You have the opportunity to purchase +/- 137.81 acres of land for sale in Floyd County VA, being offered in 3 tracts. The properties consist of wooded acreage, farmland, fenced pastures, Little River frontage, a spring branch, small ponds, a singlewide mobile home, and another home. Enjoy the convenient location in Riner between Floyd VA and Christiansburg VA. All three offerings will be offered individually with online bidding. Bidders wanting to purchase more than one offering will need to be the high bidder on all offerings desired. Each offering will remain open and displayed until bidding is complete on all 3 offerings. For example, if a bid is made on offering # 1, all offerings will be extended. Refer to information on soft close below and in bidder pack.
4643 Webbs Mill Rd, Riner VA 24149
Grace Lane, Riner VA 24149
Online Only Auction Ending Thursday September 30th @ 4 PM
Offering # 1 – This property features +/- 19.23 Acres along with a +/- 2,120 sq. ft. home with 3 bedrooms and 1 bath. Home has as shingle roof, vinyl siding, a heat pump, and a basement. Home was built in 1933. There is also a single wide mobile located on property. Home is located between Floyd and Riner at 4643 Webbs Mill Road, Riner VA 24149. Back (eastern) boundary adjoins offering # 2 and # 3. Refer to bidder pack for property maps. Earnest money deposit for offering # 1 is $5,000.
Offering # 2 – +/- 19.02 Acres located on Grace Lane. The property has fencing and good building sites. Property would be good for farming or a country home with acreage with a short commute to Floyd, Christiansburg, I-81, Radford, and Blacksburg VA. There are a couple of small sheds and small pond on property. The single wide located at 233 Grace Lane, Riner VA is not for sale. Address could be helpful to locate this property because it is located on Offering # 2 and Offering # 3 border. Refer to maps for illustration. Offering # 2 western border adjoins Offering # 1 eastern border. Offering # 2 also adjoins offering # 3. Earnest Money Deposit for Offering # 2 is $10,000.
Offering # 3 – +/- 99.56 Acres located on Grace Lane. The property is mostly open has fencing and joins Little River. Access road is a shared road to single wide mobile home located at 233 Grace Lane, Riner VA not included in this sale. Single wide mobile has right of way access along western boundary of this tract. This land is mostly open, has a couple of sheds, small pond, and just under 1,800 feet of Little River Frontage. Property has been used for grazing and is great land for farming, and livestock. There are good building sites for anyone wanting a country home with farmland near Floyd VA, Christiansburg, Radford, Riner, Radford, and I-81. Offering # 3 western border adjoins Offering # 1 eastern border. Offering # 3 also adjoins offering # 2. Earnest Money Deposit for Offering # 3 is $10,000.
Offering # 1 is a different owner from Offering # 2 and # 3. In the event a bidder is purchasing multiple offerings, a separate contract will be required for Offering # 1.
Preview Dates – Thursday September 9th @ 5 PM and Saturday September 18th @ 10 AM
Online Bidding – Online bidding is now active and runs through 4 PM on Thursday September 30th
Directions – From Floyd VA Route 8 North / Webbs Mill Road towards Montgomery County, Offering # 1 is located on the right just past Grace Lane, and across from Alum Ridge Road. Offering # 2 and Offering # 3 are located approximately 800’ down Grace Lane on the Left.
From Christiansburg VA Route 8 South / Webbs Riner Road towards Floyd County, Offering # 1 is 1.5 miles on the left past Little River Bridge (Montgomery & Floyd County Line), and across from Alum Ridge Road. Offering # 2 and Offering # 3 are located approximately 800’ down Grace Lane on the Left.
Contact – Broker & Auctioneer Matt Gallimore at 540-239-2585 or email email@example.com ; Or contact Dale Moran – Realtor & Auctioneer at 540-392-9900
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 of 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 seller’s acceptance. A Buyer’s Broker Fee of (2%) is offered to VA Licensed Real Estate Brokers on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.
General Terms and Conditions – 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Winning and confirmed bidder will be expected to place an Earnest Money Deposit and sign the real estate purchase contract on the day of sale (September 30th 2021). Close on or before November 15th 2021. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence and have the responsibility to review the contract prior to bidding. Auction starts ending at 4 PM on September 30th 2021. 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.
Earnest Money Deposits
Offering # 1 = $5,000
Offering # 2 = $10,000
Offering # 3 = $10,000
In the event bidder purchases more than one offering, the Earnest money deposit will be the sum of indicated deposits above.