PROPERTY LOCATION
Lynchburg Area
See location of each lot below in descriptions
AUCTION LOCATION
Live auction at:
Homewood Suites by Hilton
4021 Wards Rd, Lynchburg, VA
Online and phone bidding available.
Property #1: 5.8 Acres on Charldon Rd, Lynchburg, VA (Campbell Co)
- Great Campbell County building lot in Lo Ray Acres subdivision
- Two tax parcels being sold together with a total of 5.8 acres including:
- 1) Campbell County parcel 21D-5-A-100. Beautiful, level 100’x200’ (0.459 acre) building lot for your home with big, level yard and large mature oaks.
- 2) Campbell County parcel 21D-5-A-26A. Adjacent 5.41 acre of wooded green space for gardens, walking trails, recreation, ball fields, and more. * Use of this parcel was dedicated to subdivision so CANNOT build permanent structures on this parcel. Perc site for building lot is on this parcel.
- 5 acres of personal park behind your house or just a short walk to Timbrook Park
- Easy access to Leesville Rd, Waterlick Rd, US-460, and Liberty University
AGENT ON SITE
- Self-guided tours ok anytime during daylight hours
DIRECTIONS TO PROPERTY
- From Liberty University, US-460W to Leesville Rd exit. At end of ramp, RIGHT on Leesville Rd to 2nd RIGHT on Charldon. 1/4mi on left just after White Pine Dr.
TERMS SUMMARY
- 10% deposit due day of sale by cash or good check. Closing on or about 30 days. 6% buyer's premium. Sells absolute to the highest bidder. Click on "Terms" tab for full terms and conditions.
Property #2 & #3: Moormans Rd, Lynchburg, VA | Near University of Lynchburg | Offered in 2 Tracts
- 1708, 1710, & 1712 Moorman's Rd, Lynchburg
- Great college location just off Lakeside Dr near new traffic circle
- Zoned R2
- Offered in 2 tracts
- Tr.1 4.4ac being Lynchburg parcels 16505016 and 16505017
- Tr.2 0.9ac being Lynchburg parcel 16505018
AGENT ON SITE
- Self-guided tours ok anytime during daylight hours
DIRECTIONS TO PROPERTY
- From University of Lynchburg, take Lakeside Dr 0.8mi to RIGHT on Moormans Rd. 0.2mi on left (just after 1714 Moormans Rd)
TERMS SUMMARY
- 10% deposit due day of sale by cash or good check. Closing on or about 30 days. 6% buyer's premium. Sells absolute to the highest bidder. Click on "Terms" tab for full terms and conditions.
Property #4: 517 Alleghany Ave, Lynchburg, VA | off Memorial Ave near F&L Market
- 2-story home on Alleghany Ave
- 0.1 acre
- Zoned B-5 General Business
- 1144 sq.ft., 2 bedrooms, 1 bath needs a fair amount of cleaning out and repair
- Located just off Memorial Ave next to F&L Market
- Tax assessed at $24,500
AGENT ON SITE
- Self-guided tours ok anytime during daylight hours
- Interior photos available on the online bidding site
DIRECTIONS TO PROPERTY
- From Lynchburg City Stadium, take Wythe Rd, cross over Fort Ave, and continue onto Oakley Ave. RIGHT at first stop light onto Memorial Ave. 0.2mi to LEFT on Alleghany Ave just before F&L Market. 1 block on left just before Cornerstone Educational Supply.
TERMS SUMMARY
- 10% deposit due day of sale by cash or good check. Closing on or about 30 days. 6% buyer's premium. Sells absolute to the highest bidder. Click on "Terms" tab for full terms and conditions.
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. 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: Property sells absolute to the highest bidder(s).
Buyer's Premium: A 6% 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.
