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Types of Sales

The Oregon Department of Transportation sells property in two ways:

  • Auction Sales:  Most surplus property is sold through oral or sealed bid auctions.
  • Direct Sales: In certain cases, surplus property may be sold directly to a purchaser without going through an auction. These sales are either required by law, or are held when circumstances indicate a direct sale to be the most reasonable course. Direct sales occur when:
  • It is required by law. Property purchases after 1973 by way of court proceeding called "condemnation" must be used within 10 years of purchase. It not, the property must first be offered to the owner from whom it was purchased. The direct purchase price will be original purchase price plus seven percent simple interest per year of ODOT ownership.
  • Other government agencies have priority acquisition rights. State law grants federal, state, county and city governments priority for sale to the public. ODOT must consider purchase offers from government agencies at fair market prices.
  • No bids were received at an auction. If no bids were received at an auction, the property may be sold direct. The direct sale must occur within one year of the date of the auction.
  • The purchaser is an adjoining land owner. Direct sales may be made to an adjoining land owner if the property has a market value of less than $5,000, only one adjoining land owner can or is willing to purchase the property, and the property cannot be recognized as a viable, legal and independent site.