Auction Information

124 Acres in the City of Danville

Golden Corral, 195 Holt Garrison Pkwy, Danville, VA, Danville, VA

03/25/2017, 10:00 AM

AUCTION: 124 Acres in the City of Danville VA

Incredible development opportunity inside the city limits of Danville just off N. Main St and US-29 Business. 124 acres offered in 7 tracts and as a whole with approx. 1.5 miles of road frontage (3405' fronting Seminole Dr and 4790' fronting Kirk Dr). Road frontage is entirely in the City of Danville (approx. 65.8 acres), lays well, and zoned T-R Threshold Residential District. Excess acreage (approx. 58.2 acres) is located in Pittsylvania County and zoned B2 Business General. Water and sewer is available. Conveniently located just off US-29 Business / N. Main St at the Food Lion Shopping Center, National Guard building, Social Security office, and Virginia Bank & Trust. Ideal for development or prime home sites.

Offered in 7 Tracts & as a whole

Tract 1: 30.0 acres adjoining NorthPointe Apartments with 325' of frontage on Seminole Dr. Road frontage is in Danville but the majority o...

Tract 1: 30.0 acres adjoining NorthPointe Apartments with 325' of frontage on Seminole Dr. Road frontage is in Danville but the majority of the acreage is in Pittsylvania County

Tract 2: 30.7 acres with great development potential and 1080' of frontage on Seminole Dr and 1500' of frontage on Kirk Dr.

Tract 3: 24.3 acres with 900' of frontage on Kirk Dr. Add to Tract 1 and/or 2 to increase development potential.

Tract 4: 11.5 acres with 900' of frontage on Kirk Dr. with scenic knoll.

Tract 5: 15.3 acres with 950' of nice frontage on Kirk Dr.

Tract 6: 6.2 acre corner parcel with 400' fronting Seminole Dr and 540' fronting Kirk Dr. Good views from this parcel.

Tract 7: 6.8 acre tract, mostly open, lays well, and offers long frontage (1600') on Seminole Dr. Excellent development potential.

PREVIEWS

Tues, Mar.8 from 3-5

Thur, Mar.16 from 12-2

Sun, Mar.19 from 12-2

Thur, Mar.23 from 12-2

Day of sale from 8-9am

Self-guided tours ok anytime

REAL ESTATE TERMS AND CONDITIONS

Terms:

Property sells AS-IS, "WHERE-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 General Warranty Deed free and clear of all liens.

Registration:

Bids will be accepted only from registered bidders. Registration begins at 9:00 AM day of sale. Please bring a valid form of identification (i.e. drivers license)

Announcements:

Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.

Buyers 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 company or personal check with ID.

Approval:

The high bid(s) is subject to approval by the Seller.

Closing:

Balance of Purchase Price shall be due and payable in collected funds on or about 30 days after the sale.

Agency:

The auction company and its representatives represent the sellers.

From elevation to risk assessment

Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.

Research Parcel Information