Auction Information
793.52 Acres in Leesburg, AL
793± Acres at Rock City located on Lookout Mountain Leesburg, AL Auction
HUGE ALABAMA LAND AUCTION
793.52± acres at Rock City located on Lookout Mountain
Leesburg, Cherokee County, AL
Bidding Begins on Wednesday, March 19th
Bidding Ends on Wednesday, April 2nd
All Properties will be SOLD ONLINE through our MarkNet Platform
PROPERTY 101 and 102 ARE SELLING SUBJECT TO CONSERVATION EASEMENTS IN FAVOR OF NORTH AMERICAN LAND TRUST. PLEASE CONTACT OUR OFFICE FOR PRECISE DETAILS.
Property #101: Ridgeline North, LLC – 386.92± acres in Cherokee County, AL. (PIN #’s 46564, 26469, and 506926)
Property #102: Ridgeline West, LLC – 358.6± acres in Cherokee County, AL (PIN #’s 46940, 506930, and 506931)
Property #103: Ridgeline West, LLC – 18± acres in Cherokee County, AL (PIN #46586) This property is NOT governed by a Conservation Easement
Property #104: Ridgeline West, LLC – 30± acres in Cherokee County, AL (PIN #506958) – This property is NOT governed by a Conservation Easement
R...
RIDGELINE WEST, LLC (406± acres) TO BE SOLD AT ABSOLUTE AUCTON, REGARDLESS OF PRICE TO THE HIGHEST BIDDER.
CONSERVATION EASEMENT: Ridgeline North, LLC and 358 Acres of Ridgeline West, LLC are under a Conservation easement in favor of North American Land Trust as recorded in the office of the Judge of Probate, Cherokee County, AL instrument #0186158 and #182229 respectively and are selling subject to such easements. There will be a 1% Transfer Payment due to North American Land Trust at closing per said Easement.
OPEN HOUSE: These Properties are OPEN for Inspection.
BIDDING: The bidding will be ONLINE ONLY.
TERMS AND CONDITIONS: 10% Buyers Premium. 10% Down on Sale Day with the Balance Due on or Before 30 Days from Sale Day.
CLOSING: All closings to be on or before 30 days from sale date. All closings will be handled by Mr. Shane Givens, 1615 W. Main St, Suite A, Centre, AL, 256.927.7490.
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 our office.
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About Lou Dempsey
Lou Dempsey - Partner Lou is the Company's third generation auctioneer. Born in 1969, he began attending auctions at an early age selling cokes that were to be given away free. At that time his grandfather, Sproull Dempsey, said he was definitely going to be an auctioneer. Lou was educated at Darlington School graduating in 1987 and graduated from Auburn University in 1992 with a Bachelor of Science in Business Administration Majoring in Marketing. While at Auburn he was a member of the Pi Kappa alpha Fraternity and the Auburn Marketing Association. He Joined Dempsey Auction Co. Full time in 1992, Graduated from the Nashville Auction School in 1993, and has been an active auctioneer ever since. He is a member of the National Auctioneers Association and the Georgia Auctioneers Association where he currently serves as Secretary/Treasurer.He is a Principal in the Company serving as Secretary/Treasurer and strongly believes in his Grandfather's motto "nothing succeeds like success". Lou and his daughter, Georgeanna Ray, Reside in Rome.
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