For sale 12000+/- sf building in growing Eden NC market on main thoroughfare. Several short-term leases are in place along with available vacant space. Excellent opportunity to extend leases for optimum cash flow or use all or part of building for owner occupier. The building is close to the new Purina Pet Plant and Hwy. 14. Perfect 1031 exchange property. Owners reserve the right to accept offers prior to auction opening dates. Buyer/Bidder/Agent will be required to execute an NDA prior to seeing lease information.
<em><strong>The Facts</strong></em>
<ul>
<li>Medical Professional Offices</li>
<li>12,000+/- sq ft medical office facility</li>
<li>6 individual suites</li>
<li>Constructed in 2015</li>
<li>Located at 207 E Meadow Rd, Eden</li>
<li>Traffic count 9700+/-</li>
<li>Zoned BH/ED</li>
<li>Ideal owner occupant</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li>207 E. Meadow Rd, Eden NC</li>
<li>.3 miles east of Hwy 14</li>
<li>1 miles north of UNC Rockingham Hospital</li>
<li>12 miles north of Hwy 29</li>
<li>12 miles north of Reidsville NC</li>
<li>30 miles north of Greensboro NC</li>
</ul>
<em><strong>Auction Details</strong></em>
<ul>
<li>Opening bid $1,100,000</li>
<li>8% Buyers Premium</li>
<li>Bidding opens 11/4/24</li>
<li>Bidding closes 11/18/24</li>
</ul>
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18.9+/- acres of rolling fenced pasture located just east of Asheboro. This beautiful tract has substantial road frontage along Grantville LN and Foxfire Rd giving great access. The property is complied of mainly pasture that has been utilized for cattle grazing with a small pond located in the center of the tract. Sellers reserve the right to accepted offers prior to auction start date.
<em><strong>The Facts</strong></em>
<ul>
<li>18.91 +/- Acres</li>
<li>630' +/- frontage along Grantville LN</li>
<li>920' +/- frontage along Foxfire Rd</li>
<li>15+/- acres of open pasture</li>
<li>4+/- acres of woodland</li>
<li>.36 +/- acre pond</li>
<li>Tax Value - $128,590</li>
<li>Zoned RA</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li>7 miles east of Asheboro NC</li>
<li>11 miles south of Ramseur NC</li>
<li>9 miles south of Hwy 64</li>
<li>15 miles west of I73</li>
<li>35 miles south of Greensboro NC</li>
</ul>
<em><strong>Auction Details</strong></em>
<ul>
<li>Opening bid $100,000</li>
<li>10% Buyers Premium</li>
<li>Bidding opens 11/4/24</li>
<li>Bidding closes 11/18/24</li>
</ul>
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<strong>THE REAL PROPERTY IS BEING OFFERED TO THE PUBLIC THROUGH ONLINE BIDDING ONLY.</strong>
<strong>PLEASE READ ALL TERMS OF THE SALE CAREFULLY PRIOR TO REGISTERING AND BIDDING. REGISTERING TO BID CONFIRMS THAT YOU HAVE REVIEWED AND AGREE TO THE FOLLOWING TERMS.</strong>
<ul>
<li><strong>AS IS</strong>: The REAL PROPERTY and all improvements, if any, will be sold AS-IS with no representations or warranties, expressed or implied. Bidders are encouraged to conduct their inspections and due diligence prior to bidding at the auction. All information provided is believed to be correct but is not guaranteed.</li>
<li><strong>RIGHT OF WAYS, EASEMENTS, & COVENANTS:</strong> THE REAL PROPERTY is being sold subject to any or all RIGHT OR WAYS, EASEMENTS, AND COVENANTS. Bidder is responsible for doing their own property investigations prior to bidding on the property.</li>
<li><strong>PROPERTY RIGHTS</strong>: Mineral rights, timber rights, water rights, if any, will transfer with REAL PROPERTY unless otherwise disclosed.</li>
<li><strong>PROPERTY PREVIEW: </strong>Scheduled preview dates will be announced prior to auction start date or Bidders may also request a preview of the property through scheduled appointments. All previews of the property shall be through appointment only.</li>
<li><strong>PRE-AUCTION OFFERS: </strong>Seller reserves the right to accept or reject any offers properly presented prior to the start of the auction bid period. All offers submitted prior to the start of the auction bid period are subject to the same auction terms such as due diligence deposit, buyer’s premium, and no contingencies. If an offer is accepted prior to the start of the auction bid period any registered bidders will be notified, but the contract price will remain confidential.</li>
<li><strong>REGISTRATION:</strong> Registration is required for online bidding in advance and is the sole responsibility of the bidder to confirm they are registered prior to the auction start time.</li>
<li><strong>BIDS AND INCREMENTS:</strong> Auction Firm has the sole discretion to determine the highest bidder and to set bid increments.</li>
<li><strong>QUALIFIED BIDDERS:</strong> Auction Firm reserves the right to refuse to register or remove any bidder from the site for any reason and request additional information from any bidder.</li>
<li><strong>SOFT CLOSE:</strong> The online bidding is a timed event. Auction Firm reserves the right to extend the auction in 2-minute segments for all bids received in the last 2 minutes of the auction.</li>
<li><strong>SELLER CONFIRMATION: </strong>The REAL PROPERTY is being offered for an online auction only; bids will be subject to approval of the Seller.</li>
<li><strong>METHOD OF SALE:</strong> If Seller accepts the highest bid, the high bidder will be notified by 5pm on the end day of the auction. The bidder will have 24 hours to execute an NC Offer to Purchase Contract and other required documents upon notification of the winning bid. Winning bids may not be assigned except to entities that the bidder owns the majority interest in.</li>
<li><strong>AGENCY:</strong> Buyer will be required to sign an agency disclosure form stating that the buyer is aware that the <strong>Clearwater Group of NC INC</strong>. represents the seller and the seller's interest in the transaction.</li>
<li><strong>BUYERS AGENTS FEE: </strong>Buyer agents holding a NC Real Estate License will need to be disclosed in writing 48 hours prior to bidder registration for a broker participation fee of 2% (of the high bid price) or properly present any pre-auction offers on behalf of their clients; <strong>NO EXCEPTIONS. </strong>If these steps are not completed, no participation fee will be paid.</li>
<li><strong>PURCHASE CONTRACT:</strong> Within 24 hours of the close of the auction, Buyer will be required to submit their deposit and execute the most recent NC Offer to Purchase Contract 2T or Vacant Land Offer to Purchase; whichever is applicable to the type of property being sold. The winning bidder will be required to produce qualification or proof of funds upon notification of the winning bid.</li>
<li><strong>NO CONTINGENCIES: </strong>The offer to purchase contract is not subject to any buyer contingencies for financing, appraisal, surveys, inspections, soil testing, or any other contingencies.</li>
<li><strong>DUE DILIGENECE DEPOSIT</strong>: 2% of the sales price will be required in the form of a due diligence deposit <em>(non-refundable)</em> no less than 24 hours from the close of the auction, and the balance of the purchase price will be due at closing. The due diligence deposit will be credited back to the buyer at closing.</li>
<li><strong>BUYER'S PREMIUM: </strong>Buyer will be required to sign a buyer’s premium agreement upon execution of the offer to purchase contract. A buyer's premium of 10% is added to the last and highest bid to determine the contract purchase price. EXAMPLE - if the high bid is $100,000.00, a buyer's premium of $10,000.00 is added and the purchase price would be $110,000.00.</li>
<li><strong>PROPERTY TRANSFER:</strong> The property will be sold subject to an existing survey or the existing legal description.</li>
<li><strong>CLOSING: </strong>Closing is to take place no more than <strong>45 days</strong> from the close of the auction; TIME IS OF THE ESSENCE.</li>
<li><strong>POSSESSION:</strong> Possession will be given at closing, subject to existing leases, IF ANY.</li>
<li><strong>BUYER DEFAULT:</strong> TIME IS OF THE ESSENCE with regards to the Closing Date. Buyer shall forfeit the deposit if Buyer fails to close on or before the Settlement Date as set forth in the Offer to Purchase.</li>
<li><strong>TECHNICAL PROBLEMS</strong>: The Auction Firm will not be liable for any faulty equipment, failure of equipment, faulty software, failure of software, lack of internet service connections or signals, or failure for any online bids that are not relayed on time to the Auction Firm. The Auction Firm reserves the right to extend bidding, delay bidding, or cancel bidding, without any notice to online bidders.</li>
<li><strong>DISCLAIMER:</strong> The Auction Firm provides property information that is believed to be accurate, but it is not guaranteed. Bidders must do their own due diligence prior to bidding on the property. By bidding on the property buyers acknowledge that they are satisfied with the property and agree to purchase AS IS.</li>
</ul>
This 19.27+/- acre tract is located in the Pelham community of Rockingham County in a very private setting at the end of Oak Hill Farm Rd. The property is completed wooded with very mature timber giving it a park-like setting throughout the boundaries. There are a few existing trails leading to a beautiful bluff that overlooks the property and the small stream that runs adjacent to the road.
This is a great private tract with easy access to Hwy 29 and just minutes south of Danville VA.
<em><strong>The Facts</strong></em>
<ul>
<li>19.27 +/- Acres - PB 56/78</li>
<li>Located on Oak Hill Farm Rd - Private gravel Rd</li>
<li>100% wooded tract w/ mature timber</li>
<li>Small storage building / cabin</li>
<li>Internal stream running along side access road</li>
<li>Private setting</li>
<li>Rolling topo - 630' - 560'</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li>3/4 mile to Hwy 29</li>
<li>10 miles southwest of Danville VA</li>
<li>12 miles northeast of Reidsville NC</li>
<li>12 miles west of Eden NC</li>
<li>32 miles northeast of Greensboro NC</li>
</ul>
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Great commercial property being brought to the market through an online auction. The building sits at the intersection of Hamilton and Henry St with access from both roads. The property was originally constructed as a restaurant but could be utilized for wide array of uses.
<em><strong>The Facts</strong></em>
<ul>
<li>Bidding Opens 9/19/24 @ 12pm</li>
<li>Bidding Close 9/23/24 @ 12pm</li>
<li>.62+/- acres</li>
<li>Frontage along Hamilton St and Henry St</li>
<li>Ample parking</li>
<li>Front and middle roof replaced this year, rear roof approx. 10 years old.</li>
<li>Zoned BG / ED</li>
<li>Tax Value – $165,654</li>
</ul>
<ul>
<li style="list-style-type: none;"></li>
</ul>
<strong>THE REAL PROPERTY IS BEING OFFERED TO THE PUBLIC THROUGH ONLINE BIDDING ONLY.</strong><strong>PLEASE READ ALL TERMS OF THE SALE CAREFULLY PRIOR TO REGISTERING AND BIDDING. REGISTERING TO BID CONFIRMS THAT YOU HAVE REVIEWED AND AGREE TO THE FOLLOWING TERMS.</strong>
<ul>
<li style="list-style-type: none;">
<ul>
<li><strong>AS IS</strong>: The REAL PROPERTY and all improvements, if any, will be sold AS-IS with no representations or warranties, expressed or implied. Bidders are encouraged to conduct their inspections and due diligence prior to bidding at the auction. All information provided is believed to be correct but is not guaranteed.</li>
<li><strong>RIGHT OF WAYS, EASEMENTS, & COVENANTS:</strong> THE REAL PROPERTY is being sold subject to any or all RIGHT OR WAYS, EASEMENTS, AND COVENANTS. Bidder is responsible for doing their own property investigations prior to bidding on the property.</li>
<li><strong>PROPERTY RIGHTS</strong>: Mineral rights, timber rights, water rights, if any, will transfer with REAL PROPERTY unless otherwise disclosed.</li>
<li><strong>PROPERTY PREVIEW: </strong>Scheduled preview dates will be announced prior to auction start date or Bidders may also request a preview of the property through scheduled appointments. All previews of the property shall be through appointment only.</li>
<li><strong>PRE-AUCTION OFFERS: </strong>Seller reserves the right to accept or reject any offers properly presented prior to the start of the auction bid period. All offers submitted prior to the start of the auction bid period are subject to the same auction terms such as due diligence deposit, buyer’s premium, and no contingencies. If an offer is accepted prior to the start of the auction bid period any registered bidders will be notified, but the contract price will remain confidential.</li>
<li><strong>REGISTRATION:</strong> Registration is required for online bidding in advance and is the sole responsibility of the bidder to confirm they are registered prior to the auction start time.</li>
<li><strong>BIDS AND INCREMENTS:</strong> Auction Firm has the sole discretion to determine the highest bidder and to set bid increments.</li>
<li><strong>QUALIFIED BIDDERS:</strong> Auction Firm reserves the right to refuse to register or remove any bidder from the site for any reason and request additional information from any bidder.</li>
<li><strong>SOFT CLOSE:</strong> The online bidding is a timed event. Auction Firm reserves the right to extend the auction in 2-minute segments for all bids received in the last 2 minutes of the auction.</li>
<li><strong>SELLER CONFIRMATION: </strong>The REAL PROPERTY is being offered for an online auction only; bids will be subject to approval of the Seller.</li>
<li><strong>METHOD OF SALE:</strong> If Seller accepts the highest bid, the high bidder will be notified by 5pm on the end day of the auction. The bidder will have 24 hours to execute an NC Offer to Purchase Contract and other required documents upon notification of the winning bid. Winning bids may not be assigned except to entities that the bidder owns the majority interest in.</li>
<li><strong>AGENCY:</strong> Buyer will be required to sign an agency disclosure form stating that the buyer is aware that the <strong>Clearwater Group of NC INC</strong>. represents the seller and the seller’s interest in the transaction.</li>
<li><strong>QUALIFICATION:</strong> The Auction firm reserves the right to request pre-qualification prior to accepting registration from any bidders.</li>
<li><strong>PURCHASE CONTRACT:</strong> Within 24 hours of the close of the auction, Buyer will be required to submit their deposit and execute the most recent NC Offer to Purchase Contract 2T or Vacant Land Offer to Purchase; whichever is applicable to the type of property being sold.</li>
<li><strong>NO CONTINGENCIES: </strong>The offer to purchase contract is not subject to any buyer contingencies for financing, appraisal, surveys, inspections, soil testing, or any other contingencies.</li>
<li><strong>DUE DILIGENECE DEPOSIT</strong>: 2% of the sales price will be required in the form of a due diligence deposit <em>(non-refundable)</em> no less than 24 hours from the close of the auction, and the balance of the purchase price will be due at closing. The due diligence deposit will be credited back to the buyer at closing.</li>
<li><strong>BUYER’S PREMIUM: </strong>Buyer will be required to sign a buyer’s premium agreement upon execution of the offer to purchase contract. A buyer’s premium of 10% is added to the last and highest bid to determine the contract purchase price. EXAMPLE – if the high bid is $100,000.00, a buyer’s premium of $10,000 is added and the purchase price would be $110,000.00.</li>
<li><strong>CLOSING: </strong>Closing is to take place no more than <strong>45</strong><strong> days</strong> from the close of the auction; TIME IS OF THE ESSENCE.</li>
<li><strong>POSSESSION:</strong> Possession will be given at closing, subject to existing leases, IF ANY.</li>
<li><strong>BUYER DEFAULT:</strong> TIME IS OF THE ESSENCE with regards to the Closing Date. Buyer shall forfeit the deposit if Buyer fails to close on or before the Settlement Date as set forth in the Offer to Purchase.</li>
<li><strong>TECHNICAL PROBLEMS</strong>: The Auction Firm will not be liable for any faulty equipment, failure of equipment, faulty software, failure of software, lack of internet service connections or signals, or failure for any online bids that are not relayed on time to the Auction Firm. The Auction Firm reserves the right to extend bidding, delay bidding, or cancel bidding, without any notice to online bidders.</li>
<li><strong>DISCLAIMER:</strong> The Auction Firm provides property information that is believed to be accurate, but it is not guaranteed. Bidders must do their own due diligence prior to bidding on the property. By bidding on the property buyers acknowledge that they are satisfied with the property and agree to purchase AS IS.</li>
</ul>
</li>
</ul>
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This is a really nice 11.5 acre tract located just outside of Wentworth NC with frontage on HWY 65 and Rock Creek LN. This property is 100% wooded with a rolling topography and an abundance of privacy.
There are several potential homesites off of Rock Creek LN that would allow for a nice private setting. In the center of the tract is a nice small stream that traverses through the property and with a little clearing a home could be positioned looking down on to the creek. This tract gives great access to Wentworth, Eden, Reidsville, or Greensboro due to its location.
<em><strong>The Facts</strong></em>
<ul>
<li>Lot # 5 - PB 51/4</li>
<li>11.56+/- Acres</li>
<li>Mature Timber</li>
<li>Frontage on Rock Creek LN (private) / Hwy 65</li>
<li>Rolling Topography</li>
<li>Small internal stream</li>
<li>Overhead power along Rock Creek Ln</li>
<li>Restricted to stick-built or off frame modular</li>
<li>Road maintenance agreement in place for Rock Creek (see attachments)</li>
<li>2024 tax bill - $327.14</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li>3 miles west Wentworth NC</li>
<li>7 miles west of Reidsville NC</li>
<li>9 miles southwest of Eden NC</li>
<li>10 miles east of Madison NC</li>
<li>8 miles east of Hwy 220/I73</li>
<li>25 miles north of Greensboro NC</li>
</ul>
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Welcome home to this beautiful brick home in Deep Springs Country Club. Situated on over an acre this lot offers a little bit of everything with a nice wooded area, a nice flat yard, and it backs up to hole 11 of the golf course. This immaculately maintained house has a great rocking chair front porch and a very nice covered back porch that is perfect for grilling and entertaining. Inside you'll find vaulted ceilings in the open concept living room and gorgeous kitchen that offers a large island with marble countertops, stainless steel appliances and a tile backsplash. The split floor plan gives you the privacy you need with a beautiful primary suite that offers lots of living space, a spacious closet, and a good sized bathroom with walk-in shower. Two other bedrooms on the other side of the home share a nicely appointed full bath. The back porch overlooks a fenced backyard and it offers views of the golf course. Enjoy this beautiful community with no HOA.
<em><strong>The Facts</strong></em>
<ul>
<li>1.05 acre lot</li>
<li>Located on hole 11</li>
<li>Partially wooded partially cleared level lot</li>
<li>Fenced backyard</li>
<li>No HOA</li>
<li>2 car garage</li>
<li>Covered front and back porch</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li style="list-style-type: none;">
<ul>
<li>30 Mins from GSO airport</li>
<li>2o Mins from Reidsville NC</li>
<li>15 Mins from Eden NC</li>
</ul>
</li>
</ul>
<ul>
<li>Convenient to Hwy 220</li>
</ul>
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Located in the Bethany Community of Rockingham County is this really nice 16.3+/- acre turn key property. The tract is complied of substantial frontage along Angell and Neal Rd with access on both. The property has all of the infrastructure in place for a new owner to take advantage with (2)-new permitted wells, underground power, existing gated gravel drive, workshop, and a current soil evaluation for a 4 bedroom home. This tract is a good mix of mature timber on the eastern portion of the property with a small secluded field tucked back out of sight that is ideal for a homesite, and a substantial amount of open land on the western portion that would make an ideal pasture. The owners would also entertain splitting the property if desired. NO TRESSPASSING, shown by apt. only.
<em><strong><span style="color: #ff0000;">Details</span></strong></em>
<ul>
<li>16.3+/- acres - survey on file</li>
<li>(2) new permitted wells</li>
<li>Existing gated drive</li>
<li>Soil evaluation for a 4bedroom home</li>
<li>Mature timber</li>
<li>Private setting</li>
<li>Frontage on Neal and Angell Rd</li>
</ul>
<em><strong><span style="color: #ff0000;">Location</span></strong></em>
<ul>
<li>2.5 miles west of Hwy 220/I73</li>
<li>Located in Bethany Community / Madison NC</li>
<li>16 miles north of PTI airport</li>
<li>19 miles north of Greensboro NC</li>
<li>26 miles northeast of Winston Salem NC</li>
<li>8 miles south of Madison NC</li>
<li>15 miles west of Reidsville NC</li>
</ul>
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Great commercial warehouse investment located in the city limits of Reidsville NC. The property is currently leased with a strong tenant producing excellent cash flow.
<strong>The Facts</strong>
<ul>
<li>Opening Bid amount $700,000</li>
<li>Bidding Opens 10/2/24 @ 12pm</li>
<li>Bidding Close 10/16/24 @ 12pm</li>
<li>82,750 +/- Sq ft</li>
<li>Constructed 1967</li>
<li>6.19 +/- Acres</li>
<li><span class="data">I1LTR Zoning</span></li>
<li>New roof w/ warranty 2022</li>
<li>Current lease expires 9/30/2032</li>
<li>Additional 4 year optional term</li>
<li>Triple Net Lease</li>
</ul>
<strong>Location</strong>
<ul>
<li style="list-style-type: none;">
<ul>
<li>Located within the Reidsville City limits</li>
<li>Just west of the Hwy 65 (W. Harrison St) Freeway Dr. interchange</li>
<li>4 miles north of Hwy 29</li>
<li>20 mikes north of Greensboro NC</li>
<li>25 miles northwest of Burlington NC</li>
</ul>
</li>
</ul>
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<strong>THE REAL PROPERTY IS BEING OFFERED TO THE PUBLIC THROUGH ONLINE BIDDING ONLY. </strong><strong>PLEASE READ ALL TERMS OF THE SALE CAREFULLY PRIOR TO REGISTERING AND BIDDING. REGISTERING TO BID CONFIRMS THAT YOU HAVE REVIEWED AND AGREE TO THE FOLLOWING TERMS.</strong>
<ul>
<li style="list-style-type: none;">
<ul>
<li><strong>AS IS</strong>: The REAL PROPERTY and all improvements, if any, will be sold AS-IS with no representations or warranties, expressed or implied. Bidders are encouraged to conduct their inspections and due diligence prior to bidding at the auction. All information provided is believed to be correct but is not guaranteed.</li>
<li><strong>RIGHT OF WAYS, EASEMENTS, & COVENANTS:</strong> THE REAL PROPERTY is being sold subject to any or all RIGHT OR WAYS, EASEMENTS, AND COVENANTS. Bidder is responsible for doing their own property investigations prior to bidding on the property.</li>
<li><strong>PROPERTY RIGHTS</strong>: Mineral rights, timber rights, water rights, if any, will transfer with REAL PROPERTY unless otherwise disclosed.</li>
<li><strong>PROPERTY PREVIEW: </strong>Scheduled preview dates will be announced prior to auction start date or Bidders may also request a preview of the property through scheduled appointments. All previews of the property shall be through appointment only.</li>
<li><strong>PRE-AUCTION OFFERS: </strong>Seller reserves the right to accept or reject any offers properly presented prior to the start of the auction bid period. All offers submitted prior to the start of the auction bid period are subject to the same auction terms such as due diligence deposit, buyer’s premium, and no contingencies. If an offer is accepted prior to the start of the auction bid period any registered bidders will be notified, but the contract price will remain confidential.</li>
<li><strong>REGISTRATION:</strong> Registration is required for online bidding in advance and is the sole responsibility of the bidder to confirm they are registered prior to the auction start time.</li>
<li><strong>BIDS AND INCREMENTS:</strong> Auction Firm has the sole discretion to determine the highest bidder and to set bid increments.</li>
<li><strong>QUALIFIED BIDDERS:</strong> Auction Firm reserves the right to refuse to register or remove any bidder from the site for any reason and request additional information from any bidder.</li>
<li><strong>SOFT CLOSE:</strong> The online bidding is a timed event. Auction Firm reserves the right to extend the auction in 2-minute segments for all bids received in the last 2 minutes of the auction.</li>
<li><strong>SELLER CONFIRMATION: </strong>The REAL PROPERTY is being offered for an online auction only; bids will be subject to approval of the Seller.</li>
<li><strong>METHOD OF SALE:</strong> If Seller accepts the highest bid, the high bidder will be notified by 5pm on the end day of the auction. The bidder will have 24 hours to execute an NC Offer to Purchase Contract and other required documents upon notification of the winning bid. Winning bids may not be assigned except to entities that the bidder owns the majority interest in.</li>
<li><strong>AGENCY:</strong> Buyer will be required to sign an agency disclosure form stating that the buyer is aware that the <strong>Clearwater Group of NC INC</strong>. represents the seller and the seller’s interest in the transaction.</li>
<li><strong>QUALIFICATION:</strong> The Auction firm reserves the right to request pre-qualification prior to accepting registration from any bidders.</li>
<li><strong>PURCHASE CONTRACT:</strong> Within 24 hours of the close of the auction, Buyer will be required to submit their deposit and execute the most recent NC Offer to Purchase Contract 2T or Vacant Land Offer to Purchase; whichever is applicable to the type of property being sold.</li>
<li><strong>NO CONTINGENCIES: </strong>The offer to purchase contract is not subject to any buyer contingencies for financing, appraisal, surveys, inspections, soil testing, or any other contingencies.</li>
<li><strong>DUE DILIGENECE DEPOSIT</strong>: 2% of the sales price will be required in the form of a due diligence deposit <em>(non-refundable)</em> no less than 24 hours from the close of the auction, and the balance of the purchase price will be due at closing. The due diligence deposit will be credited back to the buyer at closing.</li>
<li><strong>BUYER’S PREMIUM: </strong>Buyer will be required to sign a buyer’s premium agreement upon execution of the offer to purchase contract. A buyer’s premium of 8% is added to the last and highest bid to determine the contract purchase price. EXAMPLE – if the high bid is $100,000.00, a buyer’s premium of $8000 is added and the purchase price would be $108,000.00.</li>
<li><strong>CLOSING: </strong>Closing is to take place no more than <strong>45</strong><strong> days</strong> from the close of the auction; TIME IS OF THE ESSENCE.</li>
<li><strong>POSSESSION:</strong> Possession will be given at closing, subject to existing leases, IF ANY.</li>
<li><strong>BUYER DEFAULT:</strong> TIME IS OF THE ESSENCE with regards to the Closing Date. Buyer shall forfeit the deposit if Buyer fails to close on or before the Settlement Date as set forth in the Offer to Purchase.</li>
<li><strong>TECHNICAL PROBLEMS</strong>: The Auction Firm will not be liable for any faulty equipment, failure of equipment, faulty software, failure of software, lack of internet service connections or signals, or failure for any online bids that are not relayed on time to the Auction Firm. The Auction Firm reserves the right to extend bidding, delay bidding, or cancel bidding, without any notice to online bidders.</li>
<li><strong>DISCLAIMER:</strong> The Auction Firm provides property information that is believed to be accurate, but it is not guaranteed. Bidders must do their own due diligence prior to bidding on the property. By bidding on the property buyers acknowledge that they are satisfied with the property and agree to purchase AS IS.</li>
</ul>
</li>
</ul>
Located in the Camp Springs area of Caswell County NC is this great 149 acre recreational tract with a lot to offer. The property has access along Cherry Grove Rd and an established gravel drive leading to the north side of the property. This tract offers a great deal of privacy and multiple locations that would make great home-sites.
The property is complied of young timber that was replanted in Loblolly Pine adding to the long term investment potential and has a nice rolling topography giving a great deal of diversity. In the center of the property there is a bold stream that runs north and converges as a boundary stream. Additionally, there is another stream that runs with the northwest boundary creating a great wildlife corridors with that mature timber left on the riparian buffers. There are several active AG fields that are currently being utilized for soybean production or could be utilized for personal wildlife plots.
This is a well rounded property that offers so much potential as a personal farm, recreational retreat, or investment.
<em><strong>The Facts</strong></em>
<ul>
<li>Opening Bid amount $400,000</li>
<li>Bidding Opens 9/9/24 @ 12pm</li>
<li>Bidding Close 9/26/24 @ 12pm</li>
<li>149 +/- acres</li>
<li>.75 +/- mile internal gravel drive running with western boundary</li>
<li>11+/- acres of open AG land</li>
<li>Bold internal stream with multiple pond sites if desired</li>
<li>Boundary stream on northern sections of the property</li>
<li>Contiguous full boundary trail and multiple internal trails</li>
<li>Timber harvested and replanted with Loblolly Pine 2023</li>
<li>Mature timber left in the riparian buffers</li>
<li>Excellent wildlife habitat</li>
<li>Previous permitted "Land Clearing Inert Debris Landfill" on the property (wood debris) (see attachments)</li>
<li>Previous soil evaluation for a 4 bed home</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li style="list-style-type: none;">
<ul>
<li>9 miles east of Hwy 29</li>
<li>11 miles east of Reidsville NC</li>
<li>15 miles north of Burlington NC</li>
<li>25 miles northeast of Greensboro NC</li>
<li>60 miles northwest of Raleigh NC</li>
<li>17 miles south of Virginia</li>
</ul>
</li>
</ul>
<strong>THE REAL PROPERTY IS BEING OFFERED TO THE PUBLIC THROUGH ONLINE BIDDING ONLY.</strong><strong>PLEASE READ ALL TERMS OF THE SALE CAREFULLY PRIOR TO REGISTERING AND BIDDING. REGISTERING TO BID CONFIRMS THAT YOU HAVE REVIEWED AND AGREE TO THE FOLLOWING TERMS.</strong>
<ul>
<li style="list-style-type: none;">
<ul>
<li><strong>AS IS</strong>: The REAL PROPERTY and all improvements, if any, will be sold AS-IS with no representations or warranties, expressed or implied. Bidders are encouraged to conduct their inspections and due diligence prior to bidding at the auction. All information provided is believed to be correct but is not guaranteed.</li>
<li><strong>RIGHT OF WAYS, EASEMENTS, & COVENANTS:</strong> THE REAL PROPERTY is being sold subject to any or all RIGHT OR WAYS, EASEMENTS, AND COVENANTS. Bidder is responsible for doing their own property investigations prior to bidding on the property.</li>
<li><strong>PROPERTY RIGHTS</strong>: Mineral rights, timber rights, water rights, if any, will transfer with REAL PROPERTY unless otherwise disclosed.</li>
<li><strong>PROPERTY PREVIEW: </strong>Scheduled preview dates will be announced prior to auction start date or Bidders may also request a preview of the property through scheduled appointments. All previews of the property shall be through appointment only.</li>
<li><strong>PRE-AUCTION OFFERS: </strong>Seller reserves the right to accept or reject any offers properly presented prior to the start of the auction bid period. All offers submitted prior to the start of the auction bid period are subject to the same auction terms such as due diligence deposit, buyer’s premium, and no contingencies. If an offer is accepted prior to the start of the auction bid period any registered bidders will be notified, but the contract price will remain confidential.</li>
<li><strong>REGISTRATION:</strong> Registration is required for online bidding in advance and is the sole responsibility of the bidder to confirm they are registered prior to the auction start time.</li>
<li><strong>BIDS AND INCREMENTS:</strong> Auction Firm has the sole discretion to determine the highest bidder and to set bid increments.</li>
<li><strong>QUALIFIED BIDDERS:</strong> Auction Firm reserves the right to refuse to register or remove any bidder from the site for any reason and request additional information from any bidder.</li>
<li><strong>SOFT CLOSE:</strong> The online bidding is a timed event. Auction Firm reserves the right to extend the auction in 2-minute segments for all bids received in the last 2 minutes of the auction.</li>
<li><strong>SELLER CONFIRMATION: </strong>The REAL PROPERTY is being offered for an online auction only; bids will be subject to approval of the Seller.</li>
<li><strong>METHOD OF SALE:</strong> If Seller accepts the highest bid, the high bidder will be notified by 5pm on the end day of the auction. The bidder will have 24 hours to execute an NC Offer to Purchase Contract and other required documents upon notification of the winning bid. Winning bids may not be assigned except to entities that the bidder owns the majority interest in.</li>
<li><strong>AGENCY:</strong> Buyer will be required to sign an agency disclosure form stating that the buyer is aware that the <strong>Clearwater Group of NC INC</strong>. represents the seller and the seller's interest in the transaction.</li>
<li><strong>QUALIFICATION:</strong> The Auction firm reserves the right to request pre-qualification prior to accepting registration from any bidders.</li>
<li><strong>PURCHASE CONTRACT:</strong> Within 24 hours of the close of the auction, Buyer will be required to submit their deposit and execute the most recent NC Offer to Purchase Contract 2T or Vacant Land Offer to Purchase; whichever is applicable to the type of property being sold.</li>
<li><strong>NO CONTINGENCIES: </strong>The offer to purchase contract is not subject to any buyer contingencies for financing, appraisal, surveys, inspections, soil testing, or any other contingencies.</li>
<li><strong>DUE DILIGENECE DEPOSIT</strong>: 2% of the sales price will be required in the form of a due diligence deposit <em>(non-refundable)</em> no less than 24 hours from the close of the auction, and the balance of the purchase price will be due at closing. The due diligence deposit will be credited back to the buyer at closing.</li>
<li><strong>BUYER'S PREMIUM: </strong>Buyer will be required to sign a buyer’s premium agreement upon execution of the offer to purchase contract. A buyer's premium of 8% is added to the last and highest bid to determine the contract purchase price. EXAMPLE - if the high bid is $100,000.00, a buyer's premium of $8000 is added and the purchase price would be $108,000.00.</li>
<li><strong>CLOSING: </strong>Closing is to take place no more than <strong>45</strong><strong> days</strong> from the close of the auction; TIME IS OF THE ESSENCE.</li>
<li><strong>POSSESSION:</strong> Possession will be given at closing, subject to existing leases, IF ANY.</li>
<li><strong>BUYER DEFAULT:</strong> TIME IS OF THE ESSENCE with regards to the Closing Date. Buyer shall forfeit the deposit if Buyer fails to close on or before the Settlement Date as set forth in the Offer to Purchase.</li>
<li><strong>TECHNICAL PROBLEMS</strong>: The Auction Firm will not be liable for any faulty equipment, failure of equipment, faulty software, failure of software, lack of internet service connections or signals, or failure for any online bids that are not relayed on time to the Auction Firm. The Auction Firm reserves the right to extend bidding, delay bidding, or cancel bidding, without any notice to online bidders.</li>
<li><strong>DISCLAIMER:</strong> The Auction Firm provides property information that is believed to be accurate, but it is not guaranteed. Bidders must do their own due diligence prior to bidding on the property. By bidding on the property buyers acknowledge that they are satisfied with the property and agree to purchase AS IS.</li>
</ul>
</li>
</ul>
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<div style="padding: 56.25% 0 0 0; position: relative;"><iframe style="position: absolute; top: 0; left: 0; width: 100%; height: 100%;" title="Cherry Grove Rd - 149+/- Acres" src="https://player.vimeo.com/video/967038224?badge=0&autopause=0&player_id=0&app_id=58479" frameborder="0"></iframe></div>
