Development Opportunity
for Sale at Auction in Pulaski VA
Are you looking for your
next real estate investment? Look no further than these 4 offerings in Pulaski
County VA that are being sold at auction. This sale features a total of +/- 35
acres that is split into 4 adjoining lots. Acreages from 4.3 to 13 acres. The
location provides easy access to Volvo, I-81, Route 11, Lewis Gale Pulaski,
Walmart and the New River Valley. Offerings adjoin, so you can purchase one or multiple
offerings to get your desired acreage!
Deed restrictions will
be put into place prior to closing, to prohibit commercial feed lots,
singlewides, doublewides, mobile home parks and junkyards.
OFFERING #1: +/- 13.009 ac
This +/- 13.009 acre property is
accessed off Peppers Ferry Road making for easy access. It is level and lays
nicely with access to public utilities. This tract is a mix of wooded and open
land. It is zoned Low Density Residential (formerly known as R1) with Pulaski
County.
OFFERING #2: +/- 9.50 ac:
This +/- 9.500 acre property is
accessed off Beck Ln. It is level and lays nicely with access to public
utilities. This offering is mostly cleared. Property is zoned Low Density
Residential (formerly known as R1) with Pulaski County. There
is a 50ft ROW to Offering #4 that runs through Offering #2 and along the border
of Offering #3. Offerings #2, #3 and #4 will have rights to us the said ROW
for ingress, egress, construct a road within the right of way and maintain the
road. See survey for exact location of ROW.
OFFERING #3: +/- 8.459
ac
This +/- 8.459 acre property is
accessed off of either Beck Ln or Vaughn Ln. It is level and lays nicely with access
to public utilities. This offering features mostly cleared land with a small
wooded section. Property is zoned Low Density Residential (formerly known as
R1) with Pulaski County. There is a 50ft ROW to Offering #4 that runs through
Offering #2 and along the border of Offering #3. Offerings #2, #3 and #4 will
have rights to us the said ROW for ingress, egress, construct a road within the
right of way and maintain the road. See survey for exact location of ROW.
OFFERING #4: +/- 4.347
ac
This +/- 4.347 acre property is
accessed off Beck Ln. It is level and lays nicely with access to public
utilities. Tract is all cleared land. Property is zoned Low Density Residential
(formerly known as R1) with Pulaski County. There is a 50ft ROW to Offering #4
that runs through Offering #2 and along the border of Offering #3. Offerings
#2, #3 and #4 will have rights to us the said ROW for ingress, egress,
construct a road within the right of way and maintain the road. See survey for
exact location of ROW.
Online Auction Ends
Wednesday, November 12th at 3 PM
Offering #1: Peppers Ferry Rd., Pulaski, VA 24301
Offering #2 & #3: Beck Ln., Pulaski, VA 24301
Offering #4: Kensington Ln., Pulaski, VA 24301
Click Here for
Bidder Packet
Click Here for
Interactive Map
Click Here for Property Video
Click Here for Zoning
CONTACT: Auctioneer
Matt Gallimore at (540) 239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Booie DeHart at (276) 952-5061
or email BooieD@yahoo.com.
DIRECTIONS: From the
Town of Pulaski, take Route 11 towards Dublin, to a right onto Memorial Dr., to
a left on Peppers Ferry Road. Properties are on the right. See signs.
BIDDER
PACK: Download Bidder Pack for complete information. 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 or after 3 PM,
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 the
high bidder on all offerings desired. Each offering will stay open until all
bidding is complete, and all offerings will close simultaneously.
BUYER’S PREMIUM – TEN
PERCENT (10%): Buyer’s Premium shall be added to the final online bid,
which will determine the Total Contract Sales Price. Bidders hereby acknowledge
and understand that the Buyer’s 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% buyer’s premium = total
purchase price of $110,000). Buyer’s 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
seller’s 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 Bidder’s Agreement, maps, sample
contracts, and property information.
Levi Cox
