Online Auction: 163.2± Acres – 8 Tracts

 

Bidding Opens: Jan. 13, 8 AM
Bidding Closes: Jan. 24, 3 PM

 

  • Incredible Mountain and Countryside Views
  • Secluded Setting
  • Close proximity to Interstate 81
  • Mostly Wooded Land
  • Abundant Wildlife
  • Recently Surveyed
  • Great potential for Residential and Recreational Uses

Don’t miss this opportunity on 163.20± acres that is already subdivided into eight 20± acre parcels, see that plat under documents. Incredible views, seclusion, abundant wildlife, & much more to offer, yet only 30 minutes to Downtown Roanoke & Downtown Blacksburg! Buyer responsible for well, septic, & power. See Covenants & Restrictions, HOA Bylaws, Plat, & Soils under Documents. HOA to be established after fifth lot has been sold.

Auction Tract Acreage (±)
1  SOLD 30.00
2  SOLD 2.00
3  SOLD 24.478
4 21.205
5 20.03
6 20.002
7 20.003
8 20.007
9 20.010
10 20.177
11 21.762

30 Minutes from Downtown Roanoke and Downtown Blacksburg!

Schools

Elementary School: Eastern Montgomery
Middle School: Shawsville
High School: Eastern Montgomery

Directions

From Roanoke; Take Interstate 81 South 16 miles, Take exit 128 to Ironto. Travel 600 feet and take right onto N Fork Rd, Travel 500 feet and take right, in 500 feet turn left onto Reese Mountain Rd. See signs for parcels on left, travel further up Reese Mountain Rd to see additional parcels.

Terms & Conditions

Bidding Starts: January 13, 2023, at 8:00 AM ET
Bidding Ends: January 24, 2023, 3:00 PM ET

  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 via Doc U Sign.   Buyer may wire funds ($25.00 wire fee) or overnight a cashier’s check for the earnest money deposit at Buyer’s expense.
  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 assumes 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. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  7. REAL ESTATE DEED AND POSSESSION:  The real estate will be conveyed by a Special Warranty deed to be prepared at the expense of the Seller and the cost of Virginia Grantor’s 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 February 24, 2023.  The contract to purchase is not assignable.  Possession of the Property shall be given to the buyer at settlement.
  8. BOUNDARY LINES:  Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
  9. BIDDING AND SOFT CLOSE: The bidding is hereby offered by Online Auction only and bidding will only be available to registered bidders. The Soft close will allow extended bidding until no bids are placed for two minutes. If a bid is placed on any tract within the last two minutes, an additional two minutes will be added to all tracts to ensure everyone gets time to place their bid.
  10. CONFIRMATION: All auction tracts are sold subject to Seller Confirmation.
  11. 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.
  12. 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 prior to the registered bidder making a bid. 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 only one Bidder for this auction.
  13. 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.
  14. BUYER ACKNOWLEDGMENT: All Property is sold subject to the Reese Mountain Road Association Bylaws; Covenants, Conditions and Restrictions; Road Maintenance Agreement; and Notice to Potential Purchasers.

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Smith River Land Auction: 1,244± Acres – Offered in 17 Parcels

The Smith River in Franklin and Henry Counties is one of the state’s most unique trout fisheries. The cold water
released from Philpott Dam provides miles of quality trout water and offers excellent fishing opportunities throughout the year. Approximately 31 miles from Philpott Dam downstream to State Route 636 (Mitchell Bridge) are special regulation brown trout waters.

The section of the Smith River north of Mitchell Bridge is known as the big trout waters!!!!!! The Smith River was named one of the best fishing rivers in Southwestern Virginia by the readers of Virginia Living Magazine.

Access trails have been placed on the property that can be used to access the interior and river frontage by using four wheelers, side by sides, golf carts or bring your horse or strap up those hiking boots and come explore this beautiful property. Tracts 4-10 access road is gravel and you can drive any vehicle on this road for the rest please use four wheelers or hike.

  • Great location close to Martinsville Speedway. How about racing on the river camp ground!!
  • Take a good look investors this parcel has great development potential with over 20,000’ of river frontage and long state road frontage.
  • These are prime building and recreational tracts. If you are looking for privacy, hunting or fishing look no further.

Tract Acreage (±) Smith River Frontage (±)
1 38.2 –
2 33.7 –
3 18 –
4 30.1 –
5 51.1 –
6 104.1 555’
7 92.0 2,026’
8 114.3 3,606’
9 85.8 1,959’
10 92.8 1,688’
11 36.7 1,354’
12 37.1 730’
13 26.8 –
14 44.2 1,243’
15 143.2 7,361’
16 146 2,661’
17 144 –

Note: Access roads and view trails have been provided, if wet conditions exist, please walk

Property Location

Put 2900 Mitchell Road, Ridgeway, Virginia in your phone and that will put you right in the middle of the property. Watch for auction signs.

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 16, 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

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 10:00 AM. Please bring a driver’s license for identification.
AUCTION SALE: This auction is subject to approval by the circuit court of Henry County. All sales approved by the court 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.
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.
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 or any grouping of tracts. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance 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.
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 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 45 days after court approval of sale. Sale subject to final court approval. There will be no assigning 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: 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.

Real Estate Portfolio Auction (AM Session)

 

Click Link for More Information On Each Property

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.

Real Estate Portfolio Auction (PM Session)

 

Click Link for More Information On Each Property

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.

Real Estate Auction: Dollar General in Dillon, SC

AM Auction Tract 28: Dollar General in Dillon, SC will be offered Live and Online at 2 PM on November 16.

Bidding Opens: Nov. 11, Noon

2150 SC9, Dillon, SC
Dollar General Store rent $5,500 / month
Tax Map # 070-00-0-219.
Last sold in 2005 for $630,000

 

Terms & Conditions Of Auction

AM Auction Tract 28 2150 SC 9, Dillon, SC

 Live Bidding Starts: November 16, 2022 at 2:00 PM ET
Bidding Ends: This is live and online AUCTION and bidding ends when auctioneer announces the property SOLD.

  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 via Doc U Sign.   Buyer may wire funds ($25.00 wire fee) or overnight a cashier’s check for the earnest money deposit at Buyer’s expense.
  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 during business hours.  Auction Company assumes 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. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  7. REAL ESTATE DEED AND POSSESSION:  The real estate will be conveyed by a Special Warranty deed to be prepared at the expense of the Seller and the cost of South Carolina Grantor’s 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 January 31, 2023.  The contract to purchase is not assignable.  Possession of the Property shall be given to the buyer at settlement.
  8. BOUNDARY LINES:  Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
  9. BIDDING: The bidding is hereby offered by Live and Online Auction only and bidding will only be available to registered bidders. The Live Auctioneer will announce when the property is SOLD.
  10. 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.
  11. BROKER PARTICIPATION: Any appropriately licensed South Carolina 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 prior to the registered bidder making a bid. 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 only one Bidder for this auction.
  12. 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.
  13. 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.

Online Auction: 2 Prime Development Properties

 

 

Bidding Opens: Nov. 3, 2 PM
Bidding Closes: Nov. 10, 2 PM

 

Auction Tract 1

City of Bristol Virginia, Exit 5
Location!, Location!, Location!

Tax Id# 264-A-1
18.8± Acres
Zoned M1 (Adjoins B3 Zoning)

Located on Walling Road between Harley Davidson and Virginia Beverage Company. Excellent location just across I-81 from “The Falls”. This is a blank canvas for a developer, investor or end user.

I-81 Traffic 26,000
Water & Sewer Available

Not far from the Hard Rock Hotel and Casino.

Directions: I-81 Exit 5, Take 19 south west to light and turn left on Old Abingdon Hwy and immediately left on Walling Road, by Harley Davidson Store. Property on right just past Harley Davidson.

Auction Tract 2 – SOLD

Abingdon Virginia Exit 17

Washington County Tax Parcel ID# 105-8-1
35.4± Acres
Zoned Abingdon A & A2

Currently in Land Use

PRIME DEVELOPMENT PROPERTY
Water & Sewer Available

Not far from South Holston Lake, Historic Downtown Abingdon, the Hard Rock Hotel and Casino. Close to shopping.

Directions: From I -81 Exit 17 Go south Cummings Street and turn right on Gravel Lake Road. Property fronts on Cummings Street and along Gravel Lake past the new Round About!

7% Buyer’s Premium | Boundaries are Approximate

Terms & Conditions of Auction for Online Bidding

Auction Tract 1 City of Bristol Tax ID# 264-A-1  18.8± Acres
Henry C. Pratt Irrevocable Trust and The Mack B. Trammell Foundation, Inc.
Bristol VA, Abingdon VA

Auction Tract 2 Washington County Tax ID# 105-8-1  35.4± Acres
Henry C. Pratt Irrevocable Trust
Washington County, VA

 Bidding Starts: November 3, 2022 at 2:00 PM ET
Bidding Ends: November 10, 2022, 2:00 PM ET

  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 via Doc U Sign.   Buyer may wire funds ($25.00 wire fee) or overnight a cashier’s check for the earnest money deposit at Buyer’s expense.
  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 assumes no risk for bodily injury or damage to personal property.
  5. BUYER’S PREMIUM:  The Buyer’s Premium on the real estate is seven percent (7%) of the high bid amount.  The Buyer’s Premium will be added to the high bid to determine the final contract sales price.
  6. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  7. REAL ESTATE DEED AND POSSESSION:  The real estate will be conveyed by a Special Warranty deed to be prepared at the expense of the Seller and the cost of Virginia Grantor’s 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 December 28, 2022.  The contract to purchase is not assignable.  Possession of the Property shall be given to the buyer at settlement.
  8. BOUNDARY LINES:  Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
  9. BIDDING AND SOFT CLOSE: The bidding is hereby offered by Online Auction only and bidding will only be available to registered bidders. The Soft close will allow extended bidding until no bids are placed for five minutes. If a bid is placed within the last five minutes an additional five minutes will be added to ensure everyone gets time to place their bid.
  10. 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.
  11. 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 prior to the registered bidder making a bid. 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 only one Bidder for this auction.
  12. 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.

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Rifle Colorado Land Offering: 1,115± Acres

Rifle Airpark

Located in the Rifle and Garfield County this premier property contains 1,115 acres surrounding the Rifle Airport. 

This prime parcel is ripe for development and looking for a visionary to complete a great start.

Real Estate Auction: Roanoke County Delinquent Tax Properties

 

Valuable parcels of real estate located throughout Roanoke County and the Town of Vinton are being offered for sale at auction on behalf of Mark D. Kidd, Special Commissioner. Properties include single family residences, and residential and agricultural lots. 5% buyer’s premium.

Property 1

Tax Map # 060.10-03-22.00-0000
Deeded Acreage (±): Lot
Address / Description:  LT 1 A SEC 7 MYERS MAP
Zoning:  R2 (Vinton)
Assessed Value: $3,500

Property 2

Tax Map # 036.20-01-32.00-0000
Deeded Acreage (±): 0.46
Address / Description:  LT 6-A MEDLEY CT
Zoning:  R2 (Roanoke County)
Assessed Value: $28,000

Property 3

Tax Map # 096.02-01-38.00-0000
Deeded Acreage (±): 0.23
Address / Description:  N 1/2 LTS 8 & 9 SEC 1 SYLVAN BROOK
Zoning:  AR (Roanoke County)
Assessed Value: $1,300

Property 4

Tax Map # 032.00-01-47.00-0000
Deeded Acreage (±): Lot
Address / Description:  LT 6 BLK 4 HIDEAWAY PARK
Zoning:  AG3 (Roanoke County)
Assessed Value: $3,800

Property 5

Tax Map # 036.03-01-45.00-0000
Deeded Acreage (±): 0.32
Address / Description:  1468 DEBORAH LN
Zoning:  R1 (Roanoke County)
Assessed Value: $36,500

Property 6

Tax Map #  016.01-01-63.04-0000
Deeded Acreage (±):  2.99
Address / Description:   TR B RESUBD FOR TIM & SARA TUELL OFF CAT
Zoning:   AR (Roanoke County)
Assessed Value:  $20,000

Property 7 – Withdrawn

Tax Map # 026.20-02-53.00-0000
Deeded Acreage (±): Lot
Address / Description:  7265 TWIN FORKS DR
Zoning:  R1 (Roanoke County)
Assessed Value: $261,800

Property 8

Tax Map # 090.00-03-24.00-0000
Deeded Acreage (±): 1.478
Address / Description:  BACK CREEK
Zoning:  AG1 (Roanoke County)
Assessed Value: $31,300

Property 9

Tax Map # 074.00-02-31.00-0000
Deeded Acreage (±): 0.39
Address / Description:  4035 GLADDEN RD
Zoning:  AG3 (Roanoke County)
Assessed Value: $68,300

Property 10

Tax Map # 015.02-03-32.00-0000
Deeded Acreage (±): 0.31
Address / Description:  3455 RUSTY RD
Zoning:  AR (Roanoke County)
Assessed Value: $113,200

Property 11

Tax Map #  061.17-03-06.00-0000
Deeded Acreage (±):  Lot
Address / Description:   LT 7 JNO D DILLON MAP
Zoning:   R1 (Vinton)
Assessed Value:  $4,800

Property 12

Tax Map #  015.02-01-12.00-0000
Deeded Acreage (±):  0.5
Address / Description:   3912 CARTERDELL RD
Zoning:   AR (Roanoke County)
Assessed Value:  $27,500

Property 13

Tax Map #  111.00-02-34.00-0000
Deeded Acreage (±):  2
Address / Description:  9923 FORTUNE RIDGE RD
Zoning:   AR (Roanoke County)
Assessed Value:  $73,100

Property 14

Tax Map #  036.01-02-01.00-0000
Deeded Acreage (±):  27.84
Address / Description:  MASONS CREEK
Zoning:   AG1 / C2  (Roanoke County)
Assessed Value:  $107,500

Information was obtained from Roanoke County records.

Boundaries on aerial photography are approximate.

Property information is also available on the Roanoke County GIS site —
https://www.roanokecountyva.gov/76/GIS-Maps-Apps

Viewing in Full Screen will allow you to switch to other views including Satellite.

Terms & Conditions of the Auction

  1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 9:00 AM. Please bring your driver’s license for identification.
  2. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER, MARK D. KIDD, SPECIAL COMMISSIONER.
  3. AUTHORITY FOR SALE: The sale is by Order of the Roanoke County Circuit Court. All properties will be sold at auction subject only to Roanoke County Circuit Court confirmation. The hearings on confirmation of the sales of the properties will be held at 3:00 PM on Thursday, October 6, 2022.
  4. TERMS OF SALE: All property is sold “AS IS, WHERE IS” and with any faults. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence with respect to the property as they deem necessary or appropriate. Inspection of the properties is performed at the potential bidder’s own risk. Except for the required Circuit Court approval referenced in paragraph 3, all sales are final. The properties are sold subject to any applicable conditions or easements of record including utilities, construction, sewer, water, stormwater, or drainage, and any homeowners’ associations’ covenants and restrictions.
  5. ANNOUNCEMENTS: Announcements made on the day of sale take precedence over all prior communications, verbal and written, concerning this sale. Detailed terms and conditions will be provided on the day of sale.
  6. BUYER’S PREMIUM: A Buyer’s Premium will be charged. The Buyer’s Premium is five percent (5%) of the high bid amount. The Buyer’s Premium will be added to the high bid amount to determine the sales price.
  7. DEPOSIT ON REAL ESTATE: Immediately following the sale, successful bidders will be required to sign an Offer of Purchase, a copy of which is available from the Auction Company. The successful bidder must pay a deposit in the amount of ten percent (10%) of the purchase price (high bid plus Buyer’s Premium) at the time the Offer of Purchase is signed on the day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check made payable to Mark D. Kidd, Special Commissioner. Personal checks will be approved if the Buyer presents, at time of registration, a letter from its bank stating that the Buyer is a customer of the bank and that the account on which the check is drawn is in good standing.
  8. CLOSING DATE: The balance of the purchase price is due within fifteen (15) days following entry of the decree confirming the sale. This is a cash transaction and is not conditioned upon the bidder obtaining financing.
  9. CLOSING COSTS: The purchaser shall pay any Grantor’s tax and all expenses of recording and closing.
  10. TRANSFER OF TITLE: The Real Estate will be conveyed by special warranty deed free and clear of all liens, except as noted in paragraph 4 above and current real estate taxes which shall be prorated.
  11. BIDDER PACKETS: Preliminary Bidder Packets containing assessor’s cards and other information about the properties are available from the Auction Company upon request.
  12. WITHDRAWAL OF PROPERTY: The Seller may withdraw a property from the sale if the current owner exercises its right to redeem before 5:00 PM on September 29, 2022.

AM Auction Tract 1: 320 Commonwealth Blvd.

 

AM Auction Tract 1:

320 Commonwealth Blvd. This is a Federal Social Security Administration Building please do not try to enter this building. Zoned C-C. The lease, rents and information are online. Rent: $11,832.24 / mo.

Tax Map Number: 21 (01 )00 /N11 
Parcel ID: 000990306

 

 

Back to  Real Estate Portfolio Auction (AM Session)

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 3, 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.

AM Auction Tract 2: 1900 Virginia Ave.

AM Auction Tract 2:

1900 Virginia Ave., Strip Mall with residential units, with vacant land tract. Zoned B1
32 Commercial Units 12 are vacant. Rent $16,394.94 / mo.
4 Residential Units – 4 are vacant

Tax Map Numbers: 41.1(032 )000 /002 ,3A-3C,ABC, 41.1(032 )000 /001F, 
Parcel IDs: 026310209, 014630002

 

 

Back to  Real Estate Portfolio Auction (AM Session)

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 3, 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.