SOURCE: Woltz & Associates

Woltz & Associates

April 21, 2011 10:47 ET

Bedford County Riverfront, Rural & Development Land to Be Auctioned May 25

FOREST, VA--(Marketwire - Apr 21, 2011) - Approximately 531 acres of land -- including frontage on the Big Otter River and Buffalo Creek near Lynchburg -- will be up for auction Wednesday, May 25, with Woltz & Associates managing the sale.

The land will be sold in 13 tracts, ranging from just over four acres to more than 200 acres, according to Jim Woltz, president of Woltz & Associates. The tracts offer a wide variety in end uses, including potential horse farms, hunting land, development, conservation easements and large riverfront home sites.

"This is a rare opportunity to purchase some of the most desirable land in Bedford County in the Forest community, and the most remarkable thing is that all of these tracts are selling absolute, meaning they will sell to the highest bidder, regardless of price," Woltz said.

"The combination of an absolute auction with tracts that range so dramatically in size will enable bidders to get some great deals, whether they're looking for a substantial tract of land or just a few acres. In addition to excellent hunting, this land offers potential for development or creation of a conservation easement. Bidders can combine tracts to bid on various configurations that suit their exact needs," said Woltz.

Woltz added that most of the tracts include road frontage on Route 24, and five tracts have river and creek frontage. The property is only minutes from Route 460, Lynchburg, and Forest in Bedford County.

The auction will take place Wednesday, May 25 at 5 p.m. at the Kirkley Hotel, 2900 Candlers Mountain Road, Lynchburg, Va. Auction representatives will be available to offer tours and property inspections on May 14, 15, 21 and 22. Individuals seeking further information may contact Woltz & Associates at (800) 551-3588 or visit www.woltz.com.

Woltz & Associates is a leading auctioneer of estate properties, commercial properties, land, homes and other high-value real estate throughout the United States. More auction information.

Contact Information

  • For more information:
    Carl Carter
    (205) 378-9290
    Lindsay Fernandes
    (205) 909-3705