Brick Ranch for Sale at Auction in Floyd Va

Description

Brick Ranch for Sale at Auction in
Floyd VA

Are you searching for a real estate investment? Look no
further than this 2 bedroom, 1 bath brick ranch in Floyd, VA. The original part
of the home was built in 1875, however, the home has been added onto and
renovated since. Throughout the 1,212 sq. ft, you will find a mix of hardwood
and linoleum flooring. The refrigerator and range convey. Home is heated by
propane and is cooled by a window AC unit. This property is a good starter home
or would be ideal for someone looking for a rental investment.

Situated on a generous +/- 4.47 acre lot, this property boasts a large open
yard and small creek. The detached 3 bay garage is complete with electric and
concrete floors, making for the perfect spot for vehicles, a workshop or extra
storage. Property is located near the Blue Ridge Parkway and less than 10
minutes from the Town of Floyd.

Property is in 2 tax parcels with
Floyd County; however, it is being sold as one offering. The acreage amount
that is being advertised (+/- 4.47) is from the tax cards. There is no survey
on the property. The seller, at sellers’ expense, will perform a survey that
will be recorded at closing to determine the exact acreage and boundary lines.

Online Auction Ends Wednesday, July 16th
at 4 PM
606 Haycock Rd., Floyd VA 24091

Click Here for Bidder
Packet
Click Here for Interactive
Map

CONTACT: Auctioneer Matt
Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Levi Cox at 540-230-7162 or email LeviCox87@gmail.com

DIRECTIONS: From Floyd, VA – from the
E Main St & Barberry Rd intersection, take Barberry Road. Cross the Parkway
and follow Haycock Rd to the home on the right. See sign.

BIDDER PACK: Download Bidder Pack
for complete information. Bidder Pack has maps, complete terms and conditions,
sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack
may 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 2 minutes of the auction or after 4 PM, 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 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). Buyer’s Premium is not due until closing.

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
off 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
Referral Fee of 2% of the high bid is offered to a cooperating VA State
Licensed Real Estate Salesperson/Broker on any pre-auction offers that are
properly completed and submitted on the appropriate forms provided. Download
Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property
information.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added
to final high bid to arrive at contract price. Earnest Money Deposit
of $5,000 is required on the day of sale. Close on
or before September 2nd, 2025. Subject to seller
confirmation. Property sold as is, where is with any and all faults. Buyer is
expected to complete their own due diligence before placing a bid. Auction
starts ending at 4 PM on July 16th, 2025. 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. Be sure to register to
bid early to ensure you receive notifications regarding any changes to the
Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder
Information Pack for complete terms and conditions, purchase contract and maps.