REAL ESTATE AUCTION

145+/- acres on Grayson Pkwy

This auction is of 145.5+/- acres located on Grayson Parkway (Hwy 58) approximately 5 miles east of Independence, VA. The property consists of (8) separate parcels, all contiguous, that will all be sold together as a single property. This includes some large parcels with acreage and some smaller lot size parcelsThe property has several hundred feet of frontage on Grayson Parkway and is across from the east west crossover. The property also has some road frontage on Sugar Shack Rd and a large amount of frontage on both sides of Peaceful Lane. Most of this proerty is wooded.

ALL (8) PARCELS WILL BE SOLD TOGETHER AS A SINGLE PROPERTY AND WILL NOT BE DIVIDED.

THIS AUCTION IS BEING HELD FOR THE LENDER APPOINTED RECEIVER. THE LENDER HAS ORDERED THIS PROPERTIES TO BE SOLD. THERE IS NO SET MINIMUM OPENING BID AND THE SALE IS SUBJECT ONLY TO RECEIVER CONFIRMATION.

THIS AUCTION WILL BE HELD LIVE ON LOCATION AT THE PROPERTY ON WEDNESDAY, AUGUST 27, 2025 AT 10AM. THERE IS NO ONLINE BIDDING AVAILABLE FOR THIS AUCTION. THERE IS NO UPSET OR BID RAISE PERIOD FOR THIS AUCTION. THE HIGH BID AT THE LIVE AUCTION WILL BE THE FINAL BID AMOUNT.

GRAYSON COUNTY TAX DATA

Parcel 1 - 6.000 acres - Map 74-A-118 B

wooded tract fronting on Grayson Parkway

appears to have driveways from HWY 58 

Parcel 2 - 5.550 acres - Map 75-A-2A

wooded tract fronting on Peaceful Lane

Parcel 3 - 15.47 acres - Map 75-A-2

wooded tract fronting on Grayson Parkway

appears to have driveways from HWY 58

Parcel 4 - 12.34 acres - Map 55-A-27

wooded tract with (2) cleared lots

fronting on Peaceful Ln & Sugar Shack Rd

camper and MH are not included

Parcel 5 - 100.0 acres - Map 75-A-1

wooded tract located behind parcel 1, 2, 3, & 4

Parcel 6 - 2.029 acres - Map 75C-1-6

lot fronting on Peaceful Ln & Sugar Shack Rd

Parcel 7 - 2.045 acres - Map 75C-1-4

lot fronting on Peaceful Ln & Sugar Shack Rd

Parcel 8 - 2.137 acres - Map 75C-1-5

lot fronting on Peaceful Ln & Sugar Shack Rd

*Please take note that 159 Peaceful Lane (the parcel located between 4 & 6) along with the lots and homes beyond Lot 7 are owned by other parties and are not a part of this auction. We encourage you to look at the auction properties but ask that you be respectful of the neighbors and this quiet little community.

More information is available below by clicking the "MAP & BROCHURES" tab. Folder will appear as a zipped file with pdf files for viewing, printing, or download.

TERMS & CONDITIONS

SELLER – This property is being sold by CBA for the Reciever who has been appointed in this matter.

THE PROPERTY IS BEING SOLD “FREE & CLEAR” OF LIENS – Any liens, if any, will be satisfied at or before closing and is being sold free of all known liens. Buyer will receive marketable title to the property.

THE PROPERTY IS BEING SOLD “AS IS, WHERE IS” – This property is being sold in its current condition with no Buyer contingencies. The information included in the advertising, sales packages, and other is intended for general information purposes only. This information has been provided to us as accurate from outside sources, public records, and other information platforms, however the Seller, Country Boys Auction & Realty, Inc., its employees, Brokers, and associates, hold themselves harmless for any and/or all the information provided in this package. Furthermore, all drawings, maps, letters, descriptions, etc., are “unofficial.” It is the sole responsibility and obligation of the buyer to inspect the property prior to the time of sale and do any and all research they deem necessary prior to bidding.

BROKER - Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities. Any agent or Broker working with a Buyer will be a Buyer's Agent and would need to be compensated by the Buyer.

DEPOSIT - A deposit in the amount of 10% of the high bid amount is required by the high bidder immediately upon completion of the auction. Cash or check is accepted.

CLOSING – The balance of the sales amount will be due at closing. The Buyer will have (30) days from the time of confirmation to close on the property.

TAXES - The property is being sold with taxes prorated as of day of closing, meaning the current year taxes will be split between the Buyer and the Seller based on the closing date; the Seller will pay all prior year’s taxes.

NO BUYER’S PREMIUM - THIS IS A PUBLIC AUCTION

ANNOUNCEMENTS AT THE TIME OF AUCTION TAKE PRECEDENCE OVER ALL OTHER INFORMATION.