AP NEWS

Land Parcel and Building for Sale Online

September 19, 2018

WILKESBORO, N.C., Sept. 19, 2018 (GLOBE NEWSWIRE) -- AuctionDeals today announced the sale of a 24-acre land parcel and building in Wilkes County, Wilkesboro, North Carolina. The bidding is open to the public and can be viewed on the online surplus auction website auctiondeals.com.

Specifications

The land parcel is zoned as a general business park B-2 and has been divided up into 26 lots, including a 100x150-foot parking area. The parcel is located on a frontage road off US Highway 421, which serves as the route connecting the beaches of Wilmington to the mountains in Blowing Rock.

The building is 10,000 square feet and is currently being used as a truck sales and automotive center. The building set up includes two offices, two restrooms, and a parts storage room. The service area includes two floor lifts, three bays with 14-foot doors to fit tractor trailer height trucks, and four bays with 10-foot doors to fit medium-duty height trucks.

Historic Significance

This property was originally purchased by Bill Ellis. Mr. Ellis was an engineer and builder of race cars for many famous NASCAR drivers and opened his race shop on the property in 1965. On the property, he built race cars for drivers including Richard Brickhouse, Junior Johnson and Jim Paschal, including the winning car driven by Brickhouse in the inaugural Talladega 500. Also notable, Johnson, an inductee into the NASCAR Hall of Fame, was born in Wilkes County and is famously credited for discovering the drafting technique used by many race car drivers today. Nicknamed “The Last American Hero” Johnson won many races in 1966 and 1967 in cars built by Mr. Ellis on this property.

Mr. Ellis not only built cars for NASCAR drivers, but also raced himself. Driving for Paschal, Mr. Ellis won many races and earned a place in the North Carolina Drag Racing Hall of Fame, before retiring to dedicate his time to his race shop.

In 1974, Mr. Ellis and his son, Jeff, changed the business from the race shop to the truck center it serves as today.

“I have loved co-owning and operating this business with my dad over the last 40+ years and know that whoever buys this place will have a great business location for years to come,” Jeff Ellis tells us.

If you would like to place a bid on this property, you must be a registered bidder on AuctionDeals.com. Bidder registration is easy and free and can be completed on the AuctionDeals bidder registration page.

About AuctionDeals and Liquidity Services, Inc.

AuctionDeals is a marketplace of Liquidity Services. Liquidity Services (NASDAQ:LQDT) operates a network of leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. The company employs innovative e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government sellers. Our superior service, unmatched scale and ability to deliver results enable us to forge trusted, long-term relationships with over 11,000 sellers worldwide. With over $7 billion in completed transactions, and over three million buyers in almost 200 countries and territories, we are the proven leader in delivering smart commerce solutions. Visit us at LiquidityServices.com. http://www.liquidityservicesinc.com.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0b6644fc-497a-4f85-a5b7-9d4f54f46f01

Media Contact: Angela Jones AuctionDeals 334-301-7823 ajones@auctiondeals.com Jeff Ellis Bill Ellis Automotive, Inc. (336) 973-3131 jerracecars@wilkes.net

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