Commercial Office - Birmingham Alabama
Listing ID#: 174204

Auction Location

Hoover, AL 35242
Auction Dates and TimesSALE IS COMPLETED
Wednesday Dec 4, 2019 Completed
Tuesday Dec 17, 2019 Completed
Auction Type
 Live Auction with Online Bidding  VIEW ONLINE CATALOG
VIRTUAL PROPERTY TOUR
Company Information
BCK Auctions / Knox Realty

Contact: Bryan Knox
Phone: 205-285-8888
Email: info@bckauctions.com
Website: www.bckauctions.net

GoToAuction.com ID#: 2249
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Listing Terms and Conditions
Real Estate Auction Tues., December 17 @ 12Noon(CST) 200 Missionary Ridge Drive Hoover, AL 35242 Tax Appraised @ $7.1MM ~ Minimum Opening Bid $900,000 Buy Now Price: $1.95MM PROPERTY DESCRIPTION: 64,000+/- SF 4-Story Office Building built in 1983 on 10+/- acres. $1.7MM Interior renovation was completed in 2014. Building features a combination of open floor-plan areas; meeting/conference rooms on each floor; private offices, large training room; canteen area on the lower level that opens to a covered patio area; 2 elevators; free-standing 1,600 SF storage/warehouse building; shipping/receiving area on ground level with dock height and grade level access; A total of 305 surface parking spaces, yielding an above market parking ratio of 4.76/1,000 SF; three 3rd floor exterior terraces provide stunning views. Subject is strategically located in Unincorporated Shelby County (NO City of Birmingham occupational taxes and NO municipal property taxes) with the highest concentration of amenities within a 1 mile radius of any location in the greater Birmingham area. Shelby County Parcel ID 01-9-31-0-001-048-000; Lot 2 according to the Survey of The Meadows Business Center First Sector, as recorded in Map Book 8, Page 115 A and B, in the Probate Office of Shelby County, Alabama. INSPECTION TOURS: December 10th & 16th 12:00pm to 4:00pm(CST) both days. BASIC TERMS: Property sells AS-IS with no contingencies for financing, inspection or otherwise. All desired inspections must be conducted prior to auction. 10% Buyer’s Premium in effect. Buyer shall be responsible for ALL closing costs. NOTE: The terms outlined here represent a basic summary of the terms of sale. For the complete terms, prospective bidders must review the entire Real Estate Auction Sales Contract. Document is included in the comprehensive Due Diligence Package which can be obtained by executing the Confidentiality Agreement. BUY-NOW TERMS: Buy Now purchase shall be subject to all terms of auction and executed on same Real Estate Auction Sales Contract. Buy-Now contract must be completed with required deposit in place no less than 48 hours prior to auction. Buy-Now option shall be removed if bid level reaches 80% ($1.56MM) of Buy-Now price. DEPOSIT AND CLOSING: Successful bidder(s) will be required to place a non-refundable deposit equal to 10% of the total contract price immediately at the conclusion of auction. Close on or before January 17, 2019 through The Title Group Incorporated serving as Closing Agent. Realtor Participation: 1% Co-op fee available to licensed Broker representing a properly registered successful bidder who closes on the transaction. Contact Auctioneer for complete terms & requirements.
Listing Information
Real Estate Auction
Tues., December 17 @ 12Noon(CST)
200 Missionary Ridge Drive
Hoover, AL 35242
Tax Appraised @ $7.1MM ~ Minimum Opening Bid $900,000 
Buy Now Price: $1.95MM
PROPERTY DESCRIPTION: 64,000+/- SF 4-Story Office Building built in 1983 on 10+/- acres. $1.7MM Interior renovation was completed in 2014. Building features a combination of open floor-plan areas; meeting/conference rooms on each floor; private offices, large training room; canteen area on the lower level that opens to a covered patio area; 2 elevators; free-standing 1,600 SF storage/warehouse building; shipping/receiving area on ground level with dock height and grade level access; A total of 305 surface parking spaces, yielding an above market parking ratio of 4.76/1,000 SF; three 3rd floor exterior terraces provide stunning views. Subject is strategically located in Unincorporated Shelby County (NO City of Birmingham occupational taxes and NO municipal property taxes) with the highest concentration of amenities within a 1 mile radius of any location in the greater Birmingham area. Shelby County Parcel ID 01-9-31-0-001-048-000; Lot 2 according to the Survey of The Meadows Business Center First Sector, as recorded in Map Book 8, Page 115 A and B, in the Probate Office of Shelby County, Alabama. 
INSPECTION TOURS: December 10th & 16th 12:00pm to 4:00pm(CST) both days.
 
BASIC TERMS: Property sells AS-IS with no contingencies for financing, inspection or otherwise. All desired inspections must be conducted prior to auction. 10% Buyer’s Premium in effect. Buyer shall be responsible for ALL closing costs. NOTE: The terms outlined here represent a basic summary of the terms of sale. For the complete terms, prospective bidders must review the entire Real Estate Auction Sales Contract. Document is included in the comprehensive Due Diligence Package which can be obtained by executing the Confidentiality Agreement. 
 
BUY-NOW TERMS: Buy Now purchase shall be subject to all terms of auction and executed on same Real Estate Auction Sales Contract. Buy-Now contract must be completed with required deposit in place no less than 48 hours prior to auction. Buy-Now option shall be removed if bid level reaches 80% ($1.56MM) of Buy-Now price.
 
DEPOSIT AND CLOSING: Successful bidder(s) will be required to place a non-refundable deposit equal to 10% of the total contract price immediately at the conclusion of auction. Close on or before January 17, 2019 through The Title Group Incorporated serving as Closing Agent.

 

Realtor Participation: 1% Co-op fee available to licensed Broker representing a properly registered successful bidder who closes on the transaction. Contact Auctioneer for complete terms & requirements.

Auction License: 1587
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Commercial Office - Birmingham Alabama

BCK Auctions / Knox Realty

BCK Auctions / Knox Realty


Contact: Bryan Knox
Phone: 205-285-8888
Sale Location
200 Missionary Ridge
Hoover, AL 35242
Sale Dates and Times
Wednesday Dec 4, 2019 Completed
Tuesday Dec 17, 2019 Completed
Sale Terms and Conditions
Real Estate Auction Tues., December 17 @ 12Noon(CST) 200 Missionary Ridge Drive Hoover, AL 35242 Tax Appraised @ $7.1MM ~ Minimum Opening Bid $900,000 Buy Now Price: $1.95MM PROPERTY DESCRIPTION: 64,000+/- SF 4-Story Office Building built in 1983 on 10+/- acres. $1.7MM Interior renovation was completed in 2014. Building features a combination of open floor-plan areas; meeting/conference rooms on each floor; private offices, large training room; canteen area on the lower level that opens to a covered patio area; 2 elevators; free-standing 1,600 SF storage/warehouse building; shipping/receiving area on ground level with dock height and grade level access; A total of 305 surface parking spaces, yielding an above market parking ratio of 4.76/1,000 SF; three 3rd floor exterior terraces provide stunning views. Subject is strategically located in Unincorporated Shelby County (NO City of Birmingham occupational taxes and NO municipal property taxes) with the highest concentration of amenities within a 1 mile radius of any location in the greater Birmingham area. Shelby County Parcel ID 01-9-31-0-001-048-000; Lot 2 according to the Survey of The Meadows Business Center First Sector, as recorded in Map Book 8, Page 115 A and B, in the Probate Office of Shelby County, Alabama. INSPECTION TOURS: December 10th & 16th 12:00pm to 4:00pm(CST) both days. BASIC TERMS: Property sells AS-IS with no contingencies for financing, inspection or otherwise. All desired inspections must be conducted prior to auction. 10% Buyer’s Premium in effect. Buyer shall be responsible for ALL closing costs. NOTE: The terms outlined here represent a basic summary of the terms of sale. For the complete terms, prospective bidders must review the entire Real Estate Auction Sales Contract. Document is included in the comprehensive Due Diligence Package which can be obtained by executing the Confidentiality Agreement. BUY-NOW TERMS: Buy Now purchase shall be subject to all terms of auction and executed on same Real Estate Auction Sales Contract. Buy-Now contract must be completed with required deposit in place no less than 48 hours prior to auction. Buy-Now option shall be removed if bid level reaches 80% ($1.56MM) of Buy-Now price. DEPOSIT AND CLOSING: Successful bidder(s) will be required to place a non-refundable deposit equal to 10% of the total contract price immediately at the conclusion of auction. Close on or before January 17, 2019 through The Title Group Incorporated serving as Closing Agent. Realtor Participation: 1% Co-op fee available to licensed Broker representing a properly registered successful bidder who closes on the transaction. Contact Auctioneer for complete terms & requirements.
Listing Details
Real Estate Auction
Tues., December 17 @ 12Noon(CST)
200 Missionary Ridge Drive
Hoover, AL 35242
Tax Appraised @ $7.1MM ~ Minimum Opening Bid $900,000 
Buy Now Price: $1.95MM
PROPERTY DESCRIPTION: 64,000+/- SF 4-Story Office Building built in 1983 on 10+/- acres. $1.7MM Interior renovation was completed in 2014. Building features a combination of open floor-plan areas; meeting/conference rooms on each floor; private offices, large training room; canteen area on the lower level that opens to a covered patio area; 2 elevators; free-standing 1,600 SF storage/warehouse building; shipping/receiving area on ground level with dock height and grade level access; A total of 305 surface parking spaces, yielding an above market parking ratio of 4.76/1,000 SF; three 3rd floor exterior terraces provide stunning views. Subject is strategically located in Unincorporated Shelby County (NO City of Birmingham occupational taxes and NO municipal property taxes) with the highest concentration of amenities within a 1 mile radius of any location in the greater Birmingham area. Shelby County Parcel ID 01-9-31-0-001-048-000; Lot 2 according to the Survey of The Meadows Business Center First Sector, as recorded in Map Book 8, Page 115 A and B, in the Probate Office of Shelby County, Alabama. 
INSPECTION TOURS: December 10th & 16th 12:00pm to 4:00pm(CST) both days.
 
BASIC TERMS: Property sells AS-IS with no contingencies for financing, inspection or otherwise. All desired inspections must be conducted prior to auction. 10% Buyer’s Premium in effect. Buyer shall be responsible for ALL closing costs. NOTE: The terms outlined here represent a basic summary of the terms of sale. For the complete terms, prospective bidders must review the entire Real Estate Auction Sales Contract. Document is included in the comprehensive Due Diligence Package which can be obtained by executing the Confidentiality Agreement. 
 
BUY-NOW TERMS: Buy Now purchase shall be subject to all terms of auction and executed on same Real Estate Auction Sales Contract. Buy-Now contract must be completed with required deposit in place no less than 48 hours prior to auction. Buy-Now option shall be removed if bid level reaches 80% ($1.56MM) of Buy-Now price.
 
DEPOSIT AND CLOSING: Successful bidder(s) will be required to place a non-refundable deposit equal to 10% of the total contract price immediately at the conclusion of auction. Close on or before January 17, 2019 through The Title Group Incorporated serving as Closing Agent.

 

Realtor Participation: 1% Co-op fee available to licensed Broker representing a properly registered successful bidder who closes on the transaction. Contact Auctioneer for complete terms & requirements.
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Commercial Office - Birmingham Alabama
 Live Auction w/Online Bidding
Auction Date(s)
Wednesday Dec 4, 2019 Completed
Tuesday Dec 17, 2019 Completed
Auction Location

Hoover, AL 35242
Company
BCK Auctions / Knox Realty

Contact: Bryan Knox
Phone: 205-285-8888
Website: www.bckauctions.net

Listing Terms and Conditions
Real Estate Auction Tues., December 17 @ 12Noon(CST) 200 Missionary Ridge Drive Hoover, AL 35242 Tax Appraised @ $7.1MM ~ Minimum Opening Bid $900,000 Buy Now Price: $1.95MM PROPERTY DESCRIPTION: 64,000+/- SF 4-Story Office Building built in 1983 on 10+/- acres. $1.7MM Interior renovation was completed in 2014. Building features a combination of open floor-plan areas; meeting/conference rooms on each floor; private offices, large training room; canteen area on the lower level that opens to a covered patio area; 2 elevators; free-standing 1,600 SF storage/warehouse building; shipping/receiving area on ground level with dock height and grade level access; A total of 305 surface parking spaces, yielding an above market parking ratio of 4.76/1,000 SF; three 3rd floor exterior terraces provide stunning views. Subject is strategically located in Unincorporated Shelby County (NO City of Birmingham occupational taxes and NO municipal property taxes) with the highest concentration of amenities within a 1 mile radius of any location in the greater Birmingham area. Shelby County Parcel ID 01-9-31-0-001-048-000; Lot 2 according to the Survey of The Meadows Business Center First Sector, as recorded in Map Book 8, Page 115 A and B, in the Probate Office of Shelby County, Alabama. INSPECTION TOURS: December 10th & 16th 12:00pm to 4:00pm(CST) both days. BASIC TERMS: Property sells AS-IS with no contingencies for financing, inspection or otherwise. All desired inspections must be conducted prior to auction. 10% Buyer’s Premium in effect. Buyer shall be responsible for ALL closing costs. NOTE: The terms outlined here represent a basic summary of the terms of sale. For the complete terms, prospective bidders must review the entire Real Estate Auction Sales Contract. Document is included in the comprehensive Due Diligence Package which can be obtained by executing the Confidentiality Agreement. BUY-NOW TERMS: Buy Now purchase shall be subject to all terms of auction and executed on same Real Estate Auction Sales Contract. Buy-Now contract must be completed with required deposit in place no less than 48 hours prior to auction. Buy-Now option shall be removed if bid level reaches 80% ($1.56MM) of Buy-Now price. DEPOSIT AND CLOSING: Successful bidder(s) will be required to place a non-refundable deposit equal to 10% of the total contract price immediately at the conclusion of auction. Close on or before January 17, 2019 through The Title Group Incorporated serving as Closing Agent. Realtor Participation: 1% Co-op fee available to licensed Broker representing a properly registered successful bidder who closes on the transaction. Contact Auctioneer for complete terms & requirements.
Real Estate Auction
Tues., December 17 @ 12Noon(CST)
200 Missionary Ridge Drive
Hoover, AL 35242
Tax Appraised @ $7.1MM ~ Minimum Opening Bid $900,000 
Buy Now Price: $1.95MM
PROPERTY DESCRIPTION: 64,000+/- SF 4-Story Office Building built in 1983 on 10+/- acres. $1.7MM Interior renovation was completed in 2014. Building features a combination of open floor-plan areas; meeting/conference rooms on each floor; private offices, large training room; canteen area on the lower level that opens to a covered patio area; 2 elevators; free-standing 1,600 SF storage/warehouse building; shipping/receiving area on ground level with dock height and grade level access; A total of 305 surface parking spaces, yielding an above market parking ratio of 4.76/1,000 SF; three 3rd floor exterior terraces provide stunning views. Subject is strategically located in Unincorporated Shelby County (NO City of Birmingham occupational taxes and NO municipal property taxes) with the highest concentration of amenities within a 1 mile radius of any location in the greater Birmingham area. Shelby County Parcel ID 01-9-31-0-001-048-000; Lot 2 according to the Survey of The Meadows Business Center First Sector, as recorded in Map Book 8, Page 115 A and B, in the Probate Office of Shelby County, Alabama. 
INSPECTION TOURS: December 10th & 16th 12:00pm to 4:00pm(CST) both days.
 
BASIC TERMS: Property sells AS-IS with no contingencies for financing, inspection or otherwise. All desired inspections must be conducted prior to auction. 10% Buyer’s Premium in effect. Buyer shall be responsible for ALL closing costs. NOTE: The terms outlined here represent a basic summary of the terms of sale. For the complete terms, prospective bidders must review the entire Real Estate Auction Sales Contract. Document is included in the comprehensive Due Diligence Package which can be obtained by executing the Confidentiality Agreement. 
 
BUY-NOW TERMS: Buy Now purchase shall be subject to all terms of auction and executed on same Real Estate Auction Sales Contract. Buy-Now contract must be completed with required deposit in place no less than 48 hours prior to auction. Buy-Now option shall be removed if bid level reaches 80% ($1.56MM) of Buy-Now price.
 
DEPOSIT AND CLOSING: Successful bidder(s) will be required to place a non-refundable deposit equal to 10% of the total contract price immediately at the conclusion of auction. Close on or before January 17, 2019 through The Title Group Incorporated serving as Closing Agent.

 

Realtor Participation: 1% Co-op fee available to licensed Broker representing a properly registered successful bidder who closes on the transaction. Contact Auctioneer for complete terms & requirements.