AUCTION WILL BE CONDUCTED OFF-SITE AT "LAFAYETTE STATION" (26322 Constitution Highway, Rhoadesville, VA 22542)
Live On-Site Auction w/Live Real-Time Online Simulcast Bidding for Your Convenience!! Need a Mortgage?....Just click on one of the lenders in the "Financing" menu above.
This property is posted. Please do not enter the property. The property may only be viewed from the road or the air!! Please contact Tony Wilson for more information (540-748-1359).
This is a sale by Flora Pettit PC ("Trustee"), under the Deed of Trust recorded as Instrument No. 230001465 in the Clerk's office of the Orange County Circuit Court. Federal regulations generally prohibit the purchase of this property directly or indirectly by directors, officers, and employees of Farm Credit of the Virginias, ACA.
- 45.3 +/- acres of undeveloped Orange County land
- This land is partially wooded with open areas
- Federal regulations generally prohibit the purchase of this property, directly or indirectly, by directors, officers, and employees of Farm Credit of the Virginias, ACA.
- Tax Map: 46-116; Zoned: A; Annual real estate taxes: $1,011 (2025); Based off of the purchase price, a 10% deposit (with a 10,000 minimum) is due immediately after confirmation of final bid. If the deposit is greater than $10,000, you have 3 days to remit the balance to Flora Pettit PC. Your deposit must be in the form of a cashier's check or certified check (from a US bank/financial institution) made payable to yourself, which you will endorse over to Flora Pettit PC Trust Account. The deposit check must be shown at registration and the balance due at closing within 30 days; Property sold subject to trustee confirmation.
FOR REALTORS: If you are currently working with a Realtor and want them to represent you, please have them CLICK HERE and complete their Auction Bidder Representation Form. In order for the Realtor to be compensated, broker forms must be completed and submitted no later than 6 am on the day of the auction (10/23/26), and all terms adhered to.
Need Financing for this property?? Please contact Tony Wilson for financing information (540-748-1359)
Auction Terms and Conditions: In addition to the “General Terms and Conditions” referenced below, which apply to all of our services, the following Auction Terms and Conditions (“Auction Terms”) apply to the auction described above. Please review these Auction Terms and the General Terms and Conditions prior to participating or registering to participate in the auction, as they form a legally binding agreement between you and Nicholls Auction Marketing Group, Inc. (“Nicholls Auction”). Capitalized terms used but not defined in these Auction Terms will have the meanings ascribed to them in the General Terms and Conditions.
Approval to Bid: Approval to bid is subject to completing an on-site or on-line bidder registration form and verification of the required earnest money deposit by auction personnel. The approval of online bidders is subject to confirmation by the auction coordinator. Federal regulations generally prohibit the purchase of this property, directly or indirectly, by directors, officers, and employees of Farm Credit of the Virginias, ACA
Earnest Money: Based off of the purchase price, a 10% deposit (with a 10,000 minimum) is due immediately after confirmation of final bid. If the deposit is greater than $10,000, you have 3 days to remit the balance of the deposit to Flora Pettit PC. Your deposit check must be shown at registration and the balance due at closing within 30 days or as soon thereafter as the Trustee agrees. Property sold subject to trustee confirmation. Deposit must be in the form of a cashier’s check or certified check (from a US bank/financial institution) made payable to yourself, which you will endorse over to Flora Pettit PC Trust Account if you are the successful bidder. The deposit is non-refundable. The deposit will be held in a non-interest bearing escrow account until settlement.
Closing: If you are the successful Buyer (as defined in the General Terms), you must sign the contract with the Trustee immediately after the acceptance of the Final Bid. Buyer acknowledges and agrees that time is of the essence, and will close within 30 days. Buyer will pay for all of their closing costs associated with the transaction (please see the General Terms).
Real Estate Salesperson/Broker Acknowledgment: Although having a real estate salesperson/broker is not required, if you are working with a real estate salesperson/broker, the real estate salesperson/broker must complete the Auction Bidder Representation Form available here: “Auction Bidder Representation Form”. In order for your real estate salesperson/broker to be compensated, the Auction Bidder Representation Form must be completed and properly submitted no later than 6 a.m. on the day of the auction, which is 10/23/2026 (no exceptions). A registered real estate salesperson/broker can only represent one buyer at each auction event. If the auction at which you wish to bid has a live bidding component, your real estate salesperson/broker must attend the auction event in person regardless of whether you are bidding live in person on site or bidding on line off site, and real estate salesperson/broker must adhere to all terms.
Auction Premium: A 10% auction premium will be added to the Final Bid. (10% Auction Premium Example: Bid Price: $100,000, Plus 10% Auction Premium of $10,000; Total Amount Paid at Closing = $110,000). The Auction Premium is non-negotiable.
Information is not Guaranteed; Sale is “AS IS” with all Faults: Please refer to the “Property Information Packet” (found within the “Documents” section for this auction at www.nichollsauction.com) for more details about this auction. All information and dimensions made available by Nicholls Auction concerning the property was derived from sources believed to be correct, but are not guaranteed to be correct. You agree to conduct your own investigation and inspection prior to bidding, and you agree to rely on your own information, judgment, and inspection of the property. Any reliance on any of the information or dimensions made available by Nicholls Auction concerning the property is solely at your risk. The property is being sold ’AS IS’ with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding. All announcements made on the day of the auction will take precedence over all previously provided material and any other oral statements made.
No Contingencies: The sale of the property and Buyer’s obligation to purchase of the property is NOT contingent upon Buyer’s financing, the condition of property, an appraisal, an inspection, or any other condition (except to the extent provided in the applicable contract documents or required by applicable law).
Online Simulcast Bidding: Subject to the “Online Simulcast Terms” below, we are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Please understand (and you hereby agree) that online bidding will only be allowed if you are physically NOT on site at the live auction. Online bidding will NOT be allowed if you are physically in attendance at the live auction event. If compatible with your mobile or computer device, you can download our app in the Apple App Store or Google Play Store or use your web browser to register for and then bid during the live auction. Please see the next section for “Online Simulcast Terms.”
Online Simulcast Terms: The following additional terms form a part of the Auction Terms and apply to you if you are registered for or participating in LIVE ONLINE SIMULCAST BIDDING. If there is a conflict between any provision in these Online Simulcast Terms and the Auction Terms, the conflicting provision in these Online Simulcast Terms will control:
- Contact the Auction Coordinator with Questions: Please contact the auction coordinator (his or her name and contact number is on the NichollsAuction.com site under the auction you are bidding on) immediately if you need additional information.
- Bidder Verification: The identity of all bidders will be and must be verified (via phone, email or text). Bidding rights are provisional, and if complete verification is not possible, Nicholls Auction Marketing Group, Inc. will reject your registration, and your ability to bid will be terminated.
- Deposit Payment: If you are declared the successful bidder (or Buyer), the credit card that you provided at registration will be charged (and you agree Nichols Auction is authorized to charge your credit card) $500 toward your deposit. The remaining earnest money deposit of $9,500 must be in the form of cashier’s or certified check (United States Bank) or wire transfer to Flora Pettit PC and is due immediately. The entirety of the remaining balance of the final Purchase Price is due at closing. Buyer shall be responsible for all wire transfer fees. Please understand that the deposit is 10% of the purchase price with a minimum of $10,000 due day of auction. If there is a deposit balance that is due to Flora Pettit PC within 3 days of the auction.
- Contract Package: At the close of the auction, and after seller confirmation, if you are the Buyer, The Trustee will provide to you the contract for you to execute and return to Flora Pettit Immediately upon completion of the sale. If you are the Buyer and you do not execute immediately and deliver the contract with the remaining earnest money deposit, if any, within 3 days of the sale, you will be in default and subject to legal action. This is a legally binding contract.
- Technical Issues: Neither Nicholls Auction nor any of its affiliates or vendors, shall be held responsible or liable for a missed bid or any failure of the software or other computer systems or technology used for online bidding to function properly for any reason. In the unfortunate event of a DDOS attack, server attack, shut down, internet disruption, or technological problem, Nicholls Auction reserves the right, but is not required, to extend the bidding time. To minimize the chance of being affected by internet or software issues, please use the “Max Bid” feature.
General Terms and Conditions also Apply: Please review our General Terms and Conditions (the “General Terms”) found here: “General Terms and Conditions” which form a part of your agreement with us and govern your access to or use of any of our products or services, including, without limitation, our auctions, our website and our mobile applications.
- Event Type: Public Real Estate Auction Event
- Auction Date: Friday, October 23, 2026
- Auction Time: 12:00 Noon
- Auction Format: Live On-Site Auction with Live Real-Time Online Simulcast Bidding
- Auction Location: Off-Site at Lafayette Station
- Auction Location Address: 26322 Constitution Highway, Rhoadesville, VA 22542
- Sale Authority:
- Trustee: Flora Pettit PC
- Sale Type: Trustee Sale
- Deed of Trust Instrument Number: 230001465
- Recording Office: Clerk's Office of the Orange County Circuit Court
- Purchase Restriction: Federal regulations generally prohibit the purchase of this property, directly or indirectly, by directors, officers, and employees of Farm Credit of the Virginias, ACA
- Property Details:
- Property Type: Undeveloped Land
- Location: Orange County, Virginia
- Acreage: 45.3 +/- acres
- Land Characteristics:
- Partially wooded
- Open areas
- Tax Map Number: 46-116
- Zoning: A
- Annual Real Estate Taxes: $1,011 (2025)
- Property Access and Viewing:
- Property is posted
- Do not enter the property
- Property may only be viewed from the road or from the air
- Contact for Additional Information: Tony Wilson
- Contact Phone: 540-748-1359
- Deposit and Payment Terms:
- Deposit Amount: 10% of purchase price
- Minimum Deposit: $10,000
- Initial Deposit Due: Immediately after confirmation of final bid
- If Required Deposit Exceeds $10,000:
- Buyer has 3 days to remit the remaining deposit balance to Flora Pettit PC
- Acceptable Deposit Form:
- Cashier's check or certified check
- Check must be issued by a U.S. bank or financial institution
- Check must be made payable to the buyer
- Buyer will endorse the check over to Flora Pettit PC Trust Account
- Deposit Check Requirement:
- Deposit check must be shown at registration
- Closing:
- Balance of purchase price due at closing
- Closing must occur within 30 days
- Sale Confirmation:
- Property sold subject to Trustee confirmation
- Financing:
- Mortgage financing information is available
- Lender information is available through the "Financing" menu
- Financing Contact: Tony Wilson
- Financing Contact Phone: 540-748-1359
- Realtor / Broker Participation:
- Buyers currently working with a Realtor may have their Realtor represent them
- Required Form: Auction Bidder Representation Form
- Broker Participation URL: http://www.nichollsauction.com/broker-participation
- Broker Form Submission Deadline: 6:00 AM on October 23, 2026
- Realtor Compensation Requirement:
- Broker forms must be completed and submitted by the deadline
- All broker participation terms must be adhered to for the Realtor to be compensated

