BIRMINGHAM, Alabama – Pearce & Associates is offering for sale in an online auction 18 properties owned by Alabama Power. Most of the properties are in Jefferson County. One is located on U.S. 280 in Shelby County.
Several the properties are in the City of Birmingham, including a parcel adjacent to
George Ward Park on Birmingham’s Southside.
The auction includes various types of properties in Jefferson and Shelby counties that have
never been offered to the public. Bidding starts at $1 on each parcel, said Chip Pearce,
president of Pearce & Associates. Most parcels are selling with no reserve. All substation facilities, transformers and other utility equipment have been removed from the properties.
This is the first auction by Pearce & Associates to sell parcels of land for Alabama Power. Additional auctions may follow. “Our marketing program will bring the properties to the attention of prospective buyers and provide bidders with the information they need to make purchase decisions,” Pearce said.
The initial auction will end July 5 at BidAPC.com or AuctionbyPearce.com. The digital auction site has zoning information, maps, photos and other information. Those seeking additional details may call Pearce & Associates at 205-664-4300.
Pearce & Associates, based in Alabaster, Alabama, conducts regular auctions for U.S. bankruptcy courts, cities, Alagasco, KBR International Construction, estate executors, and others.