Large Level Lot for Sale at Auction in Abingdon VA

Description

Large Level Lot for Sale at Auction in Abingdon VA

This large, level lot is perfect for your country home! It consists of 4.54 acres with public water available and underground power. Lot has been approved for a septic system. Property features great frontage on Wyndale Road. There are numerous recreational opportunities, plus trails for hiking and biking enjoyment nearby. Located just minutes away from The Bristol Commons noted for fine dining, shopping at Exit 7 and Interstate 81. Downtown Bristol, VA/TN, famous State Street, and historic Abingdon, VA are also close by. Don't miss this opportunity!

Online Auction Ending Friday, October 6th at 3 PM
TBD Wyndale Rd., Abingdon, VA 24210

Click Here for Bidder Packet
Click Here for Interactive Map

ONLINE BIDDING: Online bidding is now active and runs through 3 PM October 6th, 2023. SOFT CLOSE.

DIRECTIONS: From I-81 S Exit 7, turn right onto Old Airport Rd, straight onto Clear Creek Rd, straight onto Wallace Pike, and straight onto Wyndale Road. Property on the right. See sign.

CONTACT: Broker & Auctioneer Matt Gallimore at 540-239-2585 or email gallimore.matt@gmail.com; You can also contact Realtor, Bill Cordle at 276-701-3446 or email BillCordle1@gmail.com.

BIDDER PACK: Download Bidder Pack for complete information on each offering. 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, 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 Broker Fee of (2%) is offered to a cooperating VA State Licensed Real Estate Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 required on day of sale. Close on or before November 20th, 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. Auction starts ending at 3 PM on October 6th, 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. 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.