Tract 8-26.268 acres [BIDDING BY THE ACRE]

Saturday, December 9, 2023 at 10:00 am — SELLING ON-SITE

Pelham, Mitchell County, GA

242 ac – Lake – County Water

Selling in Tracts or as a Whole

Same Ownership for over 75 years!!

Property located at the Corner of Harmony Rd and Register Rd, just outside of Pelham.

 

PROPERTY HIGHLIGHTS and UNIQUE FACTORS for CONSIDERATION:

• (2) Large Ponds
• Approximately 125+/- Ac of Row Crop Land
• High-Quality Rich Soil
• Frontage on Harmony Rd and Register Rd
• A portion of the Property is Zoned SFR-2 allowing for Residential Development
• Conservation Easement Potential
• Potential for “Higher and Better Use”
• Aesthetics
• Ecological Features
• Hunting Opportunities & Game Flow

LOCATION, LOCATION, LOCATION!!!! This Highly Productive Farm is situated directly between Albany, Valdosta, Tallahassee, and Dothan, ¼ mile off of The Georgia Florida Parkway (GA 300) and a short distance from Camilla, Thomasville, Moultrie, and Bainbridge. With such a strategic location this parcel has unlimited potential for Residential Development, Agricultural Use, Recreational Use, Investment, and/or Speculation Opportunity.

AUCTIONEERS’ NOTE: This farm has been in the Butler Family for over 75 years, however as generations pass, times and situations will change, and it is time to liquidate this valuable asset. Dempsey Auction has been contracted to sell this property, at auction, to the highest bidder. Come join us for an old-fashioned land auction and purchase this tract of land at the right price—your price!!!!

Expansive Beauty in Pelham, Mitchell County, GA

Welcome to this vast 242-acre property nestled in the heart of Pelham, Mitchell County, GA. Positioned at the intersection of Harmony Rd and Register Rd, just outside of Pelham, this property offers a wealth of opportunities for creating your dream retreat.

Embrace Nature’s Splendor: Enjoy the wide-open spaces and natural beauty that this land provides, inviting you to craft your perfect getaway.

Tranquil Lake Views: Take in the serene ambiance by the lake, offering a peaceful setting for relaxation and potential recreational activities.

Convenient Water Access: Benefit from the practicality of county water access, ensuring a seamless living experience in this charming location.

Discover the endless potential that this expansive property in Pelham, Mitchell County, GA has to offer. Contact us today to embark on your journey of transforming this remarkable land into your ideal escape.

REFERRAL FORM SURVEYS / MAPS

Please Note: For this auction, You are bidding BY THE ACRE!!! for pre-bidding and during the first phase of the live auction.

Buyers will be bidding by “ACRE Amount” for this property. For example, if you bid $5000 for a 10. 457-acre tract, your total bid price is $52,285.00

EXHIBIT “B”
TERMS AND CONDITIONS
Elmer Rhett Butler, Jr
Pelham, Mitchell County, GA
Saturday, December 9th @ 10:00 am

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 Mr. Elmer Rhett Butler, Jr (Seller), TO OFFER AT AUCTION, 225.248 surveyed acres located on Harmony Rd & Register Rd, Mitchell County, GA. 

All property, real and personal, is selling “AS IS, WHERE IS” and being conveyed by Seller as provided for below. It is offered for sale and sold “AS IS and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition; and any repairs, alterations, damage, cleanup, removal of debris, waste, personal property, etc., are the sole responsibility of the buyer. 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 condition including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products (collectively Hazardous Materials), concerning the property are given by the Auctioneer or Seller. Neither the Seller nor the Auction Company 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. Buyer acknowledges and agrees that at closing there may be the existence of equipment, personal property and/or scrap materials located upon or within the property and agrees to accept the same in AS IS condition. 

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’s opening announcement on Saturday, December 9^th @ 10:00 am. This Property is Selling Subject to Owner Confirmation, reserving the right to keep ALL offers open until Monday, December 11 @ 5:00 PM. 

CONVEYANCE: All property will be conveyed by a 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, public utilities, encroachments, zoning ordinances, easements, Mitchell County regulations, protective covenants, any existing rights of way and all other matters now of record or shown on attached plat. The Real Estate Closing MUST occur in 2024.

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 Contract Sales 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. 

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 Sales 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”. 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 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.

SURVEY: We are selling this property according to registered boundary survey performed by Langford & Associates, Scott Langford, GRLS #3172 and the property is selling subject to Mitchell County Planning & Engineering Final Approval. A survey fee of $600/tract for Tracts #1 & 2, $1000/tract for Tracts #3,6,7 & 8 and $1,650/tract for Tracts #4 & 5 will be due and collected today. 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. 

CLOSING: Closing shall take place on or after January 2, 2024, BUT within 30 days from the auction date 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. Justin Adams with Chew & Adams, PC,151 Curry St, Pelham, GA. We encourage you to contact Ms. Linda Cox in Mr. Adam’s office as soon as possible to discuss the closing – 229.294.4460. 

CLOSING COSTS: The Seller will provide a Limited Warranty Deed 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 after Jan 2, 2024 but within 30 days from auction date.

TAXES: The 2023 Real Estate property taxes will be paid by the Seller; the 2024 Real Estate property taxes will be paid by the Purchaser. If any additional taxes are assessed resulting from the change of use by the purchaser, they will be the responsibility of the purchaser. 

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 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. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced and/or distributed information. Dempsey Auction Company is the “Agent of the Seller”, and our fiduciary duties of loyalty and faithfulness are owed to the Seller.

METHOD of SALE: DAC reserves the right to offer the property any way we see fit to obtain the seller the most money. 

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”.

Corner of Harmony Rd and Register Rd
Pelham, Georgia 31779
United States

PROJECT MANAGER: Lou Dempsey – 770.546.2800 – ldempsey@dempseyauction.com

OPEN HOUSE: The Property is OPEN for Inspection. Dempsey Representatives will be on-site Friday, December 8th,  from 1:00-4:00 PM, or by appointment.

BIDDING: The auction will be Simulcast with the opportunity to participate Live, in person, or Online, whichever is most convenient.

SALE SITE: The property will SELL on-site under the Dempsey Tent.

TERMS AND CONDITIONS: 10% Buyers Premium. 10% Down on Sale Day with the Balance Due on or Before 30 Days from Sale Day.

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, surveys or further sales information on this auction, call us by name @ 1.800.DEMPSEY (800.336.7739).