PROPERTY LOCATION
1376 Franklin Pike SE, Floyd, VA 24091
Floyd County
AUCTION LOCATION
Live auction held at:
Floyd EcoVillage Event Center
188 EcoVillage Trail SE
Floyd, VA
Online and phone bidding also available
DETAILS
Long Island Lumber, based in Long Island, VA, operates (3) facilities across Virginia. A change in business model has moved operations from their Floyd facility and opened up a great opportunity for anyone looking for a top notch, well-planned, well-built facility in the New River Valley area.
THE FACILITIES
- Highlighting the facilities are (2) steel buildings offering a total of 25,500 square feet
- Building 1: 13,500 sq.ft. steel building
- Built in 2014
- 80' x 150' shop offers an 20' eave height (18' clear hgt), R10 insulation, and is heated via chip burner.
- (4) 20' wide x 18' high drive-in overhead doors and (2) loading doors
- Office area with dedicated heat pump offers a reception area, private office, breakroom, full bath, and a utility room
- Tool room
- Concrete skirting
- Trailer loading system
- Dust collection system
- Steel air lines
- 3-phase electric.
- Building 2: 12,000 sq.ft. steel building
- Built in 2015
- 100' x 120' shop with 20' eave height (18' clear hgt)
- Mezzanine office / break room with bath (dedicated split system heat pump)
- Floor level urinal closet
- (1) 20' wide x 18' high drive-in door
- Steel air lines
- Heated via chip burner
- Outdoor chip burner (Heat Master B500 by SteelTech Inc) used to heat both shops
- Nearly 5 acre lumber yard
- Prime corner offering +1,850' of frontage on Franklin Pike and +990' on Shooting Creek Rd with excellent access and exposure off both roads.
- Total of 31.689 acres consisting of (3) tax parcels
- Fiber optic internet available.
LOCATION
Beautifully situated just 2 miles from the Town of Floyd at the intersection of Franklin Pike SE and Shooting Creek Rd SE with excellent access and exposure from either road.
- 2.4mi to US-221 and Town of Floyd
- 14mi to VA-40
- 27mi to I-81
- 34mi to I-77
OFFERED IN 2 TRACTS AND AS A WHOLE
- Tract 1: 22.444 acres with the facilities. Tax map #s 56D-10 & 56D-14
- Tract 2: 9.245 acre vacant lot. Tax map # 56D-9. Can be used for a variety of uses including commercial, residential, and agricultural. Ideal for a home site.
PREVIEW DATES
- Thursday, April 11 from Noon-2PM
- Wednesday, April 17 from Noon-2PM
- Tuesday, April 23 from Noon-2PM
- Thursday, May 2 from 3-5PM
- Private tours may be available other days by appointment. Call Micah Torrence 434-610-3182
DIRECTIONS TO PROPERTY
- From Floyd: US-221N 1/2mi to RIGHT on Franklin Pike SE (681). 2.4 to intersection with Shooting Creek Rd SE. Property across the intersection on right.
- From Roanoke: US-221S 35mi to LEFT on Shooting Creek Rd SE (860). 1.7mi to intersection with Franklin Pike SE. Property across the intersection.
REAL ESTATE AGENTS
2% commission available. Call or email micah@trfauctions.com for registration form.
TERMS SUMMARY
10% deposit due day of sale by cash or good check. 5% buyer's premium. High bid subject to approval. Balance due on or about 30 days. Click on "Terms" tab for full terms and conditions.
CONTACT
Micah Torrence
Torrence, Read, & Forehand Auctions
101 Annjo Ct, Forest, VA 24551
(434) 847-7741 Office
(434) 610-3182 Mobile
micah@trfauctions.com
Long Island Lumber Facility, 1374 Franklin Pike SE, Floyd, VA (Floyd County)
Auction Site: Floyd EcoVillage Event Center, 188 Eco Village Trail SE, Floyd, VA
Terms: Property sells "AS-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 liens.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30AM day of sale. See listing for auction location. You may also pre-register on our website or phone app. Deadline for phone and online bidding registration is 6PM EST on the day prior to the auction. A valid form of identification (i.e. driver's license) may be required to register onsite or online.
Online Bidding: Online bidding is available for your convenience. However, due to the technical nature of online bidding, bidder acknowledges that this service may or may not function correctly the day of the auction. Torrence, Read, & Forehand Auctions will not be responsible for missed bids from any source. Online bidders who desire to make certain their bid is acknowledged should use the prebidding function and leave their maximum bid 24 hours before the auction begins. Winning bidders will be notified by email and/or phone and receive instructions for signing the Contract of Purchase (must be returned within 24 hours) and submitting the Deposit (see below).
Announcements: Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.
Approval: High bid(s) subject to approval by Seller.
Buyer's Premium: A 5% buyer's premium will be added to the high bid to determine the final sales price.
Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or good check. Online bidders may overnight deposit or wire transfer funds so it is received within 2 business days.
Closing: Balance of Purchase Price shall be due at closing on or about 30 days after the sale.
Agency: The auction company and its representatives represent the sellers.
