Auction Information
Land for Sale at Auction in Danville VA
Land for Sale at Auction in Danville VA
Searching for land for sale in Pittsylvania County, VA? Check out these 3 offerings which total +/- 28.71 acres in the City of Danville VA. Properties are located right off Business 29, across from Hardees, Taco Bell, and Walmart. Properties would be ideal for development whether it be commercial or residential. They are located just over 5 miles away from the new Caesars Virginia Casino location. The casino is set to open in late 2024. Another well-known attraction is The Danville Riverwalk Trail on the Dan River where you can enjoy bike trail systems, events, and historic sites. City of Danville has been restored and revitalized with several attractions, events, restaurants, and shopping.
Offering #1 This offering includes +/- 3.87 acres of mostly wooded land. Property is accessed off Business 29. There is a cleared area right off Business 29 ...
Offering #1 This offering includes +/- 3.87 acres of mostly wooded land. Property is accessed off Business 29. There is a cleared area right off Business 29 that would be great for construction of your new business. Property has access to public water and sewer. Offering #1 is Zoned both High Retail Commercial and Old Town Residential. See Zoning in the Bidder Packet for more information.
Offering #2 This offering features +/- 11.02 acres of all wooded, level land. Property is accessed off both Lansdale Dr and Sylvan Rd. Property has access to public water and sewer. Offering #2 is Zoned both Old Town Residential and Multi Family Residential. See Zoning in the Bidder Packet for more information.
Offering #3 - This offering features +/- 13.82 acres of mostly wooded level land. Property is accessed off Wilborne Ave. There is an existing cleared building site which awaits your new home or subdivision development. Property has access to public water and sewer. Offering #3 is Zoned both Old Town Residential and Multi Family Residential. See Zoning in the Bidder Packet for more information.
Online Auction Ends Thursday, May 23rd, at 3 PM
Offering #1 TBD Piney Forest Rd., & Sylvan Rd., Danville, VA 24541
Offering #2 - TBD Lansdale Dr., & Sylvan Rd., Danville, VA 24541
Offering #3 TBD Wilborne Ave, & Nelson Ave, Danville, VA 24541
BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.
SOFT CLOSE: If a bid is received within the last 2 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates snipers and encourages fair and impartial bidding from all participants.
SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring more than one offering will need to be high bidder on all offerings desired. Each offering will stay open until all bidding is complete, and all offerings will close simultaneously.
BUYERS PREMIUM TEN PERCENT (10%): Buyers Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyers Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyers premium = total purchase price of $110,000). Buyers Premium is not due until closing.
PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that an offer has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for sellers acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidders Agreement, maps, sample contracts, and property information.
TERMS AND CONDITIONS: 10% Buyers Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 per tract is required on the day of sale. Close on or before July 8th, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 3 PM on May 23rd, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.
Directions
From Danville on US-29 & US 58 Intersection, take US 29 N to the E Franklin Turnpike exit. Take E Franklin Turnpike to a left Piney Forest Rd. Properties are on the right, see signs.