59 Wooded Acres in Galts Mill Landing

Amherst Co., VA
ABSOLUTE

PROPERTY LOCATION

Trey Ct
Madison Heights, VA, 24572
Amherst County

AUCTION LOCATION

Homewood Suites by Hilton
4021 Wards Rd, Lynchburg, VA
Online and phone bidding also available.

TRACT 1

  • 53.29 acres consisting of (6) tax parcels - 151-4-32 thru 37
  • Beautiful location near the James River
  • Part of Galts Mill Landing
  • Zoned A-1
  • Nicely wooded knoll with several great building sites and very few restrictions
  • No restrictions against hunting
  • Long frontage on Partridge Creek
  • Close to the James River
  • Accessed by 50' easement to Trey Ct
  • Keep as a large, private homestead, hunting retreat, or sell off multiple lots

TRACT 2

  • 6.2 acres at the corner of Wesley Ct and Trey Ct
  • Amherst County tax parcel 151-4-24
  • Beautiful location near the James River
  • Part of Galts Mill Landing
  • Zoned A-1
  • Nicely wooded building lot with very few restrictions
  • Close to the James River

DIRECTIONS TO PROPERTY

  • From Lynchburg, US-29N toward Amherst. Cross James River to 1st exit for 210W.  1/2mi to RIGHT on Riverview Rd (672). 2mi to RIGHT on Wright Shop Rd (622).  1/2mi to keep RIGHT on Galts Mill Rd. 7mi to LEFT on Wesley Dr (gravel drive with several mailboxes on right). 1mi to RIGHT on Trey Ct. Tract 2 is on right or, for Tract 1, proceed 1/2mi to LEFT onto right of way. Approx. 400' to Tract 1 on left and right. 4WD recommended but not required.

AGENT ON SITE (on Trey Ct at entrance to Tract 1)

  • Tuesday, Nov.8 from 3-5pm
  • Monday, Nov.14 from 3-5pm
  • 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. Each tract sells 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: Sells absolute to highest bidder.

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.