Land for Auction in Riner, Virginia

Land for Sale in Riner VA

Are you searching for your dream building site in Riner, VA? Look no further than these 4 lots that are being sold at auction. Properties are in the desirable Auburn school district and are less than 10 minutes from Christiansburg, Radford, I-81 and Blacksburg, VA. Auburn Golf Course is also close by. These tracts await your new home! Property is accessed by private drive off Fairview Church Road. All 4 tracts are subject to deed restrictions and road maintenance agreement which can be found in the Bidder Pack. Purchase 1 or multiple lots to get your desired acreage! This is known as Offering #2.

Online Auction Ends Wednesday, May 29th at 3 PM Fairview Church Rd., Riner, VA 24149

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Offering #2

Don't miss your chance to own this beautiful +/- 5.383 acre property in the desirable area of Riner, VA. Perfect for building your dream home, this tract offers multiple building sites and power easement from Offering #1. Property has been perked and is ready for your new home! Property also offers great views of the countryside. With easy access to I-81, Radford and Christiansburg, VA this property offers the perfect blend of privacy and convenience.

Properties have been approved and recorded at Montgomery County Courthouse.

DEED RESTRICTIONS - Deed Restrictions can be found in the Bidder Pack. Restrictions prohibit single-wide or double-wide manufactured/mobile homes, campers as a residence, commercial shooting ranges, unlicensed vehicles, commercial livestock/feed lots, and industrial or manufacturing activity. Refer to the Bidder Pack for complete Deed Restrictions.

ROAD MAINTENANCE AGREEMENTS - Each lot owner will contribute a maximum of $200/year for portion of road that meanders through Lot's # 1, # 2, # 3, and # 4. All four lots are subject to an existing road maintenance agreement with neighboring property not included in this auction. This section of road is the 30' strip extending from the southeastern corner of Lot # 1 extending to Fairview Church Road. According to the agreement, all lot owners will combine to pay half of maintenance cost for that portion with neighbor whose land is not included in this sale. Lot owners are not required to pay for surface treatment (gravel / pavement), only general maintenance, so it should be minimal. Refer to the Bidder Pack for both Road Maintenance Agreements.

CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Booie DeHart at 276-952-5061 or email BooieD@yahoo.com

DIRECTIONS: From Christiansburg - Take Route 8 S. (Riner Road) towards Riner. Turn right on Fairview Church Road, property on right. See signs.

From Floyd - Route 8 N. (Webbs Mill Road) towards Riner and Christiansburg. Turn left on Fairview Church Road, property on right. See signs.

Property entrance is by shared private road at 2886 Fairview Church Rd., Riner, which is the adjoining property. Adjoining property is not for sale.

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, 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 offering will need to be the high bidder on all offerings 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 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.

TERMS & CONDITIONS: 10% Buyer's Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 per offering is required on the day of sale. Close on or before July 15th, 2024. 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 3 PM on May 29th, 2024. 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.