48 Acres with Airstrip

Nelson County, VA
ABSOLUTE

PROPERTY LOCATION

Riverbend Ln
Gladstone, VA, 24553
Nelson County

AUCTION LOCATION

Live auction held on site.
Online and phone bidding also available.

SUMMARY

  • 47.865 acres in River Bend with frontage on Richmond Hwy, Riverbend Ln, and McNeish Ln
  • Consists of reconfigured Nelson County tax parcels 97-2-13B, 15A, & 15B
  • Features a private airstrip with (2) hangers
  • Beautiful location near the James River and James River State Park
  • Zoned A-1
  • Mostly wooded in young hardwoods

TRACT 1

  • 17.109 acres being River Bend Lot 15B (Nelson Co. parcel # 97-2-15B)
  • Includes private airstrip consisting of gravel runway approx. 1100' long
  • Hanger #1: 32' wide x 25' deep with 8'6" clearance, concrete floor, metal siding, and metal roof
  • Hanger #2: 40' wide x 13' deep with 18' wide x 13' deep extension (total of 26' deep), 9' clearance, concrete floor, vinyl siding, and metal roof
  • Beautiful location near the James River
  • Zoned A-1
  • 936' of frontage on Riverbend Ln (private 50' right-of-way)
  • Gravesite near first hanger
  • Great residential tract with airstrip for your private plane, glider, or model planes 

TRACT 2

  • 15.507 acres being River Bend Lot 13B (Nelson Co. parcel # 97-2-13B)
  • Mostly wooded in young hardwoods
  • Beautiful location near the James River
  • Zoned A-1
  • 695' of frontage on McNeish Ln (private 50' right-of-way)
  • Small branch at rear of property
  • Great residential tract

TRACT 3

  • 15.249 acres being River Bend Lot 15A (Nelson Co. parcel # 97-2-15A)
  • Mostly wooded in young hardwoods
  • Beautiful location near the James River
  • Zoned A-1
  • 414' of frontage on Richmond Hwy (Rt.60)

DIRECTIONS TO PROPERTY

  • From Amherst. US-60E 13mi to LEFT on Riverbend Ln (private road). 1/4mi to Tract 1 on right.
  • From Appomattox,  Rt.26 to LEFT on US-60W. 2.5mi to RIGHT on Riverbend Ln (private road). 1/4mi to Tract 1 on right.

AGENT ON SITE (at entrance to Tract 1)

  • Sunday, Nov.20 from 1-3pm
  • Wednesday, Nov.30 from 3-5pm
  • Sunday, Dec.4 from 1-3pm
  • 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. 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 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. 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.