Dempsey Auction reserves the right to offer the property any way we see to obtain the SELLER the most money.
The Real Estate will be offered in individual tracts. The 106± ac located at 2606 Valleydale Dr NW will be offered in 2 Tracts and/or as a Whole. We reserve the right to then offer the property in combinations and/or as a whole.
Bid Increments:
- Riverfront tracts, lots 1 and 2, will be sold by the dollar with the bid increment starting at $2,500.
- Lots 3 and 4, will be sold by the acre (sold by the acre means your bid price multiplied by the acreage amount) with the increment starting at $250/acre
- Lot 5 (which is a combination of lots 3 and 4) will be sold by the dollar with the bid increment starting at $10,000.
Lots 3 and 4 will be sold by the acre, please see example below:
- Buyers will be bidding by “ACRE Amount” for individual tract or multiples of tracts. So, if you bid $5000 and pick a 5-acre tract, your total bid price is $25,000.
DAC reserves the right to modify the bid increment at any time prior to the close of the auction.
This will be an owner-confirmation auction which means the seller has the right to accept or reject the final bid.
This is a 10% Buyers Premium auction sale: If you pay $100,000 for a lot you must add 10% which is $10,000 and your final sales price is $110,000.
At the conclusion of the online auction successful bidders will pay 10% of the sales price down and the closing can be on or before 30 days. We have already had the title run and we find many of our customers want to close on the following week of the sale so that they may take possession of their property, and we can assist you with that.
DAC reserves the right to offer the property any way we see fit to obtain the seller the most money.

