Real Estate Terms:
PROPERTY INSPECTION: We recommend that you preview the property. The property is being sold �AS-IS, WHERE-IS and WITH ALL FAULTS�, without any warranties expressed, implied, or guarantees of any kind or accuracy to information. All information concerning the auction sale was derived from sources believed to be correct, but not guaranteed. Buyer shall rely on his/her own information, judgment and inspection of the property and records. Agent or Seller makes no warranty as to square footage, acreage or age. All announcements made at the auction take precedence over all other advertising and/or any type and/or kind of material. Title to be conveyed subject to all prior restrictions, easements, conditions, encumbrances, condemnation, right-of-ways, joint permanent easements, covenants or restrictions of record, zoning ordinances or laws of any governmental authority, status of mineral rights, status of oil and gas rights, any type of leases or assignments, taxes of any type, properties located in FEMA Flood Zones, and other matters recorded or unrecorded, known or unknown. Mobile Homes are sold WITHOUT TITLE. By bidding, the Buyer is agreeing that they have had the opportunity to inspect the property prior to bidding and have inspected the property and all appurtenances thereto and are agreeing that they will sign the sales contract and other required documents within 12 hours of being provided said documents for signing.
TERMS: The successful high bidder on this property will be required to sign the Specific Performance Real Estate Contract immediately upon conclusion of the bidding and will make an Earnest Money deposit of Ten Percent (10%) of the bid. A THREE PERCENT (3%) Buyer�s Premium will be added to the high bid to establish the total sales price. The balance is to be paid in full at the closing. The contract will NOT be contingent upon financing. If property is applicable, Tennessee Residential Property Exemption and Lead-Based Paint Disclosure Waiver will be a part of the sales contract. Buyer is purchasing with any remaining personal property conveying with the property to the Buyer.
SALE IS SUBJECT TO KNOX COUNTY COMMISSION APPROVAL.
Pursuant to Resolution R-07-1-903 passed by the Commission of Knox County, Tennessee, bidders hereby acknowledge by submission of their bid or proposal that they are current in their respective Federal, State, County, and City taxes of whatever kind or nature and are not delinquent in any way. Bidders delinquent on any taxes, or who have been delinquent within the last 5 years, of whatever kind are not eligible and risk debarment from future sales. Bids from bidders who are found to be delinquent will not be considered. In no event shall Knox County or Powell Auction & Realty be liable for any indirect, incidental, consequential, special or exemplary damages or lost profits, even if Knox County has been advised of the possibility of such damages. If a purchaser fails to close on a property, they forfeit their full earnest money deposit and Buyer�s Premium and may be banned from future Knox County auctions.
TAXES: REAL ESTATE TAXES START AT CLOSING FOR THE BUYER.
CONDUCT OF THE AUCTION: Conduct of the auction and increments of bidding are at the discretion of the Auctioneer. The Auctioneer�s decision is final in the event of a dispute over any matter. The Auctioneer reserves the right to accept bids in any increments he deems to be in the best interest of his client, and reserves the right to waive any previously announced requirements. Bid rigging and bid suppression schemes are violations of the Sherman Antitrust Act and are deemed illegal and punishable as a federal felony.
CLOSING: QUIT CLAIM DEED closing will take place within 30 DAYS AFTER KNOX COUNTY COMMISSION APPROVAL. Buyer will be advised as to the day and location of closing. Seller to furnish a QUIT CLAIM DEED only. Buyer is responsible for recording and must record the Deed.
EXCLUSIVE CLOSING AGENT: Knox County Law Director�s Office � City County Building � 400 W Main Street, Suite 612 � Knoxville, TN 37902 � 865-215-5790
POSSESSION: Possession of the property will be delivered upon closing, subject to rights of tenants/previous owners in possession.
GOVERNING LAW; VENUE: This agreement shall be exclusively construed, governed, and controlled by the Laws of the State of Tennessee without regard to principles of law, including conflicts of law, of any other jurisdiction, territory, country, and/or province. Any dispute arising out of or relating to this agreement shall exclusively be brought in the Chancery Court or the Circuit Court of Knox County, Tennessee. Each party consents to personal jurisdiction thereto and waives any defenses base on personal jurisdiction, venue and inconvenient forum.
AGENCY DISCLOSURE: Powell Auction & Realty LLC, a Tennessee Real Estate and Auction Company, and its auctioneer(s) and employee(s) are representing the Seller(s) as the Seller(s)� Agent(s).
The contract will not be contingent upon financing, inspections or any other contingencies.
Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**
Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.
New Bidders, please Pre-Register, we will have to approve you to Bid!

Over 12,000 SF Commercial Building | 1028 Old Cedar Bluff Road � Knoxville, TN 37923 BID LIVE OR ONLINE � COMMERCIAL REAL ESTATE AUCTION � SOLD ON BEHALF OF KNOX COUNTY GOVERNMENT Prime West Knoxville Commercial Building with Exceptional Visibility & Versatility BID LIVE OR ONLINE: Wednesday, July 30th at 12:00PM � Noon (ET) OPEN HOUSE: Monday, July 28th from 2:00-4:00PM (ET) SUBSTANTIAL COMMERCIAL OPPORTUNITY This impressive office complex offers over 12,000 square feet of versatile commercial space plus a 2,864 square foot unfinished basement, all situated on a prime 2.20+/- acre lot with approximately 323 feet of road frontage on Old Cedar Bluff Road�a heavily trafficked thoroughfare connecting Cedar Bluff Road and Middlebrook Pike in Knox County. STRATEGIC KNOXVILLE LOCATION Positioned in the heart of the Knoxville Tennessee Metropolitan Statistical Area, this property benefits from exceptional accessibility minutes from I-40. Two major interstates (I-40 & I-75) converge in Knoxville making it an ideal location. The Knoxville MSA boasted a 2020 population of 880,225 with projections to exceed 900,000 by 2025, ensuring a robust market for commercial services. ESTABLISHED COMMERCIAL PEDIGREE Originally constructed circa 1962 with a substantial newer addition, this facility previously housed Knox County Government offices including the Trustee, County Clerk, and Health Department�demonstrating its capacity to accommodate high-traffic, professional operations. FLEXIBLE MULTI-SUITE CONFIGURATION Zoned OA � Office Park District, the building is strategically divided into three separate office spaces/suites, offering exceptional flexibility for single or multi-tenant occupancy. PREMIUM BUILDING FEATURES Simplex fire system Natural gas service Cummins automatic generator system for a portion of the building Elevator service on west side (main level to basement) Abundant parking surrounding the building 2,864 SF unfinished basement for additional storage IDEAL FOR MULTIPLE INDUSTRIES This versatile complex is perfectly suited for a multitude of uses including, but not limited to: Medical and dental practices Professional services (legal, accounting, consulting) Multi-tenant office complex Corporate headquarters Educational or training facilities Exceptional opportunity to acquire a turn-key professional complex with proven government-grade infrastructure in one of Knox County�s most accessible locations. UPPER LEVEL WEST SIDE (~5,179 SF) Executive Office Complex Elevator access connecting to basement level Oversized lobby area for impressive client reception Two full bathrooms Break room with sink Seven offices (two equipped with sinks for specialized use) Storage closet, utility room with mop sink, and mechanical closet Door connection to east side for integrated operations if desired LOWER LEVEL WEST SIDE (~5,179 SF) Medical/Professional Services Ready Elevator access for accessibility compliance Large reception/lobby area Four total bathrooms for high-capacity operations Front payment office/filing room Large break room with sink Seven exam rooms with sinks (easily convertible to offices) Private office with adjoining bathroom Conference room with dual sinks and temporary divider wall for flexible meeting space Multiple storage and utility areas EAST SIDE SUITE (~1,665 SF) Professional Entry-Level Operations Three exterior entrance/exit doors for excellent accessibility Large open lobby area for client reception Office with payment window for transaction-based services Break room/kitchen for staff convenience Three standard offices plus one executive office with en-suite bathroom and walk-in shower Dedicated storage room and electrical/mechanical room Knox County Parcel / Tax ID: 105 078 Lot Size: 2.20 +/- acres Year Built: 1962