5402 Roanoke Rd, Troutville, VA 24175

REAL ESTATE AUCTION. This property will be sold at online only auction. The starting bid is only $75,000.00, and the property is being offered subject to seller confirmation. This is not a traditional listing. All prospective buyers must register to bid, and all offers must be made through the auction platform on our website. Located at 5402 Roanoke Road in Troutville, Virginia, this home sits on a high visibility 0.93 acre corner lot directly on US 220 in one of Botetourt County's most desirable and fast growing areas. This property offers excellent access, strong traffic counts, and long term potential for residential, investment, or small business related use subject to zoning and buyer verification. Built in 1902, the home offers 2,747 square feet of living space with 3 bedrooms and 1 bathroom. The main structure includes tall windows that provide natural light, classic Folk Victorian farmhouse lines, and a flexible floor plan suitable for renovation or improvement. The property also includes a large detached garage or workshop, ideal for storage, equipment, hobbies, or possible home business needs. The corner lot configuration enhances visibility and accessibility, making this property attractive to investors, owner occupants, and buyers seeking highway frontage. The surrounding area consists of a mix of residential homes, small businesses, and open land, with convenient proximity to Roanoke, Daleville, and neighboring Botetourt County communities. Auction Details This is an online only auction. Bidding closes on Tuesday, December 16 at 2:00 PM with a 2 minute auto extend feature. All bidding must take place on the auction website. Open House Monday, December 8 from 3:00 PM to 5:00 PM. Private showings may be scheduled with the auctioneer. Terms of the Auction The property sells AS IS, with no contingencies of any kind. A $10,000.00, nonrefundable deposit is required from the high bidder within 24 hours of seller confirmation of the winning bid. Closing must occur on or before 45 days. A 10 percent buyer premium will be added to the high bid to determine the final contract price. Buyer is responsible for all closing costs, and real estate taxes will be prorated to the date of settlement. Buyer is encouraged to conduct all inspections prior to bidding. Financing is permitted, but the sale is not contingent upon loan approval, appraisal, inspection, or any other buyer condition. This real estate auction represents a rare opportunity to purchase a corner lot with US 220 frontage at auction pricing. Buyers should complete their due diligence and register to bid on our website.