Land for Sale in Floyd VA
You have the opportunity to purchase land for sale at auction in Floyd County VA. There are 8 offerings available which are being sold simultaneously. The tracts are located on Laurel Branch Road just outside the Town of Floyd. Great location convenient to Floyd, Christiansburg VA, Blacksburg VA, Radford VA and Hillsville VA. Land is mostly open farmland with great views and frontage on Dodd’s Creek. Properties are great for building country homes or for farming. Bidders desiring multiple tracts will need to be high bidder on all tracts desired. Each offering will stay open until all bidding is complete and all offerings will close simultaneously. Easements for electricity available.
Online Auction Ending Thursday October 27th @ 4 PM
Laurel Branch Rd NW., Floyd, VA 24091
*OFFERING #’s do not match tract #’s on survey* Bids placed will be according to offering #’s shown on sale maps not final survey. Final Survey is located at end of Bidder Pack.
Click Here for Interactive Map – Be sure to open interactive map that shows boundaries, creek frontage, buildings, springs, and more. You can zoom in and click on icons and boundaries for additional information about property.
Click Here for Bidder Pack
OFFERING #1 - This offering consists of 25.548 acres. It is open farmland with Dodd Creek running through. Has about 2,108’ of Dodd Creek frontage. This would be an excellent homesite with gorgeous country views. You could also start a nice mini farm. 200’ of Laurel Branch Road frontage.
OFFERING #2 - This offering consists of 5 acres with a 1,305 square foot 2-bedroom, 1 bathroom home. Home and buildings sold as – is. The spring that serves the home is across the road on a tract that seller is retaining. Offering # 2 will have water rights to spring across the road. The line runs under Laurel Branch Road. Land has been perked for a 2-bedroom home. Home address is 231 Laurel Branch Road NW, Floyd VA 24091. 332’ of Laurel Branch Road frontage.
OFFERING #3 - This offering consists of 15.056 acres. It is open land with about 227’ of Dodd Creek frontage. This would be an excellent homesite with gorgeous country views. You could also start a nice mini farm. There is a barn on this tract and has been perked for a 3-bedroom home. 483’ of Laurel Branch Road frontage.
OFFERING #4 - This offering consists of 13.648 acres of open and wooded land. This would be an excellent homesite with gorgeous country views. You could also start a nice mini farm. There is a historical log barn on property. This tract has been perked for a 3-bedroom home. 498’ of Laurel Branch Road frontage.
OFFERING #5 - This offering consists of 46.8235 acres of open land and small portion of woods. This would be an excellent homesite with gorgeous country views. You could also start a nice mini farm. Access to this tract is by an existing 30’ wide strip between 443 and 471 Laurel Branch Road, Floyd VA. There is also 659’ of frontage on Laurel Branch Road. There is also a 20’ water line easement for the benefit of adjoining 38.08 acres that seller is retaining. This water line starts at reservoir on 38.08-acre tract, runs downhill through offering # 5 at the northwest corner. It runs south along western border then turns west at a 90-degree angle into 38.08-acre tract being retained by seller. See survey for complete information of 30’ access and 20’ water line easement that affects this offering.
OFFERING #6 - This offering consists of 65.542 acres of open and wooded land. This would be an excellent recreational tract with a country home with gorgeous views. 421’ of road frontage on Laurel Branch Road and two 50’ right of ways off driveway for 549 Laurel Branch Road, Floyd VA. Refer to survey in bidder pack for right of way locations.
OFFERING #7 - This offering consists of 13.035 acres of open land. This tract is located on opposite side of road from offerings # 1 - # 6. This would be an excellent homesite with gorgeous country views. 1003’ of frontage on Laurel Branch Road, Floyd VA.
OFFERING #8 - This offering consists of 10.943 acres of open land. This tract is located on opposite side of road from offerings # 1 - # 6. This would be an excellent homesite with gorgeous country views. 201’ of frontage on Laurel Branch Road.
ONLINE BIDDING – Online bidding is now active and runs through 4 PM on October 27th, 2022. SOFT CLOSE.
DIRECTIONS - From Floyd Stoplight, take Rt 221 South towards Hillsville, VA, just outside Town of Floyd right on Laurel Branch Rd beside Slaughter’s Supermarket, go 1/4th of a mile and property is on both sides of Laurel Branch Road.
CONTACT– Broker & Auctioneer Matt Gallimore at 540-239-2585 or email gallimore.matt@gmail.com
DEED RESTRICTIONS: Deed Restrictions will be placed on property prior to closing. Deed Restrictions will restrict the following. No Industrial, feed lots, chicken farms or poultry houses, trailer parks, single-wide mobile homes, and junk yards or junk cars. Double-wide mobile homes on permanent foundation will be allowed.
WATER TROUGHS and LINES – There are water troughs located throughout the property that access water from the well located on 549 Laurel Branch Road, Floyd VA. Seller is retaining that tract and water rights will not be granted to the troughs from that well. Purchasers will need to install their own wells. There is a map that shows location of waterlines in bidder pack.
BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and soil work. Some of the plats in Bidder Pack 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 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.
SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring more than one lot will need to be high bidder on all lots desired. Each offering will stay open until all bidding is complete and all offerings will close simultaneously.
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).
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 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.
