Absolute Trustee Real Estate Auction: Independent Living & Memory Care Facility

Assisted Living & Memory Care Facility (Recently Renovated)
Partially Furnished – See Terms & Conditions of Auction

  • Building SF = 64,580± (4 Connected Buildings)
  • Zoning = B-1
  • 8.073± Acres – New Survey
  • Recently Renovated
  • 76 Total Rooms – 35 designated for memory care, 41 designated for assisted living
  • Fully Equipped Commercial Kitchen (multiple dining areas)
  • Fitness Center
  • Prime Location Right Off Interstate 64

Directions:

From Roanoke – Take I-581 North to I-81 North, Travel 13 miles take exit 150B toward Fincastle, Travel 35 miles keep right onto US-220 North toward I-64, US-60 East. Travel 0.8 mile merge onto I-64 West. In 11 miles take exit 16A onto US-60 West toward Covington. In 0.2 mile turn right on E Madison St. Go 700 ft turn right onto Horse Mountain View. Go 800 ft turn right onto Interstate Dr. Travel 900 ft, destination is on your left.

Basic Terms & Conditions of the Auction

  1. AUCTION SALE: The Real Estate and the personal property located in the Real Estate (collectively, the “Property”) will be sold absolute to the highest bidder. The successful Bidder will execute the Auction Real Estate Purchase Agreement as required in Paragraph 2. The Property is being sold “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. Bidding signifies you have read and are in agreement with the terms and conditions of the sale.
  2. REAL ESTATE DEPOSIT: The Buyer is required to pay a deposit in the amount of ten percent (10%) of the contract sales price and sign an Auction Real Estate Purchase Agreement immediately following SELLERS acceptance of the bid. Buyer may wire funds ($25.00 wire fee), present a cashier’s check, or a personal/corporate check with a bank letter verifying funds for the earnest money deposit.
  3. ANNOUNCEMENTS: Announcements on the day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
  4. FINANCING: Your bidding and purchase of the Property are NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying cash at settlement.
  5. LIABILITY: Bidders inspecting the Property enter at their own risk. Auction Company and Seller assume no risk for bodily injury or damage to the Property.
  6. BUYER’S PREMIUM: The Buyer’s Premium on the Property is five percent (5%) of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final contract sales price.
  7. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  8. REAL ESTATE DEED AND POSSESSION: The Property, both real estate and personal property, will be conveyed by a Special Warranty deed to be prepared at the expense of the Seller and the cost of Virginia the grantor deed transfer tax shall be borne by the Seller. Property taxes shall be prorated as of the date of the Sale. The Buyer shall be responsible for all other costs of closing. It is agreed the Property is being conveyed 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 which shall be on or before July 29, 2025. The contract to purchase can be assigned with Seller’s approval. Possession of the Property shall be given to the buyer at settlement.
  9. BOUNDARY LINES: Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them. See woltz.com for survey dated January 21, 2025 completed by Cornerstone Land Surveying Inc.
  10. BIDDING: The bidding is hereby offered to registered bidders only. Registration for on-site opens at 10:30AM on the day of sale. Online bidders must register by NOON on May 28, 2025.
  11. SELLER: The Property is being sold by William E. Callahan, Jr., Substitute Trustee (the “Seller”). The Seller reserves the right to reject any bid at his sole discretion.
  12. GENERAL: The information contained in the brochure, on woltz.com, all advertising, and the Bidder’s Information Packet is subject to verification by all parties relying on them. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.
  13. BROKER PARTICIPATION: Any appropriately licensed Virginia broker whose agent properly registers the successful high bidder will be paid a 2% commission based upon the high bid, and will be paid at settlement by the Seller. Applications must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as the Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. or by email at hannah@woltz.com no later than 12:00pm, May 28, 2025. Participating Broker must sign the Real Estate Purchase Agreement for winning bid. Agents acting as principals buying on their own behalf, on behalf of family members, other licensed real estate agents, or who represent prospects that have had prior contact with the Seller or Auction Company are not eligible. An agent may register and represent only one Bidder for this auction.
  14. SOFTWARE & TECHNOLOGY: The Seller reserves the right to reject any bid in his sole discretion or authorize Woltz to do so. In the event there are technical difficulties related to the server, software, or any other online auction-related technologies, The Seller reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR WOLTZ & ASSOCIATES, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information deemed necessary by Auction Company.
  15. All furnishings and personal property shall be sold with the sale of the real estate and conveyed by the Buyer to the Bidder by the Special Warranty Deed conveying the Property.

Real Estate Auction: Office Building in Rocky Mount

Tax Assessment $467,300
Sold Absolute Over $300,000

Commercial Office Auction! Auction held onsite at 11:00AM on June 26th. Prime location just on the outer edge of downtown Rocky Mount, perfect for a quiet medical or therapeutic practice. The tract contains 0.58 acres in one tax parcel with level terrain and visibility from the South Main Street. The improvement was built in 1950 with a later addition. The office building is served by public water and private septic. There is a rear entrance from Sunrise Road, a side street that intersects South Main Street at the front corner of the property. Property sold AS-IS, where is. Agents will be onsite for property previews on 6/12 & 6/19 from Noon-2PM.

4,508± SF • 8 Offices • 2 Office Kitchen Areas • 2 Half Baths & 1 Full Bath • Nice Reception Area • Large Common Area • Supply Areas • Full Basement Under Newer Addition • 0.58± Ac. • Zoning B-2

Tax Map# 0720401300

 

Basic Terms & Conditions of the Auction

  1. AUCTION SALE: The Property will be sold subject to Seller’s confirmation of the high bid. Purchaser will execute the Auction Real Estate Purchase Agreement as required in Paragraph 2. The 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. Bidding signifies you have read and are in agreement with the terms and conditions of the auction.
  2. REAL ESTATE DEPOSIT: The Buyer is required to pay a deposit in the amount of ten percent (10%) of the contract sales price and sign an Auction Real Estate Purchase Agreement immediately following SELLERS acceptance of the bid. Buyer may wire funds ($25.00 wire fee), present a cashier’s check or personal check with a bank letter of good standing for the earnest money deposit.
  3. FINANCING: Your bidding and purchase of the property are NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying cash at settlement.
  4. LIABILITY: Bidders inspecting property enter at their own risk. Auction Company and Seller assume no risk for bodily injury or damage to personal property.
  5. BUYER’S PREMIUM: The Buyer’s Premium on the real estate is five percent (5%) of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final contract sales price.
  6. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
  7. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  8. REAL ESTATE DEED AND POSSESSION: The real estate will be conveyed by a General Warranty deed to be prepared at the expense of the Seller and the cost of Virginia deed transfer tax shall be borne by the Seller. It is agreed the Property is being conveyed 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 which shall be on or before August 25, 2025. The contract to purchase is not assignable. Possession of the Property shall be given to the buyer at settlement.
  9. BOUNDARY LINES: Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
  10. BIDDING: The bidding is hereby offered to registered bidders only. Registration for on-site opens one hour before auction. Online bidders must register by NOON on Wednesday, June 25, 2025.
  11. CONFIRMATION: Both properties are being sold subject to Seller Confirmation.
  12. GENERAL: The information contained in the brochure, on woltz.com, all advertising, and the Bidder’s Information Packet is subject to verification by all parties relying on them. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.
  13. BROKER PARTICIPATION: Any appropriately licensed Virginia broker whose agent properly registers the successful high bidder will be paid a 2% commission based upon the contract sales price, and will be paid at settlement by the Seller. Applications must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as the Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. or by email at hannah@woltz.com no later than 12:00pm, June 25, 2025. Participating Broker must sign the Real Estate Purchase Agreement for winning bid. Agents acting as principals buying on their own behalf, on behalf of family members, other licensed real estate agents, or who represent prospects that have had prior contact with the Seller or Auction Company are not eligible. An agent may register and represent only ONE Bidder for this auction.
  14. SOFTWARE & TECHNOLOGY: Woltz & Associates, Inc. reserves the right to reject any bid at our sole discretion. In the event there are technical difficulties related to the server, software, or any other online auction-related technologies, Woltz & Associates, Inc., reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR WOLTZ & ASSOCIATES, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information deemed necessary by Auction Company.

 

 

Real Estate Auction: Office Building in Vinton

Tax Assessment $1,270,700
Sold Absolute Over $750,000

Commercial Office Auction! Auction held onsite at 2:00PM on June 26th. Excellent location near the heart of Vinton between two main roads, with 24 offices, 2 conference rooms, a large parking lot, 4 bathrooms, a large kitchen as well as an additional kitchenette & room to expand. Select office furnishings to be offered on a lump-sum basis on the day of sale. Property sold AS-IS, where is. Agents will be onsite for property previews on 6/12 & 6/19 from Noon-2PM. Zoned: General Business – Vinton. Tax Map # 061.13-04-13.03.0000

9,192± SF • 24 Offices • 2 Conference Rooms • 4 Baths • Large Kitchen Area • 2.58± Ac. •
Zoning GB (Vinton)

Basic Terms & Conditions of the Auction

  1. AUCTION SALE: The Property will be sold subject to Seller’s confirmation of the high bid. Purchaser will execute the Auction Real Estate Purchase Agreement as required in Paragraph 2. The 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. Bidding signifies you have read and are in agreement with the terms and conditions of the auction.
  2. REAL ESTATE DEPOSIT: The Buyer is required to pay a deposit in the amount of ten percent (10%) of the contract sales price and sign an Auction Real Estate Purchase Agreement immediately following SELLERS acceptance of the bid. Buyer may wire funds ($25.00 wire fee), present a cashier’s check or personal check with a bank letter of good standing for the earnest money deposit.
  3. FINANCING: Your bidding and purchase of the property are NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying cash at settlement.
  4. LIABILITY: Bidders inspecting property enter at their own risk. Auction Company and Seller assume no risk for bodily injury or damage to personal property.
  5. BUYER’S PREMIUM: The Buyer’s Premium on the real estate is five percent (5%) of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final contract sales price.
  6. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
  7. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  8. REAL ESTATE DEED AND POSSESSION: The real estate will be conveyed by a General Warranty deed to be prepared at the expense of the Seller and the cost of Virginia deed transfer tax shall be borne by the Seller. It is agreed the Property is being conveyed 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 which shall be on or before August 25, 2025. The contract to purchase is not assignable. Possession of the Property shall be given to the buyer at settlement.
  9. BOUNDARY LINES: Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
  10. BIDDING: The bidding is hereby offered to registered bidders only. Registration for on-site opens one hour before auction. Online bidders must register by NOON on Wednesday, June 25, 2025.
  11. CONFIRMATION: Both properties are being sold subject to Seller Confirmation.
  12. GENERAL: The information contained in the brochure, on woltz.com, all advertising, and the Bidder’s Information Packet is subject to verification by all parties relying on them. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.
  13. BROKER PARTICIPATION: Any appropriately licensed Virginia broker whose agent properly registers the successful high bidder will be paid a 2% commission based upon the contract sales price, and will be paid at settlement by the Seller. Applications must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as the Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. or by email at hannah@woltz.com no later than 12:00pm, June 25, 2025. Participating Broker must sign the Real Estate Purchase Agreement for winning bid. Agents acting as principals buying on their own behalf, on behalf of family members, other licensed real estate agents, or who represent prospects that have had prior contact with the Seller or Auction Company are not eligible. An agent may register and represent only ONE Bidder for this auction.
  14. SOFTWARE & TECHNOLOGY: Woltz & Associates, Inc. reserves the right to reject any bid at our sole discretion. In the event there are technical difficulties related to the server, software, or any other online auction-related technologies, Woltz & Associates, Inc., reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR WOLTZ & ASSOCIATES, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information deemed necessary by Auction Company.

 

SOLD – Commercial Real Estate Offering

South Park
4504 Starkey Rd.
Roanoke,  VA 24018

PRE-AUCTION OFFERS BEING CONSIDERED BY SELLERS! This Incredible Property is being offered in our upcoming auction! This 34,850± SF 2.5 Story Office Building is situated on 2.87 acres (4 tracts) of Prime Real Estate in the heart of the Tanglewood development area of Roanoke County and will be offered at auctioned soon. Located off of Starkey Road and adjacent to the Carilion Wellness Fitness Center, this property is part of the 419 Town Center Plan. This is Roanoke County’s Plan to expand and enhance the economic and retail growth in this area! The property is Zoned C-1 & C-2 and offers a multitude of potential uses! Call for more information. Preview by appointment. Now is the time to submit your highest and best offer for the Sellers to consider before the auction. 

Property includes 4 tax parcels: 087.07-01-31.00-0000, 087.07-01-31.01-0000, 087.07-01-33.00-0000, 087.07-01-36.00-0000. 

Company names and logos are trademarks™ or registered® trademarks and remain the property of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Links of Interest – Route 419 Improvements

 

Link to News Story “Public hearing held on Route 419 improvements” on WDBJ7 – Published: Jun. 17, 2024

VDOT Link to Foray Site – Starkey Rd to Ogden 419 Plan to Expand

SOLD – Real Estate Portfolio Auction (AM Session)

 

  • AM Auction Tract 1: 320 Commonwealth Blvd.
  • AM Auction Tract 2: 1900 Virginia Ave.
  • AM Auction Tract 3: 706 N Memorial Ave.
  • AM Auction Tract 4: GPS 4571 Westover Drive, Danville, VA
  • AM Auction Tract 5: 25 Ridgewood Terrace Townhomes
  • AM Auction Tract 6: 1515 Church Street Ext., Townhomes
  • AM Auction Tract 7: 29 Broad Street
  • AM Auction Tract 8: 25 Broad Street
  • AM Auction Tract 9: 100 Buena Vista Ave, Stuart, Virginia
  • AM Auction Tract 10: Chatham Road, 115± acre timber land tract
  • AM Auction Tract 11: Chatham Road, 108± acre timber tract
  • AM Auction Tract 12: Chatham Road, 17.2± acres in 6 tracts
  • AM Auction Tract 13: 3921 Greensboro Road, Ridgeway, VA
  • AM Auction Tract 14: Chatmoss Court Ext/Mt Olivet, 36± acres
  • AM Auction Tract 15: 16783 A L Philpott Hwy
  • AM Auction Tract 16: 5.5± Acres Located at the End of Melody Lane
  • AM Auction Tract 17: 137 Daniel Rd., Axton Va
  • AM Auction Tract 18: Faulkner Drive/Jessteen Lane, Bassett Va
  • AM Auction Tract 19: 3838 Dillons Fork Rd, Fieldale Va
  • AM Auction Tract 20: 940/950 Blackberry Rd., Bassett, VA
  • AM Auction Tract 21: 910 Blackberry Rd., Bassett, VA
  • AM Auction Tract 22: 930 Blackberry Rd., Bassett, VA
  • AM Auction Tract 23: Blackberry Rd Lots
  • AM Auction Tract 24: 45 Bermuda Dr., Bassett, VA
  • AM Auction Tract 25: 83 Mary Hunter Rd., Bassett, VA
  • AM Auction Tract 26: 67 Mary Hunter Rd., Bassett, VA
  • AM Auction Tract 27: Oakhaven Road, Bassett VA

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 as 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 15, 2022. 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.

Terms & Conditions Of Auction

1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 9:00 AM for the AM SESSION and 3:00 PM for the PM SESSION. Please bring a driver’s license for identification.
2. AUCTION SALE: The property will be sold subject to seller confirmation of the high bid. ALL CONFIRMED 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.
3. FINANCING: Your bidding and purchase of the property is NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
4. LIABILITY: Bidders inspecting property enter at their own risk. Auction Company and Seller assume no risk for bodily injury or damage to personal property.
5. BIDDING: Qualified bidders may bid on individual tracts or any grouping of tracts. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
6. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
7. 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.
8. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
9. LEAD PAINT: The majority of the properties in this auction were 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.
10. 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.
11. REAL ESTATE DEED: The real estate will be conveyed by Special 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 January 31, 2023. There will be no assigning of tracts or deeds between bidders. Tracts will be deeded in the manner purchased at the auction.
12. BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate.
13. GENERAL: 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.
14. LEASES: Copies of all the leases we have are on our web site and all properties are being sold subject to their existing lease. Rents posted in brochure and on website are from management company and are believed to be accurate.