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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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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Properties like this don't come on the market very often. This is a turn-key nearly 20 acre farm that is ready for anything that you'd like to do. Bring your cows, horses, goats, chickens, or anything else you've always wanted to have. Several fields are fenced and cross-fenced and have been recently utilized for cattle. There is a 30x40 insulated garage with electricity for your cars and toys. It has a lean-to for equipment and a large covered parking area in the front. The large 12x30 storage building in the back has power and water and has been converted into a chicken coop and has a large fenced run behind it. There is an additional 1 stall run-in with hay storage that could easily be set up for one or more horses. Roughly 13 acres of this property has been maintained as open pasture land. The southern property line is almost 1/4 of a mile of gorgeous creek. Terrific wildlife habitat around the natural spring and small creek that originates from the 5 acres of mature forest. This could offer excellent hunting opportunities. Huge garden area with drip irrigation, blackberries and more. Ideal setup for strawberries or anything else that you'd like to grow. There is over 1100 feet of road frontage that could allow for the property to be subdivided. The house has been meticulously maintained and offers 4 bedrooms and tons of extra room throughout. This would be a great home to live in permanently or just while you build your dream house somewhere else on this gorgeous property. Because of the accessibility and openness of this land it feels HUGE for 2o acres. More pictures to be added soon
<em><strong>The Facts</strong></em>
<ul>
<li>19.48+/- Acres</li>
<li>13 acres of pasture</li>
<li>1100 +/- frontage along Snead Rd</li>
<li>Bold stream and creek</li>
<li>Natural Spring</li>
<li>Mature timber</li>
<li>Well maintained 4 bedroom home</li>
<li>Excellent wildlife habitat</li>
<li>Fenced and cross-fenced pastures</li>
<li>Garden area with irrigation</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li style="list-style-type: none;">
<ul>
<li>2.7 Miles east of 220</li>
<li>30 mins from Piedmont Triad International airport</li>
<li>7.2 Miles North of Hwy 704</li>
</ul>
</li>
</ul>
The Kluttz Family Farm located in Eastern Stokes County NC is a well-versed tract offering substantial long term investment potential and recreational benefits all wrapped into one property. The property is accessible from the western side off Dillard Rd and the eastern side from Bethesda Church allowing for great access.
Currently the western side of the property is made up of a healthy stand of 7-8 yr old loblolly pine and expansive hardwood draws left along the SMZ buffers. This section of the property has a few internal trails leading from the roadside to the center of the property through a vast loblolly plantation before entering the hardwood buffers along Reed Creek. The creek traverses through the center of the property and has multiple rock cropping creating beautiful small falls and ledges as it meanders through the property.
On the eastern side of the property, you enter from Bethesda Church Rd through a well-established logging road that leads into the far depths of the property. As you traverse north the tract holds a moderate raise in topography giving way to multiple high bluffs with long range vistas achieving exceptional views of Hanging Rock. There are multiple locations on this side of the property that would make ideal private homesites.
The Kluttz Family Farm is a great tract for a buyer looking to immerse their selves in a large private northern Piedmont tract that is in the highly sought after "Trophy Belt of NC". This area is known for its ability to produce large Whitetail deer and exceptional Turkey hunting.
<div>
<em><strong>FACTS</strong></em>
<ul>
<li><em>452.53 +/- acres</em></li>
<li>Tract is being offered as whole or divisible by the creek - w<em>estern portion 229 acres / eastern portion 223 acres</em></li>
<li>Timber harvested starting fall of 2022 – summer of 2023 on the <em>eastern portion</em></li>
<li>Timber harvested 2016-2017 / 160 acres replanted in Loblolly 2016-2017 <em>western portion</em></li>
<li>Approx. 1620′ of frontage along Bethesda Church Rd</li>
<li>Approx. 1600′ of frontage along Dillard Rd</li>
<li>Approx. 1.3 miles of Reed Creek frontage</li>
<li>Expansive SMZ buffers with mature hardwood timber</li>
<li>1700′ +/- of an internal stream</li>
<li>Extensive logging road system</li>
<li>Views of Hanging Rock</li>
<li>Lot #2 – <em>Adjacent tract (Lot#1) 223+/- acres</em></li>
<li>Rolling topography – 880′ along roadside to 690′ at Reed Creek</li>
<li>Forestry PUV</li>
</ul>
<em><strong>LOCATION</strong></em>
<ul>
<li>4 miles west of the Stokes / Rockingham County line</li>
<li>8 miles west of Madison NC</li>
<li>7 miles north of Belews Lake</li>
<li>25 miles north of Winston Salem NC</li>
<li>22 miles north of PIT / Greensboro NC</li>
<li>95 miles northwest of Raleigh NC</li>
</ul>
</div>
<div></div>
<div></div>
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Located just north of Eden NC is this very unique 19 acre tract situated in a very private setting. The property sits on the western side of Martimony Rd and is completed shielded from any outside views. As you enter off of the road there is an established farm road with a unique creek crossing to get you into the core of the tract where you will find a vast 7+/- acre field that offers great views and diverse topography. Along the eastern side of the tract is a nice bluff overlooking Poplar Branch which runs with the entire eastern boundary. This area of the property is immersed in large hardwood timber with a eastern facing slope and unique rock formations.
This tract has been managed for wildlife habitat and makes a great recreational property within its boundaries. The property also would make a great private homestead setting with many options for placement of home and buildings.
<em><strong>The Facts</strong></em>
<ul>
<li>19 +/- Acres - No recent survey</li>
<li>650' +/- of frontage on Matrimony Rd - Gravel / state maintained</li>
<li>940' +/- of frontage along Poplar Branch</li>
<li>7+/- acres of open land</li>
<li>2024 tax bill - $372.05</li>
<li>Mature timber</li>
<li>2 box stands</li>
<li>Previous soil evaluation</li>
<li>Excellent wildlife habitat</li>
<li>Very private setting</li>
<li>Potential old gravesites</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li>1 mile south of the VA state line</li>
<li>4 miles north of Eden NC</li>
<li>15 miles north of Reidsville NC</li>
<li>33 miles north of Greensboro NC</li>
</ul>
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Coming to the market for the first time is a 112-acre generational farm located in northeastern Rockingham County NC that falls in the highly sought-after <em>“Trophy Belt of NC”</em>. The Quesinberry Farm offers a blank canvas for a Buyer looking to develop a premium recreational property or take it back to its former glory as an active cattle farm.
The farm is compiled of a well-balanced mix of active and reclaimable pastureland that encompasses approximately 30% of the property. These areas are mainly along high contours and run from the center of the tract down into the most southern section with additional terrain to expand. The open land would make ideal wildlife food plots with natural funnels running along the field pockets and creating excellent hunting opportunities. The remainder of the property has diverse timber stands with some smaller pockets along the southern sections being previously cut and the northern sections of the property are more mature. There is a good balance of Oak, Poplar, and Maple throughout the property.
Running along the southern border is a larger stream known as Machine Creek which offers some exceptional views of rock ledges and waterfalls. Additionally, there are several small spring originated streams in the interior of the property offering several ideal pond locations that would add additional value to the farm.
This is a well-balanced property with good diversification and sits conveniently located just outside of Eden NC.
<em><strong>The Facts</strong></em>
<ul>
<li>Opening Bid amount $250,000</li>
<li>Bidding Opens 10/1/24 @ 12pm</li>
<li>Bidding Close 10/15/24 @ 12pm</li>
<li>112.15 +/- acres</li>
<li>Approx. 960' of frontage on Town Creek Rd</li>
<li>Approx. 1450' of frontage on Quesinberry Rd</li>
<li>Gas line easement cutting through northeast corner</li>
<li>Boundary stream on southern boundary "Machine Creek"</li>
<li>Multiple trails</li>
<li>Mixed timber</li>
<li>Excellent wildlife habitat</li>
<li>39+/- acres of previous pasture land / reclaimable</li>
<li>Currently in AG / Forestry tax deferment</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li style="list-style-type: none;">
<ul>
<li>4 miles east of Eden NC</li>
<li>9 miles north of Reidsville NC</li>
<li>15 miles north of Burlington NC</li>
<li>30 mikes north of Greensboro NC</li>
<li>76 miles northwest of Raleigh NC</li>
<li>5 miles south of Virginia</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>
<li><strong>ADDITIONAL TERMS AND CONDITIONS</strong>: The Buyer agrees that if they do not wish to assume the current deferment status at closing, they will be responsible for any roll back taxes at closing.</li>
</ul>
</li>
</ul>
Whether you're looking for a recreational tract that offers incredible hunting opportunities or a place to build a home, you'll have endless options here. This is in ideal investment property consisting of 66.83 acres of multi-use land. This tract offers an impressive amount of road frontage along Todd rd to go along with a 50' deeded easement off of Virgilina Rd. Roughly 50 acres of 23+ year old loblolly pines are a growing investment to enjoy in the future. There are 3 cleared fields on the property that are ideal for food plots. The power line easements through the property offer impressive sight lines for hunting and easy access around the property. A spring originates on the property and forms a gorgeous creek that boasts impressive rock formations through the interior of the farm. This farm is less than 2 miles from the city of Roxboro and roughly 3 miles from Mayo Lake. No trespassing. Shown by appointment only
<em><strong>The Facts</strong></em>
<ul>
<li>66.83 +/- acres</li>
<li>Multiple established fields</li>
<li>1500 Feet of road frontage</li>
<li>50' deeded easement from Virgilina Rd</li>
<li>Internal spring fed stream</li>
<li>Excellent sight lines and shooting lanes</li>
<li>50+ acres of marketable pines</li>
<li>Mature timber left in the riparian buffers</li>
<li>Excellent wildlife habitat</li>
</ul>
<em><strong>Location</strong></em>
<ul>
<li>1.5 miles east of Roxboro, NC</li>
<li>3 miles south of Mayo Lake</li>
<li>8 miles southeast of Hyco Lake</li>
<li>20 miles north of Durham, NC</li>
<li>30 miles north of Chapel Hill, NC</li>
<li>37 Miles north of Raleigh</li>
<li></li>
</ul>
ONLINE AUCTION, LISTING PRICE IS OPENING BID
Great light industrial development tract located in King NC. The tract is currently all wooded with direct access off of Newsome Rd and approx. 1-mile to the Hwy 52/Main St interchange.
<strong><span style="color: #ff0000;"><em>Dates</em></span></strong>
<ul>
<li><strong>Online auction only</strong> – opens 5<em>/7/24 at 12pm – closes 5/15/24 at 2pm</em></li>
</ul>
<span style="color: #ff0000;"><em><strong>Details</strong></em></span>
<ul>
<li>+/- 1.52 acres</li>
<li>Zoned L-I</li>
<li>Municipal utilities near by.</li>
<li>Just north of the Main St / Hwy 52 Intersection</li>
<li>Access easement granted to tract along Vegas Ct.</li>
<li>Adjacent tracts available</li>
</ul>
<span style="color: #ff0000;"><em><strong>Location</strong></em></span>
<ul>
<li>Located in King NC / adjacent properties are annexed</li>
<li>.9 miles to Hwy 52</li>
<li>15 miles north of Winston Salem NC</li>
<li>35 miles northwest of Greensboro NC</li>
</ul>
<span style="color: #ff0000;"><em><strong>Terms</strong></em></span>
<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. All offers submitted prior to the start of the auction 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 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>
<strong>NCAL#10762</strong>
