Commercially zoned land in the Phoenix area is to be placed on the auction block next month courtesy of John Dixon Associates auction company based out of Marietta, GA. The plots had been seized by the Federal Deposit Insurance Corp. during recent bank closures and will be excellent for businesses looking to develop retail, office and other commercial structures. Dixon stated, "these properties, like a lot of others, just got caught in the wrong place when the economic downturn hit, but this auction will place them back into the private sector where they can provide opportunities for businesses." The auction is to be held at 10am on October 11th at the Hilton Suites (10 E. Thomas Rd. in Phoenix).
For more information on this ad from AZCentral.com, follow the link: http://www.azcentral.com/business/realestate/articles/2011/09/21/20110921arizona-seized-lands-placed-auction-block.html#ixzz1Yntv6oJd
This is interesting seems like a good opportunity.
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