Auction Information
Online Bidding Site12ac Licensed Cannabis Farm with 68 Adjoining Acres
REAL ESTATE AUCTION...CANNABIS FARM - LICENSED BY OMMA
Saturday, March 12 at 11am - 770883 S. 3400 Road in Tryon OK
Tony Langdon Auction Properties 214.876.5950
80 ACRES DIVIDED IN 7 TRACTS - BUY ANY TRACT, ANY COMBINATION OF TRACTS OR BUY IT ALL!!!
REAL PROPERTY: Cannabis Farm on 80 Acres located just Northeast of Oklahoma City. LICENSED by the Oklahoma Medical Marijuana Authority (OMMA). Sells divided in 7 Tracts. The property features 2 Indoor Grow Houses, One Acre Grow Field with 8' Perimeter Fence & Drip Irrigation, Smaller Grow Field, 3 Houses, Workshop with a nice mix of lush pasture, mature trees and a stock pond. A peaceful location offering several prime homesites with the privacy of country living with all the convenience offered by the nearby towns of Chandler, Guthrie and Stillwater with easy access to I-35 and less than one hour to downtown Oklahoma City.
Tract A: 2 Indoo...
Tract A: 2 Indoor Grow Houses,1ac Irrigated Grow Field, 11.4 acres
Tract B: 3 Homes, Large Workshop and Stock Pond on 7.5 acres
Tracts 1-5: Pasture & mature trees, great homesites, 9-16 acres each
LIVE AUCTION: The 7 Tracts will be offered for sale in a live, audible Auction, conducted by a licensed Real Estate Agent/Auctioneer on SATURDAY MORNING, MARCH 12 at 11:00AM Central Time. The Auction will be conducted on site at the property with registration beginning at 9:00am on the day of the Auction. The Tracts will sell "AS IS". It is the sole responsibility of potential Buyers to inspect and research the properties prior to the Auction.
REAL ESTATE TERMS: A 10% Buyer's Premium will be added to the High Bid attained at Auction to constitute the Total Contract Price. The Non-Refundable 10% Buyer's Premium will be paid the day of the Auction by Cash, Cashier's Check or a Personal/Business Check will be accepted if accompanied by a "Bank Letter of Guarantee". The Balance will be due at Closing, on or before, Thursday, April 28, 2022 at 5:00pm Central Time. Buyer is responsible to attain his or her own Financing prior to Closing.
ONLINE BIDDING: If you are unable to attend the Live Auction on-site... you can participate in real-time Online Bidding that will be available through PROXIBID beginning at 10:30am on the day of the Auction. 11% Buyer's Premium will apply if participating in the Auction on PROXIBID. Pre-registration at PROXIBID is required.
AGENT INCENTIVE: Real Estate Agents are eligible to receive a 2% Commission. Bring your Buyer and Co-Register the day of the Auction. The Real Estate Agent of the successful Buyer will receive a 2% Commission of the Auction Strike Price to be paid the day of Closing. Real Estate Agents participating as a Principal to the transaction or are an Immediate Family Member of the Buyer are ineligible for the Agent Incentive.
OPENING BID: Tracts A and B will have Opening Bids of $100,000. Tracts 1 thru 5 will have Opening Bids of $1000/acre on each Tract
REAL ESTATE PREVIEW: This property my be viewed by appointment only. Call to schedule an appointment. Contact Tony Langdon at 214.876.5950
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