Saturday, February 1, 2025 at 10:00 am Central — SELLING ONSITE
Expansive 192-Acre Estate in Brundidge, Pike County, Alabama
Experience the rare opportunity to own a significant portion of pristine land in Brundidge, Alabama, with this stunning 192-acre tract. Perfectly situated at the intersection of County Roads 3339 and 3338, and just minutes from the vibrant town of Troy, this property offers unmatched potential for personal estates, agriculture, recreational activities, and more.
Property Highlights:
- Versatile Land Use: This expansive property features open fields ideal for farming or livestock, alongside large wooded areas providing privacy and excellent hunting opportunities. The versatility of the land supports a wide range of uses from agricultural endeavors to leisure and recreational activities.
- Creek Frontage: White Water Creek forms the picturesque western boundary of the property, with many tracts offering direct creek frontage—a serene setting for homesites or recreational use.
- Strategic Location: Located just a short drive from downtown Troy, AL, this property combines the tranquility of rural living with the convenience of nearby amenities and services. The strategic location enhances its appeal for development or personal use.
- Offering Flexibility: Available in tract sizes starting from 3 acres and up, buyers have the flexibility to purchase land according to their specific needs, whether looking for a modest homestead or a sprawling agricultural enterprise.
Investment Potential:
- Diverse Development Opportunities: With zoning that supports various uses, investors and developers can maximize the potential of this land, subdividing into estate-size tracts or developing a cohesive agricultural or recreational community.
- Recreational and Lifestyle Appeal: The combination of open fields, wooded areas, and creek frontage makes this property an excellent choice for outdoor enthusiasts and those seeking a country lifestyle.
- Accessibility and Visibility: The property’s significant road and creek frontage increases its value and ease of access, making it an attractive investment for both private buyers and developers.
Don’t miss this exceptional chance to own a piece of Alabama’s beautiful landscape in Pike County. Whether you are looking to establish a family estate, kickstart an agricultural project, or secure a recreational paradise, this 192-acre property offers the space, natural beauty, and strategic location to realize your dreams.
Explore the possibilities today and discover how this premier property can serve as the foundation for your next big venture or a tranquil retreat from the hustle and bustle of city life.
PROJECT MANAGER/AGENT: Randy Land – 706.252.0532 – [email protected]
OPEN HOUSE: This property is open for Inspection. Auction representatives will be onsite January 31, 1:00-3:00 PM.
BIDDING: The auction will be Simulcast with the opportunity to participate Live, in person, or online, whichever is most convenient.
SALE SITE: Property to be SOLD onsite under the Dempsey Tent.
TERMS AND CONDITIONS: Real Estate: 10% Buyer’s Premium. 10% Down on Sale Day with the Balance Due on or Before 30 Days from Sale Day, contact our office for details!
CLOSING: Closing to be on or before 30 days from Sale Date.
BROKER PARTICIPATION: Dempsey Auction Co will pay any licensed Broker/Agent a referral commission for any registered client who successfully closes on the property. CONTACT OUR OFFICE FOR PRECISE DETAILS.
For plats, brochures, or further sales information on this auction, contact US BY NAME at 800.DEMPSEY (336.7739).
EXHIBIT “B”
TERMS AND CONDITIONS
192 ACRES
BRUNDIDGE, PIKE COUNTY, ALABAMA
SATURDAY, FEBRUARY 1 at 10:00 AM CT
These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “B”, which will prevail over this document and any other agreement between the Buyer and Seller.
CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with Gavin Ventures LLC. (Seller), TO OFFER AT AUCTION, approximately 192 acres of real estate located on County Rd 3338 and 3339 in Brundidge, Pike County, AL.
All property, real and/or personal, is selling “AS IS, WHERE IS” and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental conditions including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products concerning the property are given by the Auctioneer or Seller. Neither the Auction Company nor the Seller makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction, that he/she has inspected the Property and is not relying on any warranty or representation of the Seller, Auctioneer, or any agent thereof.
We require all bidders to register and obtain a bid number in order to participate in the bidding process. All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during, or after the auction.
The Seller has the right, at their sole discretion, to add or withdraw all or any portion of the property before the auction on Saturday, February 1st at 10:00 AM CT this property is Selling Subject to Owner Confirmation and all offers may be held open until Monday, February 3rd at 5:00 PM CT.
CONVEYANCE: All property will be conveyed by Limited Warranty Deed with title insurance available at the Purchaser’s expense.
RESERVATIONS & RESTRICTIONS: The real estate will be sold subject to any and all restrictions (As set forth in a Warranty Deed recorded in Deed Book 2024, Pages 3153-355 in the office of the Probate Judge in Pike County, AL) , public utilities, encroachments, zoning ordinances, easements, Brundidge, Pike County regulations, any existing rights of way (if any), and all other matters now of record or shown on attached plat.
ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 10% of the Contract Price as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. The purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.
TECHNICAL SOFTWARE ISSUES: NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR THE AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Dempsey Auction Company is providing online bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Dempsey Auction Company or anyone else if the internet service fails to work correctly. Dempsey Auction Company will not be responsible for any missed bids from any source.
DEFAULT: In the event, that a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Conditions and the Sales Contract.
PAYMENT: A 10% Buyer’s Premium on Real Estate will be added to the Bid Price on all real estate today to arrive at the final purchase price. The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 10% of the final purchase price immediately following the Auction. This payment may be made with either a personal or company check. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.
SURVEY: There is a new recordable survey performed for this auction by registered surveyors J.R. Butts Surveying and Mapping of Luverne, Alabama which shall be recorded in the Office of the Clerk of Superior Court of Pike County Alabama. There is a survey/staking fee of $450.00 per tract for 6-19, $1000.00 per tract for 1,3,4,5,20, and $1500.00 for tract 2, which will be due and collected today. All front pins are in place and all rear corners shall be in place prior to closing. The accuracy of the survey is the sole liability of the surveyor and the Purchaser, and the Purchaser does hereby release the Seller and Dempsey Auction Co from all liability in all matters concerning the survey. Any additional flagging of the lines would be at the purchaser's expense. Today’s sale plat is for auction purposes only.
CLOSING: Closing shall take place within 30 days of auction, in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney is Mr. Trey Green at Braxton F. Green III, 1030A Brundidge Street. We encourage you to contact Mr. Green’s office at 334-770-1321 as soon as possible to discuss and set up a date and time for the closing.
CLOSING COSTS: The Seller will provide a Limited Warranty Deed, unless otherwise disclosed, at closing. If for some reason the Seller is unable to convey good and marketable title to the property, unless otherwise noted, the Purchaser(s) Earnest money deposit will be returned.
All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.
POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before Monday, March 3, 2025.
TAXES: The Real Estate property taxes will be prorated to the date of closing.
AGENCY: The Auctioneer is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between the seller and the Auctioneer. The Auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the Auctioneer.
BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms or conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced, or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. All announcements made from the auction stand take precedence over all other verbal, printed, announced, and/or distributed information.
METHOD of SALE: DAC reserves the right to offer the property any way we see fit to obtain the seller the most money.
Dempsey Auction Company is the “Agent of the Seller”, and our fiduciary duties of loyalty and faithfulness are owed to the Seller.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand, and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “B”.
TERMS AND CONDITIONS
192 ACRES
BRUNDIDGE, PIKE COUNTY, ALABAMA
SATURDAY, FEBRUARY 1 at 10:00 AM CT
These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “B”, which will prevail over this document and any other agreement between the Buyer and Seller.
CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with Gavin Ventures LLC. (Seller), TO OFFER AT AUCTION, approximately 192 acres of real estate located on County Rd 3338 and 3339 in Brundidge, Pike County, AL.
All property, real and/or personal, is selling “AS IS, WHERE IS” and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental conditions including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products concerning the property are given by the Auctioneer or Seller. Neither the Auction Company nor the Seller makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction, that he/she has inspected the Property and is not relying on any warranty or representation of the Seller, Auctioneer, or any agent thereof.
We require all bidders to register and obtain a bid number in order to participate in the bidding process. All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during, or after the auction.
The Seller has the right, at their sole discretion, to add or withdraw all or any portion of the property before the auction on Saturday, February 1st at 10:00 AM CT this property is Selling Subject to Owner Confirmation and all offers may be held open until Monday, February 3rd at 5:00 PM CT.
CONVEYANCE: All property will be conveyed by Limited Warranty Deed with title insurance available at the Purchaser’s expense.
RESERVATIONS & RESTRICTIONS: The real estate will be sold subject to any and all restrictions (As set forth in a Warranty Deed recorded in Deed Book 2024, Pages 3153-355 in the office of the Probate Judge in Pike County, AL) , public utilities, encroachments, zoning ordinances, easements, Brundidge, Pike County regulations, any existing rights of way (if any), and all other matters now of record or shown on attached plat.
ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 10% of the Contract Price as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. The purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.
TECHNICAL SOFTWARE ISSUES: NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR THE AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Dempsey Auction Company is providing online bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Dempsey Auction Company or anyone else if the internet service fails to work correctly. Dempsey Auction Company will not be responsible for any missed bids from any source.
DEFAULT: In the event, that a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Conditions and the Sales Contract.
PAYMENT: A 10% Buyer’s Premium on Real Estate will be added to the Bid Price on all real estate today to arrive at the final purchase price. The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 10% of the final purchase price immediately following the Auction. This payment may be made with either a personal or company check. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.
SURVEY: There is a new recordable survey performed for this auction by registered surveyors J.R. Butts Surveying and Mapping of Luverne, Alabama which shall be recorded in the Office of the Clerk of Superior Court of Pike County Alabama. There is a survey/staking fee of $450.00 per tract for 6-19, $1000.00 per tract for 1,3,4,5,20, and $1500.00 for tract 2, which will be due and collected today. All front pins are in place and all rear corners shall be in place prior to closing. The accuracy of the survey is the sole liability of the surveyor and the Purchaser, and the Purchaser does hereby release the Seller and Dempsey Auction Co from all liability in all matters concerning the survey. Any additional flagging of the lines would be at the purchaser's expense. Today’s sale plat is for auction purposes only.
CLOSING: Closing shall take place within 30 days of auction, in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney is Mr. Trey Green at Braxton F. Green III, 1030A Brundidge Street. We encourage you to contact Mr. Green’s office at 334-770-1321 as soon as possible to discuss and set up a date and time for the closing.
CLOSING COSTS: The Seller will provide a Limited Warranty Deed, unless otherwise disclosed, at closing. If for some reason the Seller is unable to convey good and marketable title to the property, unless otherwise noted, the Purchaser(s) Earnest money deposit will be returned.
All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.
POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before Monday, March 3, 2025.
TAXES: The Real Estate property taxes will be prorated to the date of closing.
AGENCY: The Auctioneer is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between the seller and the Auctioneer. The Auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the Auctioneer.
BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms or conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced, or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. All announcements made from the auction stand take precedence over all other verbal, printed, announced, and/or distributed information.
METHOD of SALE: DAC reserves the right to offer the property any way we see fit to obtain the seller the most money.
Dempsey Auction Company is the “Agent of the Seller”, and our fiduciary duties of loyalty and faithfulness are owed to the Seller.
NOTE: This auction is being recorded by audio in its entirety for legal purposes.
I have received, read, understand, and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “B”.