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Botetourt County, Virginia
ABSOLUTE AUCTION
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72± Acres offered in 3 Tracts, Plus two homes
Catawba Road (Route 779)
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SOLD - November 2007
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Farm • Residential Property |
 Tract 1: 2± Acres – This tract has road frontage on Catawba Road and a small frame home with rental income. Frame House approximately 1,200 sq. ft. with Living Room, Kitchen Dining Area, 3 Bedrooms, 1 Full Bath, Partial Basement. Heat - oil forced air. Well, septic drainfield, Currently rented for $575/month. Lease expires 6/30/2008.
Tract 2: 10.9± Acres – This tract offers incredible mountain views and open pasture land. A large brick ranch home is waiting to be renovated to your specifications. Approximately 1,625 sq.ft. Brick Ranch with attached 2 car garage (625 sq. ft.). Living Room, 3 Bedrooms, 2 full Baths, Kitchen/Dining Area, Den, Fireplace, Full Basement, Heat - oil forced air. Well - septic drainfield, Unoccupied.
Tract 3: 60.908± Acres – Rolling pastureland and mountain views with many potential building sites can be found on this tract. This tract also offers an area of hardwood forest land. Mountain views are all around.
Don't miss your chance to purchase your piece of beautiful Botetourt County at your price. Enjoy rural living only minutes from Daleville, I-81 and Roanoke. Each of these tracts offer beautiful mountain views and pastoral settings.
 
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Documents (PDF format):
Survey |
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Directions:
Directions to Property: From I-81, Exit 150, take US Route 220 North for 1.7 miles. Turn left on Route 779 (Catawba Road) and go 3.5 miles and property is on the right.
Directions to Sale Site: From I-81, exit 150 go north on Route 220 for 3.5 miles. Turn left at Botetourt Center at Greenfield on Route 839 (International Parkway). Take first left to Greenfield Education Center. |
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Broker Participation:
Any broker actively licensed in the Commonwealth of Virginia whose agent properly registers the successful high bidder will be paid a two percent (2%) commission at settlement by the Seller. Registration must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well a Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. by 12:00 Noon on November 13, 2007. If prospect attends preview, agent must attend with prospect. Additionally, agent must attend sale and co-register with prospect on auction day. Only the first broker to register the high bidder will be paid a commission. Agents acting as principals, on behalf of licensed real estate agents, on behalf of family members, on behalf of entities in which they hold an ownership interest or who represent prospects who have had prior contact with seller or auction company are not eligible. Only one registered bidder per agent. |
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Basic Terms & Conditions:
- REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 4:00 PM. Please bring a driver’s license for identification.
- AUCTION SALE: All property will be sold absolute to the high bidder. ALL SALES ARE FINAL: All property is auctioned “AS IS, WHERE IS” with all faults in its condition at the time of sale
without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
- LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
- BIDDING: Qualified bidders may bid on individual tracts, any grouping of tracts or on the whole property. The auctioneer will determine all bid increments. All decisions by the auctioneer are final.
- ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases,
verbal and written, concerning this auction sale.
- BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 5% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
- AGENCY: The Auction Company and its representatives represent the Seller, Rockydale Quarries, Inc.
- LEAD PAINT: The residential property in this auction was built prior to 1978 and may contain lead-based paint. A lead-paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint documents and information are available from Auction Company. Bidders will be provided a lead-paint disclosure prior to signing a real estate purchase agreement and agree to waive the ten (10) day right to inspection after the auction sale.
- REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sale price will be required on day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check payable to Woltz & Associates, Inc. Escrow Account. Personal checks will be approved if the Buyer presents a bank letter stating that the Buyer is a customer of the bank and the checking account is in good standing.
- REAL ESTATE DEED: The real estate will be conveyed by general warranty deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record. The balance of the purchase price is due at settlement on or before December 14, 2007. There will be no splitting of tracts or deeds between bidders. Tracts will be deeded in the manner purchased at the auction.
- BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to
survey for exact boundary locations.
- GENERAL: This offering is subject to prior sale and may be withdrawn, modified, or canceled without notice at any time. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.
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Contact:
Charlie Wade (VA# 3176) or Jim Woltz (VA #825) at 540-342-3560 or 800-551-3588. Send questions or comments.
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