PROPERTY LOCATION
230 Maple Hills Dr
Lynchburg, VA 24502
(off Graves Mill Rd)
AUCTION LOCATION
Homewood Suites by Hilton
4021 Wards Rd, Lynchburg, VA 24502
Online and phone bidding also available.
DETAILS
Great location close to Rosedale, a NEW 62 acre mixed use development currently under construction and the newly announced Wawa location. Located in the heart of numerous businesses, industries, financial institutions, restaurants, shopping centers, assisted living facilities, and residential developments.
- Lot Size: 8.549 Acres
- Zoning: B1 Business
- Access: Maple Hills Dr & private drive off Lillian Ln
- Water: Public
- Sewer: Public
- Topography: Lays well. Gentle slope from front to back.
- Location: Great location near Forest, with easy access to US-221 and the Lynchburg Expressway (US-29 / US-501). Adjoins Bentley Commons Assisted Living, Heritage Green Assisted Living, and Millside Centre (medical, dental, & financial offices)
- Last List Price: $395,000
- Tax Assm't: $175,000
Ideal business location in a rapidly growing area or rezone for residential development.
DIRECTIONS TO PROPERTY
- From Graves Mill Rd turn on Lillian Ln next to American National Bank. RIGHT on first gravel road to property on left across from Bentley Commons.
- From US-221 turn onto Maple Hills Dr (between Subway and Scotts Mulch) and follow to end.
AGENT ON SITE
Agent will be on private drive off Lillian Ln behind Bentley Commons to provide information and answer questions on the following dates:
- Thu, Mar.7 from 12-1pm
- Thu, Mar.21 from 12-1pm
- Other dates available by appointment.
- Self-guided tours ok during daylight hours
TERMS SUMMARY
- 10% deposit due day of sale by cash or good check. Closing on or about 30 days. 5% buyer's premium. Sale subject to Seller approval. 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: High bid 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.
