Matt Gallimore
Broker | Owner | Auctioneer
Ask Matt Gallimore
Check out this +/- 17.88-acre property offering multiple building sites and excellent development potential. Located in Moneta, the property is about 1 mile from Smith Mountain Lake between Hales Ford Bridge and Westlake Corner on Booker T. Washington Hwy, State Hwy #122.
This land has +/- 930 ft of frontage on Booker T. Washington Highway, with additional frontage on Red Bud Lane, Second Watch Drive, and Lakewatch Drive, this provides access from four roads. Property does have public water.
Located near the lake, with high visibility, and multiple access points, this property has an excellent opportunity for either commercial or residential development.
Property is zoned PCD in Franklin County, VA. Click Here for zoning ordinances.
Online Auction Ends Thursday, June 4th at 4PM
TBD Booker T Washington Hwy., Moneta, VA 24121
Click Here for Bidder Packet
Click Here for Interactive Map
Click Here for Property Video
CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Booie DeHart at (276) 952-5061 or email BooieD@yahoo.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 4 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 VA 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. Close on or before July 20th, 2026. 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 4 PM on June 4th, 2026. 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. Bidders are expected to download and review Bidder Information Pack for complete terms and conditions, purchase contract and maps.
Directions:
From Moneta VA- Drive South towards Westlake Corner, after about 5.5 miles, property will be on your right marked by signs
