Absolute Estate Auction April 27, 2019 at 10 a.m.

The estate of Bob A. Davis, selling for division among heirs


341.5 acres selling in tracts or as a whole

located at 1073 Davis Road in Cave Spring

The Davis homeplace, a stately three-bedroom frame home, is situated on a beautiful four-acre tract with massive oaks, milking barn, two old chicken houses/hay barns and egg parlor. This is a working cattle farm with approximately 131 acres of fenced and cross-fenced, terraced pasture.

  • 341.5 acres to be offered in 16 tracts, combinations of tracts or as a whole

  • 16 tracts ranging from 4 to 60 acres with all tracts fronting on Davis Road

  • County water and natural gas are available

  • Property is zoned A/R (Agricultural/Residential)

  • Over 1600 feet of frontage on world-famous Big Cedar Creek

  • Approximately 211 acres of planted, merchantable pine timber and natural hardwood stands. (Contact our office for a recent and detailed timber inventory)

This farm has been in the Davis family for more than 85 years. However, as times, situations and conditions change, it is time to liquidate this valuable asset. Dempsey Auction has been contracted to sell this property, at absolute auction, to the highest bidder — regardless of price. Come join us for an old-fashioned land auction and purchase this tract of land at the right price: your price!

Property to be sold on site

This property sells at absolute auction, to the last bidder/bidders, regardless of price!

TIMBER INVENTORY: We are currently having the planted and natural stands inventoried. Please call our office for detailed reports.

OPEN HOUSE: Friday, April 26, noon to 4 p.m. or by appointment. Please contact our office for your personal tour.

SALE SITE: Property to be SOLD on site under the Dempsey tent.

CLOSING: Closing to be handled by Wright Smith of Brinson, Askew and Berry law firm, 706-291-8853. All sales to close on or before 30 days from sale date, no exceptions.

TERMS AND CONDITIONS: 10% Buyer’s Premium. 10% down sale day with balance due upon closing on or before 30 days from sale day