The perfect auction for real estate investors

Jason Wade

Longtime business leader A.B. Rose to sell properties at auction

ROCKY MOUNT, North Carolina (Jan. 27, 2016) — After a lifetime of living and doing business in North Carolina, A.B. Rose and wife Carol are planning to move to Arizona. And that means his lakeside home, an office building, commercial land and other Nash County properties need to be sold.

So Rose has retained John Dixon & Associates to market 18 of his properties in a live auction set for 11 a.m. Saturday, Feb. 20, at the DoubleTree by Hilton in Rocky Mount. “I used an auction to sell business assets, so I was familiar with the process. This will clear the way to move to where we can downsize and be closer to family,” said Rose, whose A.B. Rose Construction Company closed in 2009. 

The five-bedroom home at 905 Old Mill Road sits on almost eight acres overlooking a 10-acre city-owned lake for which the owner of the home will have exclusive use. “The lake was a rock quarry to which we retained the exclusive rights, which will pass on to the buyer. It’s maintained by the City of Rocky Mount,” said Rose.

Another highlight in the auction will include the two-story office building at 430 S Wesleyan Boulevard in Rocky Mount. “This building has room for 10 offices, as well as a reception area, work room, file room, three restrooms and a full bath. It would be a great location for an insurance agency or almost any type of professional office,” said John Dixon, president of the auction company.

Also selling will be a 114-acre farm with a home for rental income, and a commercial property with an equipment shed, shop and shelter buildings. Other properties include several commercial land tracts, five of which are along S Wesleyan Boulevard.

Bidders will also be able to participate online while viewing a live simulcast.

Individuals seeking additional information may visit or call 404-625-6410.

John Dixon & Associates, based in Atlanta with offices in Tennessee, Florida and North Carolina, is one of the nation’s largest auctioneers of real estate properties, including land, homes, developments, condominiums, farms and other properties owned by individuals, investors, banks and other institutions.