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Topic: Real Estate Auction

Real Estate Auction: 442± Acres Offered in 8 Tracts

Real Estate Auction 6/29/23 @ 1:00pm, at Peterstown Middle School. Don’t miss the opportunity to own one of Monroe County’s most sought after farm estates. This incredible 442± property(estimated – currently being surveyed) is truly one of a kind, w/3 residential homes, multiple barns & outbuildings, farm & forest roads throughout, & so much to offer from the agricultural & recreational standpoints. Property would make the ideal family retreat or working farm. Lower elevations of the property offer an abundance of pastureland while higher elevations consist of mixed timber & provide beautiful countryside views. Enjoy the seclusion & privacy Monroe County offers, yet feel secure being within 5 minutes of Peterstown, 30 minutes to Princeton, & 45 minutes from Blacksburg, VA. Property to be offered in individual tracts or any combination of tracts. Main house = 1,607sqft; Guest House 1 (2 bedrooms, 1 bath, no kitchen) = 708 sqft; Guest House 2(2 bedrooms, 2 bathrooms) = 1,248 sqft.
PROPERTY PREVIEWS: June 10th, 17th, & 25th, Noon-3:00pm.

*Hold Harmless (in Documents) must be signed & sent to LA’s office before accessing any of the trails on property.

Three Residential Homes On The Property
Perfect Mountain Getaway
Pasture & Wooded Land
Breathtaking Mountain & Countryside Views
Adjoins Appalachian Trail
Multiple Barns And Outbuildings
Quality Fencing Throughout The Property, Including High-Fence Area
Three Small Farm Ponds
Koi Pond (Behind Main House)
Farm Roads And Trails Wind Throughout The Property
Five Minutes To Peterstown, WV
30 Minutes To Princeton, VA
45 Minutes To Blacksburg, VA
1:30 Minutes To Roanoke, VA
No Zoning In Monroe County
Approximately 110 Acres Of Open Land And 350 Acres Of Wooded Land
Abundant Wildlife
2021 Real Estate Taxes = 1,699.21 (Estimated)
Property In Farm-Use (Discounted Tax Rate)

Currently being surveyed – Acreages subject to change. Information will be updated when available

Tract	Acreage (±)
1	6.45
2	19.6
3	14
4	47.6
5	25
6	164
7	76.6
8	104

Utilities

Electricity = Appalachian Power
Internet = Viasat
Water = Well (One well serves all three houses)
Sewer = Septic (Main and Guest House #1 combined, separate septic for Guest House #2)

Main House

Click for Additional Photos of Main House

Built in 1996
1,607± Square Feet
2 Bedrooms
2 Bathrooms
Large family room with floor to ceiling windows and adjacent space for long dining table.
Mexican Saltillo tiles with designer-selected wall tiles in the main house kitchen.
Office with exterior door to exterior stone deck
Full size washer and dryer
Additional freezer
Mudroom
Stone Exterior
Attached Greenhouse
Large stone deck with stone grill for entertaining
Pool adjacent to the house (not in use – liner torn)
Metal roof
Central Air
Heat Pump
Koi pond

Guest House #1

Click for Additional Photos of Guest House #1

Built in 1984
708± Square Feet
2 Bedrooms, one with loft with wooden stairs to loft
1 Full large Bathroom
Living room with two-side exposure
Metal Roof
Stone Exterior
Refrigerator, but no Kitchen
Wrap around deck
Propane heat
No AC
Well and Septic hooked up to main house
Water heater = propane

Guest House #2

Click for Additional Photos of Guest House #2

Built in 1996
1,248± Square Feet
2 bedrooms
Large dining space
Family room with floor to ceiling windows overlooking pastures and rolling hills
2 full bathrooms
Log siding exterior
Covered front and back deck
Propane Heat
Air = Heat Pump
Well (hooked up to main house)
Septic
Water heater = Propane

Directions

From Blacksburg: Take US-460 West for 28 miles, turn right onto Old Virginia Ave, in 0.3 mile take left onto Federal St. Travel 2.1 miles and keep left onto Market St. In 1.4 miles take right onto Green Valley Rd. Travel 1.6 miles – property is on your right.

Location Map

Place	Distance from Subject Property
Princeton, WV	23 Miles
Blacksburg, VA	37 Miles
Roanoke Airport	77 Miles

Auction for:
1696 Green Valley Rd.
Peterstown, WV 24963

June 29, 2023, at 1:00 PM ET
Auction Location: Peterstown Middle School,
5414 Ballard Red Sulphur Pkwy, Peterstown, WV 24963

AUCTION SALE: The Property will be sold subject to Seller’s confirmation of the high bid minimum bid for all tracts $1,000,000. 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.

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.
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.
LIABILITY: Bidders inspecting property enter at their own risk. Auction Company and Seller assume no risk for bodily injury or damage to personal property.
HOLD HARMLESS: The Hold Harmless must be signed and submitted to Auction Company’s office before accessing any of the trails on the property [See woltz.com for Hold Harmless form].
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.
AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
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 West 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 14, 2023. The contract to purchase is not assignable. Possession of the Property shall be given to the buyer at settlement.
BOUNDARY LINES: Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
BIDDING: The bidding is hereby offered to registered bidders only.
CONFIRMATION: All auction tracts are sold subject to Seller Confirmation.
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.
BROKER PARTICIPATION: Any appropriately licensed West 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, June 28, 2023. 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.
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 & Personal Property Auction

Parcel ID: 046.07-01-23.00-0000

Schools

Glen Cove Elementary School
Northside Middle School
Northside High School

More information coming soon

Investment Real Estate Auction

New Survey

Located in a non-zoned area of the county these well-constructed buildings offer an owner-occupier or investor an amazing opportunity. Excellent location along Franklin Street just past the County Administration Building. Brick and block construction, paved parking lot with ample signage.

Public Utilities

Building 1 has 3 units and garage building in rear.

Building 2 has 2 units, we have kept vacant so new buyer can either owner-occupy or chose tenants

Units have always been easy to rent. Built and ready to rent your way

More details coming soon

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

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.
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.
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.
LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
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.
AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
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.
BOUNDARY LINES: Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
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.
CONFIRMATION: All auction tracts are sold subject to Seller Confirmation.
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.
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.
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.
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.

Download our App:

RV Park and Adjoining Land Auction

To Register for Online Bidding

Deadline to register for Bidding Online: Thursday April 20, 2023 at 12:00 PM ET
Click to Register for Online Bidding
This will take you to Murray Wise Associates LLC
On this page “Click Here to Register for Auctions” – This will create an account.

Login and then select
Register 04/21/2023 RV Park and Adjoining Land Auction (Online Bidding)
Confirm the Terms & Conditions for this Auction.

Link to watch Auction without bidding

122 RV sites and 10+ tent sites, office/store and storage area. Store has convenience items, supplies and a deli, large storage area and propane tank with filling station for smaller tanks
Bathhouse with coin-operated washers and dryers
Recreational areas, playground for the kids, horseshoe pit and cornhole pads, covered picnic shelter
±3,200’ of Smith River frontage (Known for its Trout Fishery)
County water and sewer
Underground electric

Come bid your price!

Tract	Acreage (±)	Features
1	25	122 RV Sites, ±2,325′ Smith River frontage, deli, store and office. Zoned A1
2	7	±199′ Frontage on TB Stanley Hwy, ±872′ Smith River frontage. Zoned B1
3	11	±458′ frontage on TB Stanley Hwy. Zoned B1
4	31	Fronts on Riverside Dr and access from TB Stanley Hwy via right-of-way. This parcel has 69 approved but not built RV sites. Zoned A1

Profit and Loss available for review by calling Russell Seneff 540-765-7733

Distance to Property
Miles (±)	Location
7	Martinsville, VA
46	Roanoke, VA
60	Greensboro, NC
60	Winston-Salem, NC
122	Raleigh, NC
150	Charlotte, NC

RV Park Prices

$650.00 Monthly
$300.00 Weekly
$50.00 Per Night

Note Regarding LP Dispensing Station Equipment Agreement

Equipment agreement for the LP dispensing station at Cahill’s Lily Pad
All dispensing station equipment minus the electrical is property of Clark Gas & Oil.
We would love the opportunity to work with the new owner of the Lily Pad to continue to provide LP service to the campground.

Justin Lancaster
Plant Manager
Clark Gas & Oil
Stuart Office
P.O. Box 31
Stuart, VA 24171
276-694-3772
www.clarkgasandoil.com

Term & Conditions of Auction

LIVE & ONLINE
A1011 – Cahill’s Lily Pad & Adjacent Parcels
April 21, 2023, 11:00am

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 10:00AM. Please bring a driver’s license for identification.
AUCTION SALE: Auction Tracts 1-4 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.
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 7% 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 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 June 21, 2023. 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.
Woltz & Associates, Inc., Its agents, and employees assume no liability for the accuracy of the information provided for this auction. All information is deemed reliable but not warrantied by the above, including but not limited to: survey, title information, zoning, DEQ regulations or permits, licensing, County or State permits relating to the property being sold.
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.
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.
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, April 20, 2023. 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.

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.

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.
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.
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.
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.
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.
AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
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.
BOUNDARY LINES: Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
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.
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.
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.
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.
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

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.
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.
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.
LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
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.
AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
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.
BOUNDARY LINES: Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
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.
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.
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.
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.