AUCTION CANCELLED. Property has SOLD prior to auction.
PROPERTY LOCATION
TBD Thomas Nelson Hwy (across from Nelson County High School)
Lovingston, VA 22949
Nelson County
Property is located on US-29 between 6980 Thomas Nelson Hwy and 8010 Thomas Nelson Hwy near Nelson County High School. Property also fronts Rt.56 at 12469 James River Rd, Shipman, VA. For preview days, agents wiil be at the main entrance at the cross-over across from Stevens Cove Rd.
AUCTION LOCATION
AUCTION CANCELLED. Property has SOLD prior to auction.
Live public auction held at:
Lovingston Winery
885 Freshwater Cove Ln, Lovingston, VA 22949
Online and phone bidding available with advanced registration (at least 24 hours prior).
DETAILS
Incredible land opportunity on US-29 in Nelson County, VA
- 683 acres offered in 5 tracts
- Beautifully wooded in mature hardwood timber
- Nearly 1 mile (5060 ft) of road frontage on the northbound side of US-29
- Property also has frontage on US-29S, both sides of Rt.56, and Stevens Cove Rd
- Dillard Creek, Town Creek, and several smaller streams flow through the property
- Public water, sewer, and fiber optic lines along US-29 plus public water along Rt.56
- Vehicle and ATV trails throughout
- Teeming with deer and turkey. Currently leased by a hunt club.
- Great location on US-29 between Lynchburg and Charlottesville
Offered in 5 Tracts
Tract 1: +/-388 Acres
- Excellent timber, development, & recreational tract across from Nelson County High School
- Over half a mile (2,8335 feet) of road frontage on US-29N
- Long frontage on Dillard Creek
- Trails throughout
- Borders the Oak Ridge Estate at the back of the property
Tract 2: +/-121 Acres
- Excellent timber, development, & recreational tract
- Great location in Lovingston. Borders the Village inn.
- 0.42 miles (2,224 feet) of road frontage on US-29N
- Long frontage on Dillard Creek and Town Creek
- Trails throughout
Tract 3: +/-147 Acres
- Excellent timber, residential, and recreational tract or include with Tracts 1 and 2 for additional development potential
- 892 feet of frontage on Rt.56 (98.5' to the right of the power station and 794.38 to the left of the power station)
- Long frontage on Dillard Creek and Town Creek
- Currently no entrance from Rt.56. A driveway will need to be installed.
Tract 4: +/-17 Acres
- Excellent residential or recreational tract near Lovingston
- 1,493' of road frontage on Rt.56
- Small creek
- Currently no entrance on Rt.56. A driveway will need to be installed.
Tracts 1-4 (Nelson County tax parcel 67-A-37) will be offered in tracts and as a whole. Tract 5 will only be offered by itself.
Tract 5: 10 Acres (Nelson County tax parcel 67-A-39B)
- Very nice corner parcel between Nelson County High School and Lovingston
- Nicely wooded
- 732' of road frontage on US-29S
- 840' of road frontage on Stevens Cove Rd
DIRECTIONS TO PROPERTY
- From Lovingston stoplight (McDonalds): US-29S 1mi to LEFT at Stevens Cove Rd crossover into property.
- From Charlottesville: US-29S 30mi to LEFT at Stevens Cove Rd crossover (1mi past Lovingston stoplight) into property.
- From Lynchburg: US-29N 28mi to property on right (just past Nelson County High School). Main entrance is at bottom of hill after crossing Dillard Creek.
PREVIEW DATES
An agent will be at the Tract 2 entrance on US-29 on the following days.
- Wed, May 27, 12-2
- Sun, May 31, 1-3
- Wed, June 3, 12-2
- Tue, June 9, 12-2
- Guided tours are available by appointment only. Call the office 434-847-7741 or come to a preview to schedule.
- Self-guided tours ok anytime. 4WD recommended when wet. Please do not damage any roads or trails.
TERMS SUMMARY
5% buyer's premium. 10% deposit. Closing on or about 30 days. High bid subject to approval by Seller. Click on "Terms" tab for full terms and conditions.
CONTACT
Mike Torrence
Torrence, Read, & Forehand Auctions
101 Annjo Ct, Forest, VA 24551
(434) 847-7741 Office
(434) 660-5159 Mobile
mike@trfauctions.com
or
Micah Torrence
(434) 610-3182
micah@trfauctions.com
683 Acres in Nelson County, VA
Auction Site: Live auction held at Lovingston Winery, 885 Freshwater Cove Ln, Lovingston, VA. Online bidding also available.
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 Special 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.
