A 110-acre farm outside Dublin, Ohio, went up for sale on July 17. Successful Farming says the land broker expected strong interest, but it was nothing compared to the results. “I figured the land might go for around $20,000 an acre,” said Brandon Wilson, vice president of the Wilson National Real Estate and Auction Group. The auction far surpassed expectations by selling for an incredible $36,988 per acre average and brought in a total of $4,068,710. “I was shocked," Wilson said, “There was strong bidding throughout the entire auction." The land was divided into three tracts, with tracts one and two combined at 70 acres. The two tracts sold for $41,697 an acre, totaling $2,918,790. The third tract, made up of 40 acres, sold for $28,748 per acre, bringing in $1,419,920. Wilson estimates that about 15 people actively participated in the bidding, an unusually high number for a property split into three parcels.
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