Smyth County, Virginia - Near Rich Valley
Sealed Bid Real Estate Auction
1,146± Acres Offered In 3 Tracts
Sealed Bid Deadline: November 10, 2015 At 3:00 PM Eastern Standard Time
Preview Dates: Property can be seen at the previews dates below or by
appointment only. Call for a private showing. Meet auction staff at entrance, Thursday, October 22 & 29 at 12-4 PM and Sunday, November 8 from 12-4 PM.
DISCLAIMER: Preview the property at your own risk. Seller and Auction Company assume no risk or liability. By entry of this property you are agreeing to indemnify, defend and save harmless Owner and Auction Company from any suits, actions, claims damages or costs including but not limited to attorney’s fee, if applicable.
Joins National Forest • Farm & Recreation • Abundant Wildlife
This magnificent property is where the United States Gypsum Company mined Gypsum for almost 40 years. The mine was known as the “Locust Cove” site. Reclamation began almost immediately after operations ended. United States Gypsum Company won the 2002 Virginia Statewide Mining Reclamation Award for successfully returning the Locust Cove underground mine near Rich Valley in Smyth County, VA., to its original state. Today the property consists of rolling hills and open meadows and is inhabited by an abundance of deer, turkey, bear and other wildlife.
Boundaries are Approximate
Tract Acreage (±) Description Minimum Bids
1 312 Pasture and rolling meadows, stream,
8’ tall chain link fence (marked in red), approx. 18,000 feet of fencing, National Forest, 3 phase power
$900 per acre
2 319 Wooded, rolling hills and ridges, joins National Forest, great hunting tract
$325 per acre
3 515 Wooded, gentle ridges to top, joins National Forest, Pauley Branch flows through, great hunting tract $325 per acre
All Acreage Estimated - Final Acreage When Survey is Complete
NOTICE: Timber has been sold for a harvest of merchantable saw timber within the property boundaries. Timber Buyers will leave trees with a stump diameter equal to or less than 14 inches in diameter. All timber to be removed and cutting complete by September 4, 2019.