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Land Auction: 415± Acres of Timberland

For Auction: 415 Acres On Tuesday August 29th, 2017
Bedford County, Bedford, Virginia, United States
Property Images Property location map and directions
Botetourt & Bedford Counties:

Tracts 1 -9 totaling 415.5± acres on the Botetourt and Bedford County line near the community of Blue Ridge, Virginia. These valuable land tracts offer a combination of highly desirable hay and pastureland along with mature timberland as well as plenty of public road frontage. An added bonus is a long-term mineral lease providing a minimum of a $75,000 annual income stream and two rental houses. The mineral lease covers tracts 2, 6 and part of 7.
Directions to Property:

From the West: From the intersection of Route 460 and Alternate Route 220 in Bonsack, go east on Route 460 for 5 miles. Turn right on Healing Springs Road (Route 805). Go 0.3 miles to property on both sides of road.

From the East: From the intersection of Route 460 and Route 460 Business in Bedford, go west on Route 460 for 14.9 miles. Turn left on Healing Springs Road (Route 805). Go 0.3 miles to property on both sides of road.
Tract Descriptions:

Tract 1: 9.914 Acres. This is very nice recreational tract with a small stream and good access off of Healing Springs Road.

Tract 2: 67.534 Acres. Upland hay and pastureland make this a very attractive tract with great views of the surrounding countryside. Additionally the mineral lease will provide an annual income for multiple years.

Tract 3: 37.494 Acres. This is a great wooded tract offering multiple building sites, recreational opportunities, merchantable timber and a long frontage on Healing Springs Road. Don’t miss out on this unique opportunity.

Tract 4: 1.261 Acres. Two well maintained rental houses make this a wonderful investment opportunity. One house currently is leased for $525/month. The other house is vacant but last leased for $450/month.

Tract 5: 16.052 Acres. Great wooded tract with elevated sites and frontage on Healing Springs Road.

Tract 6: 25.124 Acres. Ideal tract with great pasture and hayland, beautiful mountain views and a share in the mineral lease income.

Tract 7: 114.858 Acres. This large wooded tract offers future timber revenue, hunting/recreational opportunities, potential building sites and part of the mineral lease revenue. Take advantage of this opportunity now.

Tract 8: 11.463 Acres. This is a nicely wooded tract with merchantable timber. Make sure you take a look.

Tract 9: 130.835 Acres. Good access ,merchantable timber and excellent hunting opportunities make this tract a great investment.

For more information visit:

Land Uses & Features
Agriculture • Timberland

Property Location
City/Town: Bedford
County: Bedford
Zip/Postal Code: 24523
State / Province:   Virginia
Country: United States
Property Location Map, GPS Coordinates & Directions
Directions To Property:
From Route 221/Route 460 at Gus W Nicks Boulevard: Turn onto Gus W Nicks Blvd NE, keep straight onto E Washington Ave. Turn left on Blue Ridge Lane. Arrive at 820 E. Washington Ave. Vinton, VA. Behind Vinton War Memorial.

Owner / Agent / Sellers Information

Name: Charlie Wade
Company: Woltz & Associates, Inc.
Address: 23 Franklin Raod
Roanoke, Virginia
24011, United States
Business Phone: 800-551-3588

Have questions about this property? Ask the owner/seller by using the form below.
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LSL Listing ID: 43684

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