Parkway Ln S , Floyd, VA 24091(Floyd County)

This property is located only 1 mile South of the town of Floyd, just off Parkway Lane South (Route 8). The deed description from an old unrecorded survey indicates 100 acres. Access is a 50 easement over an existing driveway extending from VA Route 8 and across Dodds Creek to the subject property. It is all wooded with mostly mature white pine and some mixed hardwood. The terrain ranges from level to heavy slope and has several cabin or permanent home sites.

The southern boundary has long range views from the top of the ridge looking southsoutheast. Obviously, there is significant timber value as well as secluded home sites and only one mile from town and three miles from the Blue Ridge Parkway at Tuggles Gap.

ACCESS: Access is via a Deeded 50 Right of Way. Take Right off Parkway Lane south at 732 Parkway Ln South, immediate left. In order to view or access property, must pass over Dodds Creek.

Online Auction Ending Wednesday October 19th at 4 PM

TBD Parkway Ln S., Floyd, VA 24091

Online Bidding Online bidding is now active and runs through 4 PM on October 19th, 2022. SOFT CLOSE.

SOFT CLOSE: If a bid is received within the last 3 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.

BUYERS PREMIUM TEN PERCENT (10%): Buyers Premium shall be added to the final bid price place online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyers Premium shall 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).

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 preauction sales. Preauction offers must meet all 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 preauction 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 preauction offers must allow a minimum of 24 hours for sellers acceptance. A Buyers Broker Fee of (2%) is offered on any preauction offers that are properly completed and submitted on the appropriate forms provided by the auction company.

TERMS AND CONDITIONS

10% Buyers Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 required on day of sale (October 19th 2022). Close on or before December 5th, 2022. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Auction starts ending at 4 PM on October 19th 2022. 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. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.