Improved Mixed-Use Land for Sale in Warrior, Alabama

AUCTION. The posted price is not the asking price, the current bid price or the reserve price. We are required to submit a "Fair Market Value" price of this property. The Owner (Bank) is looking for cash offers which is why they are going to Auction. Place your bids! Pearce Properties and Auction Marketing, Inc has been retained by an Alabama Bank to sell a foreclosed property that they now own at public auction. This former Church & School is selling along with all of its furnishings, furniture, fixtures, sanctuary chairs and tables, office furniture and equipment, school furniture, audio visual equipment, outdoor children's playground equipment and a complete fully furnished commercial kitchen with all equipment. The property is located 3 miles off I-65 at the Smoke Rise Exit in Warrior, Alabama. The property consists of 10 acres. One small parcel, 1 acre, more or less contains a mobile office unit. That parcel is residential and is a part of the subdivision and has HOA. That one small parcel will sell alone as residential. The other 9 acres will sell in its entirety with all of the Church and commercial building structures. The total square footage is 56,438 SQUARE FEET according to the recent survey (not guaranteed by the seller or the auctioneer). A professional appraisal was conducted by the bank in August 2027 at $3,725,000. The property sells AS IS including all fixtures and equipment. It can be used as a School, Church, Non Profit, Day Care or it can be repurposed into something commercial or residential. No restrictions according to the seller. Title will be free and clear with no liens. Auction Terms and Conditions are available at our website