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Parcel 1: 13.4 Acres

Parcel 1: 13.4 Acres

Description

13.4 Acres w/220’ of frontage on Lawndell Rd.

  • Round 1 – Parcel Bidding
    • High bidder's choice, on a per-acre basis.
  • Round 2 – Combination Bidding
    • The parcels may then be offered together in combination.
    • To tie the parcels together, the combination bid must exceed the total of the individual parcel bids by 1%.
  • Round 3 – Defend Your Position
    • If the parcels are combined in Round 2, each prior parcel bidder will have one opportunity to raise the bid on their parcel only.
    • The parcels will not be reopened to all bidders.
    • Online bidders will be called at the phone number used during registration to confirm whether they wish to raise their bid.
    • If the Round 3 parcel raises exceed the Round 2 combination bid by 1%, the parcels will remain separated heading into the final combination round.
  • Round 4 – Final Combination Offering
    • The property will then be offered one final time as a combination.
    • This round is open to anyone bidding on the property in its entirety.
    • A combination bid must exceed the Round 3 parcel total by 0.5%.
    • If that raise is met, the property will sell as a combination.
    • After Round 4, the individual parcels will not be reopened for additional raises.
  • Final Note
    • No bid is final until the auctioneer says sold.

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