Real Estate Auction – Tazewell County, Virginia

Real Estate Auction | Tazewell County,
Virginia

Property Overview:

+/-122.36 acres of open farmland in
Tazewell County VA. Located on Barnes Lane off Route # 61 / East Riverside
Drive.

The property has three barns, a
brick-and-stone silo, multiple sheds, and outbuildings suitable for equipment
and livestock. Fully fenced. Former dairy operation and currently used for
cattle grazing.

The land has moderate topography with
open fields, pasture, good building sites, and long-range views of the Blue
Ridge Mountains. Suitable for continued agricultural use or private farm
ownership.

Approximately 11 acres
on the western portion of the property are within the Town of Tazewell limits.
The interactive map link below shows town limits, aerial imagery, and property
boundaries.

Property Features:

• ±122.36 acres of open farmland
• Three barns and brick-and-stone silo
• Multiple sheds and outbuildings
• Fully fenced
• Former dairy farm: currently cattle pasture
• Moderate topography
• Good building sites
• Blue Ridge Mountain views
• Portion located within Town of Tazewell

Important Property Information:

• Road Maintenance Agreement: Property access is via a 50-foot right-of-way
  from Route # 61 (East Riverside Drive) and is subject to a Road
  Maintenance Agreement. Purchaser acknowledges review and agrees the
  agreement will be executed and recorded at closing.
• Right-of-Way: A 15-foot shared right-of-way runs along the western boundary near
  the barns and provides access to the upper portion of the property. Shared
  with the neighboring property at 319 Barnes Lane.
• Water Source: Concrete water trough is supplied by a spring located on adjoining
  property. No water or spring rights will convey.
• Land Use Assessment: Property is currently
  taxed under land use assessment. Purchaser is responsible for applying for
  continuation and for any rollback taxes if disqualified or not filed.

Online Auction Ends Wednesday,
March 11th at 4 PM
230 Barnes Ln., North Tazewell, VA
24630

Click Here for Bidder Packet
Click Here for Interactive Map
Click Here for Property Video

CONTACT: Auctioneer
Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You
can also contact Realtor Bill Cordle (276) 701-3446 or email billcordle1@gmail.com

DIRECTIONS: From Tazewell, take
Route 16 S to Route # 61 (East Riverside Dr). Turn left on Route # 61, then
right on Barnes Ln. Property ahead. 230 Barnes Lane, North Tazewell 24630

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 $10,000 is required on the day
of sale. Close on or before April 27th, 2026. 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 March 11th, 2026. 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.