Michael Vick’s former Surry County property that served as the headquarters of his dog fighting operation failed to sell at auction this past weekend.
Real estate developer and current owner of the 15-acre property, Wilbur Ray Todd Jr., rejected a final bid of $747,000. There were only two bidders on the property.
Todd said, “I didn’t see the people in the crowd I thought we needed.” He will now list the property for sale.
He added that it would cost about $1 million to build a similar house on 15 acres.
Todd bought the property for $450,000 and spent an additional $50,000 fixing up the property.
He said that the nearly $250,000 he would have made from the auction would not be enough because of the commission and taxes he would have paid.