Super Walmart Shadow Dev - Industrial, Retail & MF Parcels Emporia, VA

Super Walmart Shadow Dev: Industrial, Retail & Multifamily Parcels, Emporia, VA

Estate Auction of superior location at an I-95 interchange and surrounding an established Super Walmart! Three offerings to be auctioned separately and together: +/-33 acre industrial site, +/-12.5 acre multifamily parcel and +/-10.7 acre commercial/retail parcel, all Super Walmart shadow development sites.

Offering FX2033A: Industrial

• +/-33.14 Acres
• Zoned I-1
• Potential uses include mini storage, outside storage yard, warehouse, distribution, and manufacturing among others
• Utilities: Water and sewer are to the property. See utilities map in PIP.
• Frontage on both I-95 service road, Cloverleaf Drive and Commonwealth Boulevard
• Easy access to north and south-bound I-95

Offering FX2033B: Multifamily

• +/-12.52 Acres
• Zoned R-3
• Potential uses include single family, duplex and multifamily dwellings, group homes, doctors and other professional offices, and multisectional manufactured homes/mobile homes among others.
• Best MF development site in Southside Virginia
• Maximum Density: 155 units
• Utilities: Water and sewer are to the property. See utilities map in PIP.

Offering FX2033C: Commercial/Retail

• +/-10.68 Acres
• Zoned C-2
• Potential uses include auto, truck and manufactured home sales/service/storage; drugstore; car wash; gas/service station; mini storage; pari-mutuel wagering/entertainment; office; restaurant including fast food and drive thru; and shopping center among others.
• Immediately behind Food Lion-anchored strip retail and across street from Super Walmart!
• Utilities: Water and sewer are to the property. See utilities map in PIP.

Offering FX2033D: Entirety Offering

(Offerings A, B and C combined)

The auction features three development land offerings; bid on an offering individually or all combined.  No winning bids will be awarded until all four auctions are concluded. Results will be considered in the aggregate in such manner as will result in maximizing sales proceeds to the Seller.
 

Offering	Street Name	Tax Map #	Zoning	Acreage	Taxes
FX2033A	Commonwealth Blvd.	81-A-0-2	I-1	+/-19.12	$1,145.40
	Cloverleaf Drive	82-A-0-4	I-1	+/-14.02	$644.92
				+/-33.14	$1,790.32
FX2033B	Commonwealth Blvd.	102-A-0-4	R-3	+/-12.52	$2,625.68
FX2033C	Market Drive	101-A-0-10	C-2	+/-10.68	$4,656.12
FX2033D	Entirety Offering			+/-56.34	$9,072.12

Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere, and more complete zoning information.

VAAF423

Directions:

Take I-95 Exit 11A onto US-58/Atlantic Street then left at first light onto Market Street. Pass Food Lion and first parcel is immediately on right. Other parcels are immediately past the Super Walmart.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Bill Londrey CAI

Bill Londrey CAI: Tranzon Key

804-513-0544 blondrey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 6% Buyers Premium based on the high bid.
• Closing: 30-Day closing, sold in As-Is condition, no contingencies. Provided Buyer can exhibit sufficient progress toward closing, if desired, Seller will offer a two-week closing extension for an amount equal to 50% of the initial deposit.
• Deposit Amount: High bidder is required to execute a Contract for Sale and Purchase of Real Estate and remit to Tranzon by close of business the day of the auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
• Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.