TBD Ridgeview Rd , Floyd, VA 24091(Floyd County)

Offering # 3 Discover the potential of this expansive 48.982 acre tract of land that is predominately open farmland, offering a multitude of opportunities. The small, partially wooded area near the rear of the property adds a touch of natural charm. The timber has been selectively cut within the last year. This property boasts a captivating view, making it an ideal choice for a prime building site. The existing barn makes for great hay or equipment storage. Adding to its charm, Beaver Creek serenades through the back of the property. The tract has 240 feet of frontage on Ridgeview Road.

Sale is subject to seller confirmation, court approval, and final plat approval. Plat has preliminary approval. Final plat approval is expected to happen prior to auction.

PREVIEW DATE: Saturday, November 18th at 11 AM

DIRECTIONS: From the Town of Floyd VA - Take Route 8 N towards Christiansburg, to a right onto Ridgeview Rd. Property is on the left in approximately 3.5 miles. See signs.

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 (tract) will need to be high bidder on all offerings (tracts) 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 Broker Fee of (2%) is offered to a cooperating VA State Licensed Real Estate 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 & 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 day of sale. Close on or before January 22, 2024. Subject to seller confirmation and court approval. 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 December 7, 2023. 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.