Identified as Botetourt County Tax Parcel 18298 and tax assessed for $699,300.
(4) 285,000± Bushel Tanks
(2) 14,500± Bushel Tanks
1,470,000± Bushels of storage
The seller contracted with Apogee Crane LLC of Plymouth, NC to preform an on site walk thru
inspection and their report will be available on this page.
- 2 hopper tanks, dryers, conveyors, elevator legs
- 15,000-gallon horizontal LP Tank. Built in 1983 by National Butane Gas Co.
- Cardinal Pit Style Truck Scale. 10’x60’ deck, digital outdoor display, digital indoor display and printer.
- Farm Fans model CF2000M LP Gas fired dryer 6,230 hours. Serial Number O-20004.
- Property was served by rail siding connection to the east track of the CSX mainline but has been removed.
Located 20 miles from I-81 and 15 miles from I-64, across the James River from US 220 for easy access to destinations north, south, east or west.
Basic Terms & Conditions of the Auction
- This Auction is being conducted subject to the Terms and Conditions of Sale and the Sealed Bid Auction Real Estate Purchase Agreement.
- BIDDER’S INFORMATION PACKET: Detailed Bidder’s Information Packets containing the Sealed Bid Auction Real Estate Purchase Agreement and bidding instructions are available from our office via email, fax or mail order.
- A Bid Packet MUST be obtained and documents filled out with a deposit to submit a bid.
- AUCTION SALE AND BIDDING: The property is hereby offered by sealed bid auction subject to Seller confirmation. To participate and bid in the auction, your fully executed Sealed Bid Auction Real Estate Purchase Agreement (contained in the Bidder’s Information Packet) must be received by the Auction Company on or before 12:00 PM ET, April 9, 2025.
- BID BASIS: Bidding is by lump sum bid, not per acre.
- Initial bids are due at the offices of Woltz & Associates, Inc., 23 Franklin Road, Roanoke, VA 24011 by NOON on April 9, 2025.
- Bids will be opened at Noon and the top three bidders will be notified by phone call and email of the highest bid and those THREE ONLY will be allowed to increase their bids if they choose by Noon on April 10, 2025. If the top three bidders wish to issue a higher bid this will be done by email of the Round Two Purchase Offering to hannah@woltz.com by NOON on April 10, 2025. If they choose not to increase their offer, their original offer will stand. All bids are final.
- BUYER’S PREMIUM: A Ten percent (10%) buyer’s premium must be added to the high bid to determine the total Purchase Price.
- TIE BIDS: In the event of any tie bids, Seller may accept the bid of Seller’s choice, or Seller may elect to allow the tie bidders to make their best and final offer.
- The property is being sold “AS IS, WHERE IS” with all faults in its condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise.
- Your bidding and purchase of the property is NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
- Bidders inspecting property enter at their own risk.
- REAL ESTATE DEED AND SETTLEMENT: The balance of the purchase price is due at settlement on or before May 28, 2025. The real estate will be conveyed by general warranty deed free and clear of liens, subject, however, to any rights of way, easements, agreements, and restrictions of record.
- THE REAL ESTATE COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
The information contained on the website is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Real Estate Company. - Boundaries on aerial photography are approximate.
- The accepted sealed bid will require a 10% deposit either by check in hand or wire initiated to Woltz & Associates, Inc. Escrow account by 3:00pm on April 10, 2025. For wiring instructions, please email hannah@woltz.com or call 540-342-3560.
Held in conjunction with Murray Wise Associates, LLC
