Industrial Stand-Alone Pallet Rack
Lot #4
Item: 7cb1-2454262

Bloomington, MN

This Lot is:


Mon, Feb 17, 2020 8:42pm CST

High Bidder: #6181

Current Bid:


Next Required Bid: $73.00

Shipping: No
Online Payment: Yes
Location / Contact:
6301 West Old Shakopee Road, Bloomington, MN 55438
Phone: 763-742-8768

Lot Description:

Industrial Pallet Rack, Includes: 

    (2) 3" x 44" x 7ft Tear-Drop Uprights     

    (3) 2.5" x 4.5" x 96" Tear-Drop Load Beams 

    (2) 44" x 46" Steel Shelf Grates 

    Makes (1) Stand-Alone 44" x 96" x 7ft (Tall) Pallet Rack 

    The Wooden Tool Rack On The End Of The Rack Is Not Included -- Will Be Removed 

In Good & Solid Condition 

Important Notes

    The Buyer Is Responsible For Safely Disassembling The Racking On The Scheduled Removal Date

     Loretto Equipment Staff May Be Able To Assist But Don't Count On It 

     We Will Have A Forklift On-Site During The Scheduled Removal To Assist When Or If Necessary. 

  1. This auction has a ONE-DAY scheduled removal ONLY -- NO Exceptions 

  2. We will have a forklift on-site during the scheduled removal to assist with loading if necessary. 


By Appointment Only

Auction Closing:

Mon, Feb 17, 2020
08:40 pm


Wed, Feb 19, 2020
10:00 am - 05:00 pm

Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00$1.00
$75.01 - $150.00$5.00
$150.01 - $250.00$10.00
$250.01 - $500.00$25.00
$500.01 - $1,000.00$50.00
$1,000.01 - $5,000.00$75.00
$5,000.01 - $50,000.00$100.00
$50,000.01 - $75,000.00$250.00
$75,000.01 - $100,000.00$500.00
$100,000.01 - $2,500,000.00$1,000.00

Hammer Price TierBuyer's PremiumCap
$0.00 - $4,999.99 13.00%
$5,000.00 - infinity 10.00%$1,000.00

This auction is contracted and managed by: Loretto Equipment

Manager: Casey (P.O. BOX 24)

      1. ACCEPTED PAYMENTS Cash, Good Checks, Cashier’s Checks, Wire Transfers, Credit Cards.

      2.         IMPORTANT NOTE: No Credit Cards Are Accepted Over $5,000 OR For Titled / Registered Items. 

    1.                            NOTEA $20 Charge Will Be Added To ALL Wire Transfer Payments


  1. This auction is contracted and managed by Loretto Equipment.

    Important Note:

    Items are to be paid for & picked-up on the scheduled removal date. 

  2. This auction has a ONE-DAY scheduled removal ONLY -- NO Exceptions 

This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.  

K-BID Online, Inc. (K-BID) is responsible for maintaining the website. serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.  

K-BID’s role in the auctions listed on is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.

By placing a bid on, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.

Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).

Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled.  Once a bid is placed it cannot be retracted.

Sellers and their agents are prohibited from bidding on their own assets.

Items with a reserve will not be sold unless the reserve price has been met.

At the close of the auction, active items will remain open until no bids have been received for three minutes.

Applicable sales tax will be collected by the affiliate managing the auction.  

In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until the user is verified. K-BID Online, Inc reserves the right to disallow anybody from bidding on its website. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.

Affiliates may lower a lot reserve at any time before or after an auction closes.  If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice. 

Once an auction begins its closing process, outbid notifications will not be sent.

Once a bid is placed it cannot be retracted.


6301 West Old Shakopee Road
MN, 55438

Phone: 763-742-8768

No Shipping Is Available For This Auction. 

Bid History

22 Bid(s)
Bidder Placed High Bid
6181 ^
Feb 17 08:45pm
Feb 17 08:45pm
Feb 17 08:44pm
Feb 17 08:44pm
Feb 17 08:43pm
6181 ^
Feb 17 08:43pm
Feb 17 08:43pm
6181 ^
Feb 17 08:42pm
Feb 17 08:42pm
Feb 17 08:41pm
299903 ^
Feb 17 08:40pm
Feb 17 08:40pm
Feb 17 08:38pm
192047 ^
Feb 17 08:38pm
Feb 17 08:38pm
Feb 17 08:36pm
Feb 17 08:36pm
274259 ^
Feb 17 08:30pm
Feb 17 08:30pm
Feb 17 07:04pm
Feb 08 03:46pm
Feb 06 10:32pm