MINIMUM BID AUCTION: 413+/- Wooded Acres on Mt Athos
Wednesday, Jan. 29, 2014 at 12:30PM
AUCTION HELD OFF-SITE: Hilton Garden Inn, 4025 Wards Rd, Lynchburg, VA
DETAILS
Great Campbell County location just outside the city of Lynchburg.
Just off US-460 on Mt. Athos Rd
Located across from the James River and B&W (one of Lynchburg's largest employers)
Public boat landing nearby
Totally wooded
Encompasses a large portion of Mount Athos
Topography is level to steep
Zoned I-H (Heavy Industrial)
Offered in 4 tracts
Sells with bid of $1,000/acre or greater excluding Tract 4 (cell tower tract) which is subject to confirmation
TRACTS
TRACT 1: 156+/- Acres
Totally wooded with nice hardwoods along the front and extending up to and over the ridge. Some areas in back (approx 50+/- acres) timbered 15-20 years ago and now in young hardwoods.
Approx. 3,200' of frontage on Mt Athos Rd
Road frontage is ...
Road frontage is level to steep
Entrance road already in place and continues up and across the ridge of Mt Athos
Topography is hilly to steep
Scenic views of the James River and neighboring countryside
Several 4-wheeler trails on property
Rear of property borders old railroad bed
Consists of 4 tax parcels: 8-6-A, 8-6-D, 8-1-14, 8-1-14C
Two large water storage tanks on property
Sells to highest bidder with a bid of $1,000 per acre or greater
TRACT 2: 207+/- Acres
Totally wooded in nice hardwoods
Approx. 1,950' of frontage on Mt Athos Rd
Road frontage is mostly level to rolling
Currently no driveway off of Mt Athos Rd
Private access road through the rear corner of the property off Carriage Court Lane (neighboring property has access easement along road)
Topography is level to steep
Great views along the ridge
Several 4-wheeler trails throughout property
Near public boat landing
Portion of tax parcel 8-1-8
Sells to highest bidder with a bid of $1,000 per acre or greater
TRACT 3: 46+/- Acres
Totally wooded in nice hardwoods
Approx. 1,184' (200' + 984') of frontage on Mt Athos Rd
Road frontage is mostly level to steep
Currently no driveway off of Mt Athos Rd
Topography is level to steep
Great views along the ridge
4-wheeler trail along ridge
Across from public boat landing
Portion of tax parcel 8-1-8
Sells to highest bidder with a bid of $1,000 per acre or greater
TRACT 4: 4+/- Acres
Totally wooded in nice hardwoods
400' of frontage on Mt Athos Rd
Road frontage is mostly level to rolling
Currently no driveway off of Mt Athos Rd
A 100' x 100' portion of the property has been leased for a cell tower. Annual rent is $13,008 (refer to lease for complete details)
Topography is level to steep
Across from Central Virginia Federal Credit Union
Near public boat landing
Portion of tax parcel 8-1-8
Sells subject to confirmation by seller
AGENT ON SITE
Wednesday, Jan.15 from 12-2 PM
Friday, Jan.24 from 12-2 PM
For scheduled previews, agent will be at the entrance to Tract 1
Private Showings By Appointment. Call 434.847.7741
DIRECTIONS
From Lynchburg: Take US-460E to the Mt Athos exit. One mile to property on right (across from B&W).
Click Here for MAP
REAL ESTATE AGENTS: 2% Commission Available
A 2% commission will be paid at closing to any broker licensed in Virginia whose agent properly registers a successful high bidder. Broker Registrations must be received by Tuesday, Jan. 28, 4:00 p.m.
Realtors: Click Here for Broker Registration Form
TERMS AND CONDITIONS
Terms:
Property sells AS-IS, "WHERE-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.
Warranty:
All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.
Title:
Seller will convey title by General Warranty Deed free and clear of all leins.
Registration:
Bids will be accepted only from registered bidders. Registration begins at 11:30 AM day of sale. Please bring a valid form of identification (i.e. drivers license)
Announcements:
Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.
Buyers Premium:
5% buyers premium added to bid price to determine final contract price.
Deposit:
Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or company or personal check with ID.
Closing:
Balance of Purchase Price shall be due and payable in collected funds on or about 30 days after the sale.
Agency:
The auction company and its representatives represent the sellers.
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