Valuable Real Estate For Sale At Online Auction
Closing November 8, 2023 @ 1:00 PM

In partnership with Lee & Associates Real Estate we are offering at online auction the real estate located at the corner of Lee Highway (Rt 11) and Valley College Circle in Weyers Cave VA. This 0.99 +/- acre property Augusta County VA property is zoned General Business and is well suited for a variety of retail and commercial uses. It is located on a high traffic corner right off I-81 at exit 235. Recent residential and commercial development have made this an attractive area for new business. Get in on this great opportunity!

We all know that in real estate location is the most important thing and this property is in the right location. Blue Ridge Community College is less than a mile away and The Landings apartments are within sight of the property.  Valley Pike Market and numerous gas stations are in close proximity. New businesses are locating in the area, and the I-81 interchange is being updated for more traffic. All of this adds up to a great opportunity for forward thinking investors or business owners. Get your bids in before it's gone! 

This Is An Online Only Auction - All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid.

The bidding for this property will close at 1:00 PM November 1, 2023 with a two minute auto extend.  This means that if a bid is placed within the last two minutes the bidding will be extended for an additional two minutes.

This property sells subject to seller confirmation with a starting bid of only $25,000

We Guarantee A Free And Clear Deed To The Property!

Property Tour Dates: You are welcome to visit and walk the property at anytime. If you would like an agent to show you the property or answer any questions you may have please Call Linford Berry (Auctioneer) at 540-476-3309 or David Lee (Real Estate Agent) 540-820-1422 for more information or for an appointment to tour the property.

Property Highlights:

• Conveniently Located Directly Off I-81 Exit 235

• Frontage On Lee Highway With AADT Of Over 7,000 Vehicles

• Located Near Blue Ridge Community College, Gas Stations, and Valley Pike Market

• Recent Residential and Commercial Development Nearby

• Excellent Investment Or Build To Suit

• Zoned General Business

• Municipal Water and Sewer Lines On The Property

Additional Information Can Be Found At The 'Docs' Tab At The Top Of The Listing and By Clicking The “Bid Online Now” Button.

This property is being sold AS-IS with no financing/appraisal/inspection contingencies and with no warranties of any kind. Seller guarantees clear title to the property. Bidders are encouraged to enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections must be performed prior to the auction.

Payment Terms: (See our complete terms at the tab above). Payment will be in the form of Cash or Cash Equivalent with a $20,000 non-refundable deposit for each tract, due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing on or before 45 days. Deposit will be applied to the purchase price at closing. If you are getting financing for this property please be pre-approved and be confident that you will be able to close within 45 days. 

Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a 100,000 bid would have a buyers premium of $10,000 added for a total purchase price of $110,000).

Note For Real Estate Agents: Preapproved (No later than 5:00 PM on Tuesday November 7, 2023) buyers agent participation will be compensated. (See Documents Tab For Form)