1100 Mt Athos Rd, Lynchburg, VA 24501 - Campbell County

MINIMUM BID AUCTION: 413+/- Wooded Acres on Mt Athos

Wednesday, Jan. 29, 2014 at 12:30PM

AUCTION HELD OFF-SITE: Hilton Garden Inn, 4025 Wards Rd, Lynchburg, VA

DETAILS

Great Campbell County location just outside the city of Lynchburg.

Just off US-460 on Mt. Athos Rd

Located across from the James River and B&W (one of Lynchburg's largest employers)

Public boat landing nearby

Totally wooded

Encompasses a large portion of Mount Athos

Topography is level to steep

Zoned I-H (Heavy Industrial)

Offered in 4 tracts

Sells with bid of $1,000/acre or greater excluding Tract 4 (cell tower tract) which is subject to confirmation

TRACTS

TRACT 1: 156+/- Acres

Totally wooded with nice hardwoods along the front and extending up to and over the ridge. Some areas in back (approx 50+/- acres) timbered 15-20 years ago and now in young hardwoods.

Approx. 3,200' of frontage on Mt Athos Rd

Road frontage is level to steep

Entrance road already in place and continues up and across the ridge of Mt Athos

Topography is hilly to steep

Scenic views of the James River and neighboring countryside

Several 4-wheeler trails on property

Rear of property borders old railroad bed

Consists of 4 tax parcels: 8-6-A, 8-6-D, 8-1-14, 8-1-14C

Two large water storage tanks on property

Sells to highest bidder with a bid of $1,000 per acre or greater

TRACT 2: 207+/- Acres

Totally wooded in nice hardwoods

Approx. 1,950' of frontage on Mt Athos Rd

Road frontage is mostly level to rolling

Currently no driveway off of Mt Athos Rd

Private access road through the rear corner of the property off Carriage Court Lane (neighboring property has access easement along road)

Topography is level to steep

Great views along the ridge

Several 4-wheeler trails throughout property

Near public boat landing

Portion of tax parcel 8-1-8

Sells to highest bidder with a bid of $1,000 per acre or greater

TRACT 3: 46+/- Acres

Totally wooded in nice hardwoods

Approx. 1,184' (200' + 984') of frontage on Mt Athos Rd

Road frontage is mostly level to steep

Currently no driveway off of Mt Athos Rd

Topography is level to steep

Great views along the ridge

4-wheeler trail along ridge

Across from public boat landing

Portion of tax parcel 8-1-8

Sells to highest bidder with a bid of $1,000 per acre or greater

TRACT 4: 4+/- Acres

Totally wooded in nice hardwoods

400' of frontage on Mt Athos Rd

Road frontage is mostly level to rolling

Currently no driveway off of Mt Athos Rd

A 100' x 100' portion of the property has been leased for a cell tower. Annual rent is $13,008 (refer to lease for complete details)

Topography is level to steep

Across from Central Virginia Federal Credit Union

Near public boat landing

Portion of tax parcel 8-1-8

Sells subject to confirmation by seller

AGENT ON SITE

Wednesday, Jan.15 from 12-2 PM

Friday, Jan.24 from 12-2 PM

For scheduled previews, agent will be at the entrance to Tract 1

Private Showings By Appointment. Call 434.847.7741

DIRECTIONS

From Lynchburg: Take US-460E to the Mt Athos exit. One mile to property on right (across from B&W).

Click Here for MAP

REAL ESTATE AGENTS: 2% Commission Available

A 2% commission will be paid at closing to any broker licensed in Virginia whose agent properly registers a successful high bidder. Broker Registrations must be received by Tuesday, Jan. 28, 4:00 p.m.

Realtors: Click Here for Broker Registration Form

TERMS AND CONDITIONS

Terms:

Property sells AS-IS, "WHERE-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.

Warranty:

All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.

Title:

Seller will convey title by General Warranty Deed free and clear of all leins.

Registration:

Bids will be accepted only from registered bidders. Registration begins at 11:30 AM day of sale. Please bring a valid form of identification (i.e. drivers license)

Announcements:

Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.

Buyers Premium:

5% buyers premium added to bid price to determine final contract price.

Deposit:

Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or company or personal check with ID.

Closing:

Balance of Purchase Price shall be due and payable in collected funds on or about 30 days after the sale.

Agency:

The auction company and its representatives represent the sellers.