Auction Information
253 Acres in Rustburg
Great location just 2 miles from Rustburg and 5 miles from Lynchburg
Great tract convenient to Rustburg and Lynchburg with frontage on US-501 and Poor House Rd. It is mostly wooded in mix of hardwood and pine with several improvements including culverts, retention pond, and entrance on Rt.501. Enjoy beautiful mountain and valley views, creeks, and lots of wildlife. Easy access with trails throughout the property. Ideal for investors/developers, large home tracts, hunting, or recreational tracts. Conventional perc site on each tract.
Offered in 6 Tracts & as a Whole
Lot 1: 48.797 Acres; Ideal development tract w/ frontage on Rt.501 and several improvements including culverts, retention pond, and excellent views
Lot 2: 57.693 Acres with frontage on Poor House Rd. Beautifully wooded tract with creek and pond site. Ideal private tract or combine with Lot 1 and 3 for large development pote...
Lot 2: 57.693 Acres with frontage on Poor House Rd. Beautifully wooded tract with creek and pond site. Ideal private tract or combine with Lot 1 and 3 for large development potential
Lot 3: 66.840 Acres; mostly wooded; great building sites; best views on the property; conventional perc site; combine w/ Lot 1 or 2 for additional development
Lot 4: 23.248 Acres; wooded; private; percs
Lot 5: 46.198 Acres; wooded; private; percs
Lot 6: 10.199 Acres; wooded; private; percs
REAL ESTATE 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 liens.
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: A 5% buyer's premium will be added to the high bid to determine the final sales price.
Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or good check.
Approval: High bid(s) subject to approval by seller.
Closing: Balance of Purchase Price shall be due at closing on or about 30 days after the sale.
Agency: The auction company and its representatives represent the sellers.
From elevation to risk assessment
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Research Parcel InformationDirections
DIRECTIONS TO PROPERTY
From Rustburg, 501 North 2 miles on right just past railroad trestle.
From Lynchburg, 501 South 5 miles on left where 501 goes from 4 lane to 2 lane.
DIRECTIONS TO SALE SITE
Wyndhurst Meeting Place
105 B Tradewynd Dr,
Lynchburg, VA
From Lynchburg, US-221 to LEFT on Enterprise Dr. 1mi to LEFT on Tradewynd Dr (across from The Summit). 1st RIGHT to parking lot to 1st lot on right. 105B on the right.