Selling for the Virginia Tech Foundation.

Absolute Auction of Residential Mutli-Parcel tracts

PROPERTY LOCATION

Lancaster Shores Subdivision

Shore Dr & Lancaster Creek Rd

Lancaster, Va 22503

AUCTION LOCATION

Lancaster County Administrative/Court Building

8311 Mary Ball Rd

Lancaster, Va 22503

Offered in 5 Residential Tracts (tracts have multiple tax parcels) in the Lancaster Shores Subdivision. Quiet setting close to Belle Island Park, Lancaster Creek, the Rappahannock River and Chesapeake Bay. Approx. 1hr from Fredericksburg, Richmond and Williamsburg, VA.

All parcels offer a water system managed by Aqua Virginia with a $2500 connection fee. All lots require private septic.

TRACT 1: 2.15 Acres

4 tax parcels including Lancaster County Tax Map #s 5A-1B-25 thru 28

360 of frontage on Shore Dr

Waterfront along Lancaster Creek which has direct access to the Rappahannock

Total tax assessment $56,500

TRACT 2: 1.5 Acres

4 tax parcels including Lancaster County Tax Map #s 5A-1B-21 thru 24

Nice corner lot

295' Frontage along Lancaster Creek Dr

258' +/- of frontage on Shore Dr

Total tax assessment $20,500

TRACT 3: 0.77 Acres

2 tax parcels including Lancaster County Tax Map #s 5A-1C-2 & 3

Corner Lot

295+' Frontage on Shore Dr

100+' Frontage on Washington Street

Total tax assessment of $8,000

TRACT 4: 1/2 acre & 0.65 Acre lots

3 tax parcels including Tax Map #s 5A-1B-43 & 44, & 5A-1-59 across the street

Possible 2 building tracts

Parcels 43 & 44 have 217' frontage on Shore Drive

Parcel 59 is a corner lot with 330' on Shore Drive and 108' on Lancaster Creek Rd

Total tax assessment $12,000

TRACT 5: 0.75 Acres

3 tax parcels including Tax Map #s 5A-1D-12 thru 14

Corner lots with 317' frontage on Lancaster Creek Rd and over 120' on Shore Drive

Neighbor's driveway does extend onto parcel 14.

Total tax assessment for $9,000

PREVIEW DATES

Wed. November 6 from Noon-3pm

Tue. November 19 from 3pm-5pm

Drive by viewing OK anytime during daylight hours

TERMS SUMMARY

10% buyer's premium. 10% deposit due at auction. Closing on or about 30 days. All tracts sell to highest bidder(s). Click on "Terms" tab for full terms and conditions.