Newport Beach, CA – January 24, 2012 – (RealEstateRama) — From the outside 3081 Business Lane looks just like another industrial property for sale, but it is much more than that; it is a buyer’s opportunity to determine the price on a property that offers a unique live/work site in a prime Vegas location.
Featured on the leading online real estate auction marketplace, Freedom Realty Exchange (FRE.com), this +/- 9,500 square foot property is not a standard light industrial building, it boasts a stunning 2 bed / 2 bath manager’s quarters making it a rare live/work property that is walking distance from the CityCenter Las Vegas, as well as the major hotels and casinos along the Vegas Strip.
The property also has a redevelopment or investment appeal to some buyers because of its close proximity to the proposed station for the DesertXpress high-speed rail which will connect Californians to Las Vegas.
3081 Business Lane Highlights
• +/-9,500 SF building, zoned M-1 (Light Industrial) on a 0.47 acre corner lot
• Divided into a 4,800 SF warehouse and a 2,900 SF office suite with a 2 bed / 2 bath manager’s quarters
• Parking in the front with rolling garage doors leading to the warehouse and a fully fenced yard
“This property is already causing a huge buzz amongst a wide spectrum of buyers. I think most people know that auctions are not always a distressed property or seller, but sometimes a very motivated seller, as is the case in this auction”, states Director of Operations Ryan Devin. “The seller wants to sell the property; not chase the market, and feels that an online auction will bring him ready, willing and able buyers who will bid on his property, at a fair market value and ultimately end in a quick sale.”
The online nature of the auction delivers not only global exposure but the convenience of allowing buyers from anywhere in the US or internationally to participate in the auction because all bidding is conducted 100% online.
Interested buyers can conduct their due diligence by downloading property-specific documents from the auction website, www.FRE.com/116R4, as well as contact the Auction Manager to schedule a tour of the property. Broker participation is offered and bids are due March 1st.
The Freedom Realty Exchange®
The Freedom Realty Exchange is owned and managed by LFC Internet Marketing, Inc., a member of the LFC Group of Companies. For more than 30 years, the LFC Group of Companies has successfully auction marketed thousands of commercial, industrial, land and residential properties, with sales in excess of $5 billion; and for the last seven years, we have conducted real estate auctions exclusively online. We have successfully served numerous Fortune 500 companies, real estate developers, investors, financial institutions, government agencies and real estate brokerages, providing a complete suite of real estate disposition strategies and auction marketing programs for commercial and residential property and mortgage notes.