SOURCE: Woltz & Associates

Woltz & Associates

March 30, 2010 15:44 ET

Georgia Forest Auction to Cater to Buyers of Small Tracts

ROANOKE, VA--(Marketwire - March 30, 2010) -  For years, neighbors, hunting clubs and individuals have expressed an interest in buying some of the South Georgia woodlands owned Rayonier, the Jacksonville, Fla.-based forest products company. But the answer has generally been no. The land simply wasn't for sale -- at least not in small tracts.

But all that will change April 9-10, when Rayonier sells thousands of acres in South Georgia in tracts as small as 2 acres and up to 143 acres

"This may be the best chance in years for the person who wants 10, 25 or 50 acres of forest land for a personal retreat, campground, hunting property or investment," said Jim Woltz, president of Woltz & Associates, the auction company managing the sale. "We'll be selling well over 3,600 acres in tracts of 75 acres or less. These are the kind of tracts people are always saying small investors can't obtain, and they're in areas known for having excellent populations for deer and other game," said Woltz.

"We're selling nine tracts of 20 acres or less, and 46 tracts of 50 acres or less. More than 80 percent of the land we're selling is in tracts of 75 acres or less," said Woltz. The auction will use a format in which buyers place bids on individual tracts and various combinations to form a property that best meets their needs. It will sell in the combination that brings the highest total price, be it individual tracts or combinations.

The land, which has been owned and managed by Rayonier for decades, will be sold in three sessions Friday, April 9, and Saturday, April 10.

The April 9 auction, to be held beginning at 10 a.m. in Waycross, will include approximately 1,581 acres in Charlton, Ware, Brantley, Pierce, Appling and Wayne counties. "This group includes pines, hardwoods, hunting properties, and land along scenic creeks," said Woltz.

The event on Saturday will be held in Dublin and will include two sessions. At 10 a.m., bidders will compete for approximately 1,464 acres. It will include land in Laurens, Emanuel, Tattnall, Jenkins and Burke counties. That land includes a large amount of loblolly pine and hardwood. The second Saturday session will include the largest amount of land -- 3,119 acres selling in 50 tracts in Telfair, Laurens, Coffee, Irwin, Dodge, Pulaski and Wilcox counties.

"All 106 tracts have excellent access with road frontage. Many are close to cities and towns, adding development potential to the mix," said Woltz.

Individuals seeking additional auction information may contact Woltz at 800-551-3588 or visit www.galandauction.com.

Contact Information

  • For more information:
    Carl Carter, 205 823-3273
    Lindsay Fernandes, 205 909-3705