Commercial Auction Listings » Nevada Commercial Real Estate Auctions

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

cflynn — Tue, 28 Jun 2011 18:25:21 +0000

Good news! The online auction for a bank-owned, +/-23,000 square foot mixed-use building has been extended until August 4th. Despite today’s challenging Las Vegas real estate market, FRE.com’s online auction marketplace has generated a significant amount of interested parties who have requested more time to perform their due diligence. Though all documentation is conveniently posted on the every auction webpage, bidders and real estate professionals alike have asked for more time to assess the property value before they name their price at auction.

All bids can be submitted online until the bid deadline of August 4th at 5:00 pm PDT, but this property is sure to go quick with a minimum bid of just $1,200,000 so investors better move quick! To view all of the auction details, documents, photos and auction information, check out the auction profile page at FRE.com.

Here’s a quick property video for you to check out as well:

Bank Ordered Auction from LFC on Vimeo.

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

cflynn — Fri, 20 May 2011 00:09:46 +0000

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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Another LFC Property Moved to Online Bidding!

cflynn — Tue, 15 Dec 2009 22:14:48 +0000

Our LFC auction in Reno, Nevada is picking up steam, and the seller has decided to move 5 of the 7 properties into our open online bidding format. The Bid Deadline also extended into Wednesday, December 16th, at 5:00 PM PST as the auction continues .

Generally, auctions open in a Sealed Bid format. much like what one would find at a silent auction. Then, as market demand increases, the seller has the option to move the auction into the open bid format, allowing everyone to view the bid history and current high bids. Here are some properties that were recently moved to open bidding on our commercial real estate auction site, LFC.com:

-Online Bidding Status-

Current High Bid: LFC # 805-1: $159,000 (click here to view details)
Current High Bid: LFC # 805-2: $165,000 (click here to view details)
Current High Bid: LFC # 805-3: $187,500 (click here to view details)
Current High Bid: LFC # 805-4: $161,600 (click here to view details)
Current High Bid: LFC # 805-6: $102,500 (click here to view details)

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About this author: Casey Flynn is the Communications Manager for the LFC Group of Companies. He also coauthors on ResidentialRealEstateAuctions.com and RealEstateNoteAuctions.com

LAST CALL® Extends Bidding Agian

cflynn — Tue, 08 Dec 2009 19:26:16 +0000

After receiving another bid on a property for the Whispering Pines auction of six homesites and development land in Reno, NV, the Bid Deadline was extended until today at 5:00 PM PST.

This extension of the Bid Deadline allows interested bidders a final opportunity to place offers on homesites within the luxury community of Caughlin Ranch.

Two properties have been moved from Sealed Bidding into an Online Bidding format, similar to what one might find at eBay.com. Now the highest bids are visible to the public on the auction event web page.

Go to LFC.com to check out which of these properties will sell in this online real estate auction.

Whispering Pines Auction Moves into LAST CALL®!

cflynn — Sat, 05 Dec 2009 00:53:46 +0000

The online auction for luxury homesites in the Whispering Pines neighborhood of Reno, Nevada’s Caughlin Ranch has been extended until Monday, 12/7/2009 @ 5:00 PM PST.

As multiple bidders fiercely competed for this property, the seller chose to invoke LAST CALL®, our patent-pending process that extends the bid deadline until no more bids are received, giving everyone a fair chance to submit new bids before the auction ends.

The new bid deadlines for the six luxury homesites and development land have been set for Monday evening. Head over to LFC.comtoday to check out the exciting conclusion to these auctions.

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About this author: Casey Flynn is the Communications Manager for the LFC Group of Companies. He also coauthors on ResidentialRealEstateAuctions.com and RealEstateNoteAuctions.com