2825 N Mt. Juliet Rd | Mt. Juliet, Tennessee
*** SELLING AT AUCTION SEPTEMBER 26TH, 2026 @ 10 AM ***
2.33± Acres | Potential Commercial Opportunity | Prime Mt. Juliet Location | COURT-ORDERED REAL ESTATE AUCTION
An outstanding opportunity to purchase 2.33± acres in the heart of Mt. Juliet with approximately 128 feet of frontage on N Mt. Juliet Rd and more than 330 feet of depth. The property is currently zoned residential and includes an existing home. However, its location within the City of Mt. Juliet's Commercial Town Center District creates exciting potential for future commercial or redevelopment opportunities, subject to zoning approval and all applicable City of Mt. Juliet requirements. Utilities are located on site and/or available at the road.
PROPERTY HIGHLIGHTS
- 2.33± acres
- Approximately 128' of N Mt. Juliet Rd frontage
- More than 330' deep
- Existing residence on the property
- Utilities on site and/or available at the road
- Located in the heart of rapidly growing Mt. Juliet
- Currently zoned residential
- Located within the City's Commercial Town Center District
- Potential commercial, investment, or redevelopment opportunity, subject to applicable zoning and governmental approvals
COMMERCIAL TOWN CENTER DISTRICT
According to the City of Mt. Juliet's zoning information, the Commercial Town Center District is intended to accommodate a broad range of commercial activity, including retail and consumer services, restaurants and other eating and drinking establishments, entertainment uses, financial institutions, offices, community facilities, and other permitted uses. Mixed-use development may also be permitted through the City's planned unit development process. IMPORTANT: The property is currently zoned residential. No representation or guarantee is made by the Seller, Court, or Auctioneer that the property can be rezoned, developed, or used for any particular commercial purpose. Prospective bidders are responsible for independently verifying zoning, permitted uses, utilities, development requirements, and any other matters affecting their intended use of the property with the City of Mt. Juliet prior to bidding.
COURT-ORDERED SALE
This property is being sold pursuant to an order of the Chancery Court of Wilson County, Tennessee. The sale is subject to approval and confirmation by the Chancery Court. The successful high bidder will be required to execute the applicable purchase documents and comply with all terms of the court-ordered sale.
BUYER'S PREMIUM
A 10% Buyer's Premium will be added to the final high bid to determine the total contract purchase price. Example: A high bid of 500,000 plus the 10% Buyer's Premium(50,000) results in a total contract purchase price of $550,000.
DEPOSIT
The successful high bidder is required to tender a $25,000 deposit no later than two (2) business days following the close of the auction. The deposit will be applied toward the purchase price at closing and is subject to the complete Terms & Conditions of the auction.
AS-IS / WHERE-IS
The property is being sold AS-IS, WHERE-IS, with all faults. Prospective bidders are encouraged to inspect the property and complete all desired inspections, investigations, and due diligence prior to bidding. All information provided regarding acreage, dimensions, road frontage, utilities, zoning, improvements, and potential uses has been obtained from sources believed to be reliable but is not guaranteed. Bidders are responsible for independently verifying all information that may affect their decision to bid.
IMPORTANT BIDDING INFORMATION
This is a court-ordered real estate auction. The successful high bid is subject to confirmation and approval by the Chancery Court. Bidders should carefully review the complete Auction Terms & Conditions prior to registering and placing a bid. By bidding, each bidder acknowledges that they have reviewed, understand, and agree to be bound by those terms.
Announcements and updates made by the Auctioneer shall take precedence over previously published or distributed information.
QUESTIONS OR PROPERTY INFORMATION
Josh Kirby, Auctioneer
615-489-3266
Blackwell Realty & Auction
TERMS & CONDITIONS OF REAL ESTATE AUCTION
Property: 2825 N. Mount Juliet Road, Mount Juliet, TN 37122
Map/Parcel: 072/008.00
Court Approval
This real estate auction is contingent upon approval by the Chancery Court. The successful high bidder acknowledges and understands that the sale is subject to court approval and that completion of the transaction is dependent upon such approval. No representation or guarantee is made by Blackwell Realty & Auction as to the timing of the Court's approval.
Auction Format
The property will be offered at simulcast public auction, allowing bidders to participate in accordance with the advertised auction format and procedures. Blackwell Realty & Auction reserves the right to control bidding increments and conduct the auction at it’s discretion.
Buyer's Premium
A ten percent (10%) Buyer's Premium will be added to the successful high bid to determine the total contract purchase price. Example: A high bid of $500,000 plus the 10% Buyer's Premium of $50,000 results in a total contract purchase price of $550,000.
Deposit
The successful high bidder is required to tender a $25,000 deposit by wire transfer or other certified funds no later than two (2) business days following completion of the auction. The deposit will be credited toward the purchase price at closing. Failure of the successful bidder to timely tender the required deposit shall constitute a default by the Buyer.
Purchase Agreement
The successful high bidder will be required to execute the applicable real estate purchase agreement and any other documents reasonably required to complete the transaction. By placing a bid, the bidder acknowledges that a successful high bid creates an obligation to proceed with the purchase in accordance with these Terms & Conditions and the applicable purchase documents, subject to Chancery Court approval.
Closing & Possession
Closing is scheduled to occur no later than thirty (30) days following the auction, subject to the required Chancery Court approval. The balance of the purchase price and applicable closing costs shall be due at closing. Possession of the property will be delivered to the Buyer at closing with deed.
Title
Seller represents that good title to the real estate will be conveyed to the Buyer by General Warranty Deed. Buyers are encouraged to perform any desired title investigation as part of their due diligence prior to bidding.
As-Is / Where-Is Condition
The real estate and all improvements are being sold strictly AS-IS, WHERE-IS, WITH ALL FAULTS. Neither the Seller nor Blackwell Realty & Auction, nor any of their respective agents, employees, or representatives, makes any warranty or representation, expressed or implied, concerning the condition of the property or improvements. All bidders are responsible for examining and evaluating the property for their own protection prior to bidding. Bidders should not place a bid unless they are prepared to accept the property in its present condition.
Inspections & Due Diligence
All inspections, investigations, surveys, financing arrangements, zoning inquiries, utility investigations, and other due diligence desired by a prospective bidder should be completed prior to bidding. The sale is not contingent upon the Buyer's ability to obtain financing, appraisal, inspection results, zoning changes, development approvals, or any other contingency unless expressly provided otherwise in writing. By placing a bid, the bidder acknowledges that they have had the opportunity to inspect and investigate the property to their satisfaction.
Zoning & Potential Use
The property is currently zoned residential. Information indicating that the property lies within the City of Mt. Juliet's Commercial Town Center District is provided for informational and marketing purposes only. Neither Seller nor Blackwell Realty & Auction makes any representation or guarantee that the property may be rezoned, developed, redeveloped, or utilized for any particular commercial, residential, mixed-use, or other purpose. Prospective bidders are solely responsible for independently verifying current zoning, future land-use classifications, permitted uses, utilities, development requirements, road access, and any governmental approvals necessary for their intended use of the property prior to bidding.
Property Information & Accuracy
All information provided regarding the property, including but not limited to acreage, dimensions, road frontage, square footage, improvements, utilities, zoning, tax information, and property descriptions, has been obtained from sources believed to be reliable but is not guaranteed. Prospective bidders are encouraged to independently verify any information material to their decision to purchase. Blackwell Realty & Auction shall not be responsible for errors or omissions in property information.
Online Bidding
Online bidding is conducted through BidWrangler. Online bidders are subject to these Terms & Conditions as well as any applicable terms governing use of the BidWrangler platform. Blackwell Realty & Auction is not responsible for technical failures, internet connectivity issues, device failures, software problems, platform interruptions, delayed bids, or other technical circumstances that may prevent a bidder from participating in the auction. It is each bidder's responsibility to ensure that registration is complete and that the bidder has adequate internet access and equipment necessary to participate.
Default by Buyer
If the successful Buyer defaults after the earnest money deposit has been made and fails to complete the purchase, the deposit shall be handled in accordance with the auction contract and applicable purchase documents. The defaulting Buyer may also be responsible for any additional remedies available to the Seller or Auction Company under the applicable agreements or law.
Court Non-Approval
Because this auction is contingent upon Chancery Court approval, the successful high bid does not eliminate the requirement for such approval. If the Court does not approve the sale, the parties' obligations will be governed by the applicable court orders, purchase documents, and agreements relating to the transaction.
Pre-Auction Offers
Written offers received prior to the scheduled auction may be presented to the Seller. The Seller reserves the right to accept, reject, or negotiate a pre-auction offer. Unless otherwise agreed to in writing by the Seller and Blackwell Realty & Auction, any accepted pre-auction offer will be subject to the same applicable deadlines, Buyer's Premium, deposit requirements, closing schedule, and other provisions established for the public auction. Acceptance of a pre-auction offer may result in cancellation of the scheduled auction.
Broker Participation
Broker participation is offered subject to the requirements established by Blackwell Realty & Auction. Any cooperating real estate broker seeking compensation must properly register their buyer in accordance with the auction's broker-participation requirements prior to the applicable deadline.
Announcements & Updates
Any announcements, corrections, additions, or updates made by Blackwell Realty & Auction regarding the auction or property shall take precedence over previously printed, published, or distributed advertising or promotional information. Blackwell Realty & Auction reserves the right to control bidding increments and to conduct the auction in accordance with its established auction procedures.
Acceptance of Terms
Registration to bid and/or placement of a bid constitutes acknowledgment that the bidder has read, understands, and agrees to be bound by these Terms & Conditions. Prospective bidders are strongly encouraged to review all auction information, conduct all desired due diligence, and ask any questions before placing a bid.
Auction Contact
Josh Kirby, Auctioneer 615-489-3266
Shelby Clayborn, Auctioneer 615-464-7979
Blackwell Realty & Auction
