Building Lots for Sale Near the Town of Floyd VA!
You have the opportunity to purchase these beautiful building lots for sale in Floyd VA at Online Auction. There are 8 offerings being sold simultaneously. Tracts are located on Long Level Road and Floyd Hwy S just minutes from the Town of Floyd VA. Great location convenient to the Town of Floyd VA, Christiansburg VA, Blacksburg VA, Radford VA, and Hillsville VA. These 1 +/- acre tracts are all open with level to gently sloping topography and nice country views. All tracts have been perked for a 3 bedroom septic. Tracts would make ideal home sites!
Property has current restrictive covenants that expire on November 8, 2023 and new restrictive covenants that will become effective on November 9, 2023. See bidder packet for details.
Note new restrictions further down the page and also in the bidder pack. Each buyer agrees to enter into an agreement that will provide for access to utilities for each lot.
Bidders desiring multiple tracts will need to be high bidder on all tracts desired. Each offering will stay open until all bidding is complete and all offerings will close simultaneously. (Offerings are numbered 2-9 to correspond with Parcel numbers)
Online Auction Ending Thursday January 12th @ 3 PM
Long Level Rd., & Floyd Hwy S., Floyd, VA 24091
Click Here for Property Video
Click Here for Bidder Packet
Click Here for Interactive Map – Be sure to open interactive map that shows boundaries, creek frontage, buildings, springs, and more. You can zoom in and click on icons and boundaries for additional information about property.
OFFERING #2 - This offering consists of 1.828 acres. Cleared and open land with road frontage along Floyd Hwy S (Route 221).
OFFERING #3 - This offering consists of 1.558 acres. Cleared and open land. Fronts on the corner of Floyd Hwy S and Long Level Road.
OFFERING #4 - This offering consists of 1.038 acres. Cleared and open land with frontage on Long Level Road.
OFFERING #5 - This offering consists of 1.08 acres. Cleared and open land with frontage on Long Level Road.
OFFERING #6 - This offering consists of 1.08 acres. Cleared and open land with frontage on Long Level Road. Has long range views.
OFFERING #7 - This offering consists of 1.08 acres. Cleared and open land with frontage on Long Level Road. Has long range views.
OFFERING #8 - This offering consists of 1.108 acres. Cleared and open land with frontage on Long Level Road. Has long range views.
OFFERING #9 - This offering consists of 1.202 acres. Cleared and open land with frontage on Long Level Road.
ONLINE BIDDING – Online bidding is now active and runs through 3 PM on January 12th, 2023. SOFT CLOSE.
DIRECTIONS – from Stoplight in Floyd, take Route 221 S (Floyd Hwy S) for approximately 2.4 miles to property on the left. On the corner of Floyd Hwy S and Long Level Rd. See signs.
NEW Restrictions -
CONTACT– Broker & Auctioneer Matt Gallimore at 540-239-2585 or email firstname.lastname@example.org or Darrell Hylton, Realtor at 540-250-0850
BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and soil work. Some of the plats in Bidder Pack have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.
SOFT CLOSE: If a bid is received within the last 3 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants.
SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring more than one lot will need to be high bidder on all lots desired. Each offering will stay open until all bidding is complete and all offerings will close simultaneously.
BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000).
PRE – AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest money deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted on a specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Buyer’s Broker Participation Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.
10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $2,000 per tract required on day of sale (January 12th, 2023). Close on or before February 27th, 2023. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Tracts are being offered individually and if bidder wishes to purchase multiple tracts, bidder will need to be the high/winning bidder on each offering desired. Auction starts ending at 3 PM on January 12th, 2023. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.