Roanoke County, Virginia
Sealed Bid Auction
Bid Deadline: October 29, 2015 at 3:00 PM Eastern Daylight Time
Preview Dates: View anytime at your leisure, or call for a private showing.
Meet auction staff at Yale Drive entrance,
Thursdays, October 15 and 22 from 2:00 PM to 4:00 PM
Sold At Or Above A Minimum Bid Of $279,000
Well Suited For Residential Development, Agricultural Pursuits, Timber Investment or a Spectacular and Private Single Family Retreat.
This prime 89.844± acre tract is ideally located in Roanoke County just west of the City of Salem. The property has great development potential with public water and sewer on site. Zoning is single family residential
(R-1). The land is approximately 30% open pasture/hayland and the balance is wooded with merchantable timber. The property offers long range mountain views. There is over 600 feet of road frontage on Main Street/Route 11/Route 460 just west of Yale Drive, in addition to developable legal access from Edgewood Street via the 50 ft. paper street extending from the intersection of Edgewood Street and Maywood Avenue to the property. This prime tract is in two tax parcels - to be offered together as one tract.
This is an exceptional rural property located close to Salem City limits. This tract offers opportunities for agricultural and timber production, as well as residential development, with public water and sewer available.
In lieu of development, prospects may consider the potential conservation easement benefits offered by this beautiful property.For more information, please contact Boyd Temple (VA# 1850) or Charlie Wade (VA# 3176).