Union Pacific Railroad Company has an ongoing program to sell surplus property. All parties interested in purchasing railroad property must complete a Property Sale Application and deliver it to the appropriate Real Estate Manager (via fax, email or U.S. Mail). The application requires identification of the specific area, the intended use of the site and must include the applicant’s name, address and phone number, as well as a print identifying the property. The application must include an offer price. If you are represented by a real estate agent, your application (or an additional attached sheet, if necessary) should identify that agent's name, address and phone number. The railroad does not typically pay real estate commissions or closing costs and may require a survey to be prepared at the purchaser's expense.
Generally, the railroad’s process to determine if the property is surplus includes a review of your request, obtaining the necessary internal approvals and establishing a purchase price for the property. If the initial review indicates that the property is surplus, a letter of understanding, which details the terms and conditions of the proposed sale, is provided for your review.
This should not be construed as a commitment to sell real property, as all such matters require formal approval by the senior management of Union Pacific Railroad Company.