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City of Minot·North Carolina

BID NOTICE: STRUCTURE AUCTION

Closes 6/30/2026$200k – $500kInvitation for Bid
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Description

The City of Minot is requesting sealed bids for structures, including homes, garages, sheds, and fences, that were purchased by the City within the footprint of the flood control project. The structures will be sold as-is, with no guarantee or warranty, and the winning bidder will be responsible for removing the structures from City land. The bid must include a 5% bid bond, and a performance bond of $15,000 is required for homes, garages, and commercial structures. The structures must be removed within 90 days, and sheds and fences must be removed within 10 days. • The City of Minot reserves the right to reject any or all bids. • The structures will be open for viewing on June 23rd, 2026, from 10:00 AM to noon. • Bids must be submitted to the City Clerk by June 30th, 2026, at 2:00 PM. • The City of Minot promotes fair housing and makes all programs available regardless of age, race, color, religion, sex, national origin, or handicap.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

(701) 857-4140

Key dates

Opened
6/19/2026
Site visit
6/23/2026Mandatory
Closes
6/30/2026
Duration
90 days for structures, 10 days for sheds and fences

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531110

Budget estimate

$200,000 – $500,000

The budget for this opportunity is difficult to estimate, as it depends on the number and type of structures sold, as well as the bids received. However, based on the minimum bid prices listed, the total budget could range from a few thousand dollars to several hundred thousand dollars. For example, the minimum bid price for the house at 804 1st Ave SW is $27,000, and the minimum bid price for the house at 808 1st Ave SW is $38,850. If all the structures are sold at their minimum bid prices, the total budget could be around $200,000 to $500,000. However, this is just a rough estimate and the actual budget could be higher or lower, depending on the bids received.

AI estimate from the solicitation

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