AIKEN, SC (Nov. 16, 2009) -- Approximately 360 acres of forest land -- including land with frontage on the Edisto River -- will sell at auction Saturday, Dec. 12, with Albert Burney Auction Company managing the sale.

All of the property will sell at absolute auction, with no minimum bid or reserves. "The bidders will set the prices, and that means there's an opportunity for buyers to get some great values. Real estate prices now appear to have bottomed out and have begun to climb upward, so the window of opportunity for getting land of this quality at today's prices may close before long," said Warren Ward, president of the auction company.

The property, known as Edisto River Ranch, was previously owned and professionally managed by International Paper, which planted pines that provide an environment for the white tail deer that are plentiful in the area. The land also has stands of cypress, white oak and other hardwood species.

"This land still enjoys the benefits of years of professional management, and we are selling it in eight parcels, ranging from approximately 15 acres to approximately 86 acres. This enables bidders to purchase combinations of parcels that best suit their needs. For example, someone may combine several parcels for a hunting club. We may also see some bidders interested in using it to board, breed and train horses, especially with other equestrian properties nearby," said Ward.

Individuals interested in additional information about those and other sales may contact Albert Burney Auction Company at 800.434.1654 or visit the company’s web site at www.albertburney.com.