Land for Sale in Callaway VA!
You have the opportunity to purchase some beautiful land for sale in Callaway VA! There are 2 offerings available which consist of a 22 acre tract and a 15 acre tract. This tract is known as Offering 1 and is 22.6 acres. Both tracts have cleared building sites, easy access with driveways in place and gorgeous views. Both tracts are a mixture of wooded and cleared land and are in a peaceful, private setting. It is believed that you have a view of 7 counties and 2 states from the properties. There is an option to place in forestry land use. Scoop up one of these great properties, or both! Imagine building your dream home with views like these! You can kick back and enjoy the stunning sunrises and sunsets each day. These properties would also be great for recreational use! Very convenient to Floyd VA, Franklin County VA, Roanoke VA, Christiansburg & Blacksburg VA.
Tracts will be offered individually. If bidder wishes to purchase both tracts, bidder will need to be the high/winning bidder for both Offerings.
Offering 1 – This offering features a 22.6 acre tract which offers amazing 180 degree views and amazing potential building spots. This tract has a creek along the bottom edge.
Offering 2 – This offering features a 15.15 acre tract offers incredible views toward Smith Mountain lake and excellent potential building sites.
TBD Five Mile Mountain Rd Callaway VA 24067
Online Auction Ending Thursday August 18th @ 4 PM
Click Here for Interactive Map
Click Here for Property Video
Click Here for Bidder Pack
Online Bidding – Online bidding is now active and runs through 4 PM on August 18th, 2022. SOFT CLOSE.
Directions – From the Town of Floyd – Travel 221 N towards Roanoke – Right on Franklin Pike – Travel approximately 12 miles – see sign on Right.
Contact – Broker & Auctioneer Matt Gallimore at 540-239-2585 or email gallimore.matt@gmail.com; Or contact Levi Cox Realtor at 540-230-7162 or email LeviCox87@gmail.com
GENERAL TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 per offering required on day of sale (August 18th 2022). Close on or before October 3rd 2022. 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 both tracts, bidder will need to be the high/winning bidder on both offerings. Auction starts ending at 4 PM on August 18th 2022. 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.
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 of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest 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 and on which 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 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.
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.
BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final bid price place online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyer’s Premium shall 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).
