134 Butlers Rd, Amelia Court House, VA 23002 - Amelia County

Multi-Parcel Auction: 65 Acre Mining Tract in Amelia

Wednesday, May 22 at 12:30 PM

AUCTION SITE: Amelia Golf & Country Club

9711 Wayside Ave

Amelia Court House, VA 23002

DETAILS for 65 Acre Mining Tract

65 acres being tax map #33-29A

Located at 134 Butlers Rd, Amelia Court House, VA next to the Moorefield Gem Mine

Zoned M-2 with permit for mining

Approx. 1/3 open and 2/3 wooded

Currently on a 30 year lease until March 2019 with Martin Marietta Corp. for $10,000 per year. If mining begins, rent becomes $30,000 min. per year with royalties. See DOWNLOADS for lease.

The mining lease provides for mining rock, stone, gravel, sand, soil, limestone, and/or earth

Purchaser retains all other rights to use, enjoy, timber, oil, gas, other minerals except those above, etc

Minimum bid only $245,000

AUCTION SITE

The auction will be held at the clubhouse of:

Amelia Golf & Country Club

9711 Wayside Ave

Amelia Court House, VA

OWNER FINANCING AVAILABLE

Call 434.847.7741 for details

PREVIEWS

Agent will be located on Tract 1 of the 8.9 acre property on US-360 Business adjacent to B&L Business Center located at 15401 Goodes Bridge Rd).

Wed, May 8 from 12-2 PM

Tue, May 14 from 12-2 PM

Sun, May 19 from 1-3 PM

Day of sale 10:30-11:30AM

Self-guided preview ok anytime

REAL ESTATE AGENTS: 2% Commission Available

A 2% commission will be paid at closing to any broker licensed in Virginia whose agent properly registers a successful high bidder. Broker Registrations must be received by Tuesday, May 21, 4:00 p.m.

TERMS AND CONDITIONS

Terms:

Property sells AS-IS, "WHERE-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.

Warranty:

All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company are subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.

Title:

Seller will convey title by General Warranty Deed.

Registration:

Bids will be accepted only from registered bidders. Registration begins at 11:30 AM day of sale. Please bring a valid form of identification (i.e. drivers license)

Announcements:

Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.

Buyers Premium:

5% buyers premium added to bid price to determine final contract price.

Deposit:

Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or company or personal check with ID.

Closing:

Balance of Purchase Price shall be due and payable in collected funds on or about 30 days after the sale.

Agency:

The auction company and its representatives represent the sellers.