Land for Sale - W 5th Street, Benton, KY, & Old Mayfield Highway, Benton, KY 42025 - 23.0 acres

23 ACRES IN TRACTS BY WALMART IN BENTON KY ABSOLUTE REAL ESTATE AUCTION

W 5th Street, Benton, KY, & Old Mayfield Highway, Benton, KY | Lat/Lng:  36.8664, -88.3517

Auction
23 ac.
08/25/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

ABSOLUTE REAL ESTATE AUCTION Tuesday, September 29th @ 10:00 AM Auction Location: Marshall County UK Extension Office 23 ACRES IN 4 TRACTS • BENTON, KENTUCKY PRIME REAL ESTATE ADJOINING WALMART RESIDENTUAL LOT ON MAYFIELD HWY SELLING ABSOLUTE — REGARDLESS OF PRICE! A tremendous opportunity to purchase four tracts of well-located Benton, Kentucky real estate, including three tracts adjoining or in the immediate Walmart area plus a separate residential Mayfield Highway lot. Whether you're looking for commercial development potential, investment property, additional acreage, or a smaller tract in a convenient location, this auction offers an outstanding opportunity. TRACT 1 — 0.58 ACRE • ADJOINING WALMART 0.58 surveyed acre adjoining the Walmart property and situated immediately south of Tract 1. The same boundary survey separately identifies this tract as 0.58 acre, with the Walmart property shown directly along its eastern side. Don't overlook the possibilities of a smaller tract in a strong commercial location. This property offers an opportunity for investors, developers, adjoining owners, and business interests looking to secure additional real estate near one of Benton's major retail destinations. TRACT 2 — 2.76 ACRES • ADJOINING WALMART 2.76 surveyed acres situated immediately adjacent to Walmart in Benton. The July 31, 2026 boundary survey identifies this tract as 2.76 acres and shows Wal-Mart Stores East, Inc. directly adjoining the property along its eastern boundary. The survey is associated with Tax Parcel 0B-04-00-005.01C00. This is a highly visible and strategically positioned tract in one of Benton's established commercial areas. Its proximity to Walmart makes it an excellent property for investors, developers, business owners, and buyers looking for long-term commercial potential. TRACT 3 — 19.28 ACRES • BEHIND & ADJOINING WALMART 19.28 surveyed acres located directly behind and adjoining the Walmart property in Benton. The August 3, 2026 boundary survey identifies the property as 19.28 acres and shows a substantial shared boundary with Wal-Mart Stores East, Inc. The survey also shows Interstate 69 immediately west of the property area, making this an especially noteworthy location for a tract of this size. The survey identifies the property with Tax Parcel 36-00-00-016and lists Benton, Kentucky 42025 as the location. Nearly 20 acres in this location represents a rare opportunity. With Walmart immediately adjacent and I-69 nearby, this tract deserves serious consideration from developers, investors, commercial buyers, and land buyers seeking a substantial holding in the Benton market. TRACT 4 — MAYFIELD HIGHWAY LOT • 0.41 ACRE A conveniently located 0.41-acre lot in the Mayfield Highway/Circle Drive area of Benton. Marshall County PVA records identify this property as Map No. 0B-05-05-003, containing approximately 0.41 acre. The PVA aerial map shows the tract along the Mayfield Highway/Circle Drive area, surrounded by existing development and convenient to the heart of Benton. This smaller tract provides an affordable opportunity for investors, adjoining owners, or buyers looking to add a well-located Benton property to their holdings. 4 TRACTS — ONE OUTSTANDING AUCTION TRACT 1 — 2.76 SURVEYED ACRES TRACT 2 — 0.58 SURVEYED ACRE TRACT 3 — 19.28 SURVEYED ACRES TRACT 4 — 0.41 ACRE MAYFIELD HIGHWAY LOT The surveys tell the story: Walmart immediately adjoins the surveyed properties, and the 19.28-acre tract is also positioned near Interstate 69. From smaller commercial-area tracts to nearly 20 acres of strategically located land, buyers have multiple opportunities to invest in the Benton market. SELLING ABSOLUTE! NO MINIMUMS • NO RESERVES THE HIGHEST BIDDER BUYS! If you've been looking for investment property, development opportunities, commercial-area acreage, or land near Walmart in Benton, make plans to attend this auction. TERMS AND CONDITIONS PROCEDURE: The property will be offered in multiple tracts. BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price. DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. CLOSING: Closing shall take place on or before 30 days from auction date. REAL ESTATE TAXES: All 2026 ad valorem taxes will be prorated at closing SURVEY: The property will be sold by a new survey. Buyer is responsible for 50%. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final. NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

Details

CountyMarshall
Zipcode42025
Property Type OneResidential Property
BrokerageHarris Real Estate and Auction
Brokerage Linkwww.harrisauctions.com
Apn0B-08-06-001.
Land Listing Agent Photo
Michael Harris
Harris Real Estate and Auction
(270) 970-0200
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