  • A diverse bank-owned land portfolio consisting of five sites throughout Wisconsin, ranging from improved condominium land in West Bend to ±103 acres of vacant land in Trenton.

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New Auction for Commercial Development Land in San Jose

Posted by rbennett on November 24, 2010
California Commercial Real Estate Auctions / No Comments

LFC recently launched a new online auction campaign for some highly desirable commercial development land in San Jose. The auction features two contiguous ±12 acre parcels of vacant land located at the intersection of Yerba Buena Road and Verona Road in the eastern part of San Jose’s Evergreen district. Both properties are zoned Campus Industrial and are bordered on the south by the U.S. headquarters of Hitachi Global Storage.

The two parcels are being sold separately. One parcel measures ±12.2 acres and has a minimum bid of $999,000. The abutting parcel, with ±12.13 acres, has a minimum bid of $899,000. Both minimum bids are nearly 80 percent less than the previous listing prices.

For more details on the properties and the auction, visit LFC.com/804L1. The bid deadline is February 3, 2011.

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Prime Bank-Owned Development Land Available in Online Auction

Posted by rbennett on November 19, 2010
California Commercial Real Estate Auctions, Nevada Commercial Real Estate Auctions / No Comments

There’s a new campaign on LFC.com for some very desirable bank-owned development land. There are a total of seven properties for auction, including large land parcels in central California and Nevada.

The auction features:

  • A ±40 acre residential land parcel in northern Sacramento, part of a large master-planned development called The Panhandle, has a minimum bid of just $295,000.
  • ±960 acres of vacant land mapped for 676 residential units within the proposed Mortensen Ranch master-planned development in west Reno, Nevada. This property has a low minimum bid of just $995,000.
  • Two separate land parcels near downtown Clovis, a suburb of Fresno, one totaling ±8 acres, the other comprised of ±18 acres. The smaller property has a minimum bid of $125,000. The larger parcel, which is zoned for multi-family residential development, has a minimum bid of $350,000.
  • Three adjacent vacant residential land parcels, ranging in size from ±18 acres to ±20 acres, near downtown Yucca Valley, in San Bernardino County. The properties are being sold separately, and have minimum bids between $12,500 and $15,000.

Click here to visit the auction webpage.

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New Online Auction for Bank-Owned Development Land in Wisconsin

Posted by rbennett on November 12, 2010
Wisconsin Commercial Real Estate Auctions / No Comments

LFC.com is hosting a new online auction for several bank-owned properties in Wisconsin. The properties primarily consist of vacant residential and commercial development land, offered at some impressive discounts.

This auction includes:

  • A ±57.57 acre parcel of vacant land along Northview Road near Waukesha, WI, with preliminary approvals for  a 51-lot residential subdivision.
  • ±72.54 acres of vacant land in Germantown, WI.
  • ±49.23 acres of vacant residential development land in North Prairie, WI.
  • A ±21.8 acre residential land parcel in Franklin, WI.

Click here for more information on the property and the auction. The bid deadline is December 16, 2010.

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