Land for Sale in the City Of Elkin Nc

Description

Land for Sale in the City of Elkin NC

Discover an incredible commercial development opportunity
in the town of Elkin, North Carolina. This +/- 15.09 acre property,
offered as one offering, consists of 2 tax parcels located within the
Elkin City limits. Public water, sewer, and natural gas are potentially
available. Property is subject to the Town of Elkin zoning regulations. The front
parcel is zoned Medical Arts, making it ideal for professional offices,
healthcare, or related services, while the rear parcel is zoned
High-Density Residential, offering potential for multi-family housing or other
residential development. The Town of Elkin has expressed openness to
conversations regarding potential uses, providing flexibility for developers
and investors. With road frontage on Johnson Ridge Road and being
located directly behind Lowe’s Hardware, the location provides a high
traffic count, easy accessibility and great visibility. The property sits near
the intersection of CC Camp Road and Johnson Ridge Road, one of Elkin’s
busiest commercial corridors. A portion of the proceeds benefit Samaritan’s
Purse, a NC Non-Profit Corporation. Don’t miss this unique opportunity to build
in a community on the rise, while supporting a meaningful cause.

Online Auction Ends Tuesday, July 15th at 3 PM
TBD Johnson Ridge Rd., Elkin, NC 28621

Click Here for Bidder Packet
Click Here for Interactive Map
Click Here for Property Video
Click Here for Zoning
Click Here for Surry County’s Economic Development Office

DIRECTIONS: From Exit 85 on I-77, take CC Camp Road to a left onto
Johnson Ridge Road. Property is on the left, right past Lowes. See signs.

CONTACT: Broker & Auctioneer Matt Gallimore at (540)
239-2585 or email Gallimore.Matt@gmail.com. You can also contact Broker & Auctioneer Sharon Roseman
with United Country Big 6 Properties at (828) 320-4726 or email SharonCRoseman@gmail.com.

BIDDER PACK: Download Bidder Pack for complete information.
Bidder Pack has maps, complete terms and conditions, sample contracts, tax
cards, and restrictions. Some of the plats in Bidder Pack may have notations
and boundaries created by Auctioneer for illustration purposes, however
unchanged surveys are in Bidder Pack as well.

SOFT CLOSE: If a bid is received within the last
2 minutes of the auction or after 3 PM, the auction close time will
automatically extend 2 minutes to allow other bidders an opportunity to
competitively bid prior to the auction closing. This feature eliminates
“snipers” and encourages fair and impartial bidding from all participants.

BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall
be added to the final online bid, which will determine the Total Contract Sales
Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will
be added to the winning bid to create the Total Contract Sales Price for which
they are obligated to pay for the property. Example: (winning online bid
$100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s
Premium is not due until closing.

PRE-AUCTION SALES: As an agent for the Seller, the
Auctioneer must present any and all bona fide written offers to the Seller,
which may be created outside of the online bidding platform. Therefore, all
properties are subject to pre-auction sales. Pre-auction offers must meet all
off the auction terms and conditions and must be submitted to the Auctioneer on
the Auction Real Estate Sales Contract, along with the required earnest
deposit. Properly submitted offers will be presented to the Seller in a timely manner.
Seller may accept or reject such offer at their sole and absolute discretion.
When a pre-auction offer is submitted, all properly registered online bidders
will be notified that “an offer” has been submitted and on which specific
property, however the amount of the offer shall remain confidential. All
pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A
Referral Fee of 2% of the high bid is offered to a cooperating NC State
Licensed Real Estate Salesperson/Broker on any pre-auction offers that are
properly completed and submitted on the appropriate forms
provided. Download Bidder Pack for Online Bidder’s Agreement,
maps, sample contracts, and property information.

TERMS & CONDITIONS: 10%
Buyer’s Premium will be added to final high bid to arrive at contract price.
Earnest Money Deposit of $10,000 is
required on the day of sale. Close on or before August
29th, 2025. Subject to seller confirmation. Property sold as is, where
is with any and all faults. Buyer is expected to complete their own due
diligence before placing a bid. Auction starts ending at 3
PM on July 15th, 2025. Please note that during the last
two minutes of bidding, if a new bid is placed, the clock is automatically
extended an additional two minutes. Be sure to register to bid early to
ensure you receive notifications regarding any changes to the Auction, Bidder
Packet and/or Pre-Auction offers received. Download Bidder Information Pack for
complete terms and conditions, purchase contract and maps.