Thursday, May 29, 2025 at 2:00 pm — SELLING ON-SITE: Shattuck Industrial Blvd
LIVE ON-SITE ABSOLUTE AUCTION
LaFAYETTE, WALKER COUNTY, GA
26+ acres on Fosters Mill Rd – (2) Industrial Tracts on Shattuck Industrial Blvd – (3) Residential Building Lots on/off Dogwood Circle
All Properties to be SOLD from Shattuck Industrial Blvd
Diverse Land Offering in LaFayette, Walker County, GA – Residential & Industrial Tracts
An exceptional opportunity awaits in LaFayette, GA with a collection of prime properties totaling over 40 acres, offering a blend of residential and industrial development potential. Whether you’re a builder, investor, or looking for the perfect homesite or business location, this portfolio provides flexibility, utility access, and excellent locations throughout Walker County.
Residential Tracts on Fosters Mill Road – 26+ Acres (Parcel #0481 066, 0481 060, and 0481 059)
- Total Acreage: 26.85± acres, offered in three tracts:
- 8.87 acres
- 8.2 acres
- 9.78 acres
Zoning: R2 Residential
Utilities: County water and natural gas available
Highlights: These large, wooded parcels feature excellent building sites with ample space for privacy, mini-farms, or family compounds. Ideal for custom homes or small residential development.
All Parcels will be offered in Tracts, Combinations of Tracts, or as a Whole.
Industrial Tracts on Shattuck Industrial Blvd – 11± Acres (Parcel #0481 072 and 0481 073)
- Total Acreage: 11.36± acres, offered in two tracts:
- 6.02 acres
- 5.34 acres
Zoning: I (Industrial)
Utilities: County water and natural gas available
Highlights: Located in an established industrial corridor, these shovel-ready parcels are perfectly suited for warehousing, manufacturing, logistics, or service-related businesses.
Parcels will be offered individually and as a Whole.
Residential Building Lots on/off Dogwood Circle – (3) Lots (Parcel #1017 029, 1017 033, and 1010 064)
Utilities: Water, sewer, and natural gas available
Zoning: R1 Residential
Highlights: Conveniently located in a residential area with access to public utilities, these lots are ideal for immediate residential development or future investment.
All Parcels will be offered in Tracts, Combinations of Tracts, or as a Whole.
Why This Portfolio Stands Out:
Flexible Development Opportunities: A mix of zoning for residential and industrial use accommodates diverse development goals.
Utility Ready: All parcels have access to essential services, significantly reducing prep time and costs.
Strategic Locations: Parcels are located in desirable areas of LaFayette with proximity to major roads and community infrastructure.
Whether you’re looking to build homes, establish a business, or hold for long-term investment, this collection of tracts offers the versatility and readiness that smart buyers are looking for. Don’t miss this chance to secure valuable property in growing Walker County, GA.
All Property to be SOLD at ABSOLUTE AUCTION to the Highest Bidder, Regardless of Price!!
PROJECT MANAGER: Lou Dempsey – 770.546.2800 – [email protected]
OPEN HOUSE: The Properties are open for Inspection.
BIDDING: The auction will be Simulcast with the opportunity to participate live and in person, or online, whichever is most convenient.
SALE SITE: On-site at Shattuck Industrial Blvd 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.
CLOSING: Closing to be handled by Battlefield Title Company – 706.861.2075. ALL SALES TO CLOSE ON OR BEFORE 30 DAYS FROM SALE DATE—NO EXCEPTIONS.
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 Video Tours, Plats, Brochures, or further sales information on this auction, call us by name at 800.DEMPSEY (800.336.7739).
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 “A”, 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 (Seller), TO OFFER AT AUCTION, real estate.
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. This property is selling Subject to Owner Confirmation, and we reserve the right to hold ALL offers open until the following Monday. This Property is currently owned by an LLC and if any members are bidding, they are bidding for themselves individually and will close under the same terms and conditions as any other participant.
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, Property’s respective County regulations, protective covenants, any existing rights of way, and all other matters now of record or shown on the 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 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.
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.
SURVEY: To be updated…
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 firm will be (To be updated…)
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 before 30 days from acceptance.
TAXES: The 2025 Real Estate property taxes will be prorated to the date of closing. 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 “A”.