Commercial Auction Listings

This featured auction from the Freedom Realty Exchange is for the bank-ordered auction of a +/-31,848 SF retail center located along Tenth Street in downtown Alamogordo, NM. The building sits on just over 1.63 acres of land and has great exposure to the highly traveled Tenth Street corridor. It carries a C-3 Business zoning which allows for a variety of commercial uses. The property is partially occupied with some leases in place through 2014 on square footage from 770-5,000SF.

Given everyone’s hectic schedules during the holidays, the bid deadline was scheduled for February 9th at 5pm MST in order to allow all of the interested parties enough time to perform their due diligence. Though February 9th may seem far off, the clock is ticking and this property must sell. The bank has set an aggressive minimum bid of $350,000 so you better hurry so you don’t miss out on the opportunity to pick up an income producing property at a deeply discounted price.

Check out all of the online auction details, see more photos, and download all of the property documents at FRE.com.

One of the veteran Brokers who frequently auctions commercial property with the FRE.com Auction platform has brought the bank-owned Panama City Beach RV Resort in Florida. The auction is currently open for bidding and is scheduled to end on October 13th when the auction reaches its Bid Deadline at 5:00 PM EDT. All of the auction details, photos and documents such as title reports, revenue reports,  appraisals and more are posted on the auction webpage, but here is a brief overview of what this auction property has to offer.

The property consists of 5.33± Acres of level Seasonal Resort-Commercial zoned land improved with Sixty-Nine (69) RV Pad Sites. Of the Sixty-Nine (69) pad sites, fourteen (14) are ‘pull through’ sites which do not require the RV owner to back into the pad site. Additional improvements include an internal brick paved roadway, a two-story 5,528± SF common area building consisting of three condominium units, management office, laundry facility, fitness facility, and men’s and women’s restroom facilities. The site also contains a heated pool, as well as perimeter fencing with gated access. All utilities are underground and each site offers 50 and 30 amp electrical service along with water and sewer hookups.

The Seller has set an aggressive  Minimum Bid of just $1,799,000  and fast approaching Bid Deadline of October 13th in efforts to make this a date certain for sale. They have also made all of the due diligence materials available for download on the auction webpage so you should check out the online auction at FRE.com today.

Summer time is in full swing and it’s ‘California Dreaming’ for real estate investors looking to purchase REO property in Northern California. North Valley Bank has brought a portfolio containing a suggested value of nearly $13 million in multi-family lots, SFR lots, vacant land parcels, community development land, and office retail condos to online auction at www.FRE.com. Minimum bids can start as low as $125,000 and with properties located in Lake County, Nevada County, Siskiyou County, Sonoma County,  and Tehama County, you’ll be sure to find assets that fit your investment strategy.

Though the portfolio’s properties are located in various parts of northern California, the online auction represents multiple investment opportunities for builders, developers and real estate investors to conveniently purchase bank-owned property through a transparent, fair and open bidding platform. Each auction profile page contains all  of the essential due diligence materials so bidders can view all of property details, photos, auction documents, escrow information, and property specific documents from anywhere in the world.

Check out all of the auction properties at www.FRE.com before the bid deadline of August 11th at 5:00pm PDT.

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