BLUFFTON — You would have to sell a lot of cookies to raise what a Beaufort County school hopes to raise by auctioning a residential building lot.

The Island Packet of Hilton Head reports (http://bit.ly/udjvLr ) St. Gregory the Great Elementary School in Bluffton is auctioning off a lot in a nearby residential subdivision to raise money for the private Catholic school.

The lot was donated by a couple whose daughter attended St. Gregory before the family moved to Maryland about three years ago. The third-of-an-acre lot is assessed at $120,000 and the opening bid is $10,000.

The school plans for the bidding to continue until Feb. 11.

If there is no bidder, the family who donated the lot will keep it because it wouldn’t be used to benefit the school.