Auction Information
48ac Equine Facility with Half Mile Training Track divided in 6 Parcels
LIVE AUCTION!!! - SATURDAY, OCTOBER 3, 2020 AT 11:00AM
Auction will be held, on-site, at 1559 E. Maple Road in Purcell, Oklahoma
48 ACRES DIVIDED IN 4 TRACTS - BUY ANY TRACT, ANY COMBINATION OF TRACTS OR BUY THE ENTIRE 48 ACRES
REAL PROPERTY: This is a very unique property. It's a Horseman/Trainer's dream, has great home sites for Individuals desiring a ranchette or the Investor for a future development. The 48 acres will be offered For Sale at Auction divided in 4 separate Tracts. The property features a 25 Stall Barn, 6 of those stalls are Stud Stalls with Tack Room, Wash Rack, Breeding Stocks and 20 additional pipe runs under shelter. There's a double wide mobile home, round pen and equipment shed in close proximity to the barn and also a half mile training track. It's in a prime location with a quarter mile of road frontage on SE 12th Avenue and a third or a mile frontage on Hwy 74...
REAL PROPERTY: This is a very unique property. It's a Horseman/Trainer's dream, has great home sites for Individuals desiring a ranchette or the Investor for a future development. The 48 acres will be offered For Sale at Auction divided in 4 separate Tracts. The property features a 25 Stall Barn, 6 of those stalls are Stud Stalls with Tack Room, Wash Rack, Breeding Stocks and 20 additional pipe runs under shelter. There's a double wide mobile home, round pen and equipment shed in close proximity to the barn and also a half mile training track. It's in a prime location with a quarter mile of road frontage on SE 12th Avenue and a third or a mile frontage on Hwy 74 (E. Maple Road). The entire perimeter is fenced and cross-fenced with a stock pond on Tract #2. Ready for your horses, cattle, exotics or development. Enjoy the peace and quiet of living in the country with all the creature comforts just minutes away. Easy access to I-35 and less than 45 minutes to Downtown Oklahoma City, Will Rogers World Airport, Oklahoma State Fair Park and horse racing a Remington Park.
TRACT #1: 11.31 acres with 25 Stall Barn, Mare Motel, Round Pen, Equipment Shed and Double Wide Mobile Home
TRACT #2: 12.77 acres with scattered trees, a small stock pond and 1000' of road frontage on E. Maple Road
TRACT #3: 11.61 acres with 2/3rds of the training track on the corner of E. Maple Road (Hwy 74) and SE 12th Avenue
TRACT #4: 12.31 acres of pasture encompassing the NW portion of the training track with SE 12th Ave. frontage
LIVE AUCTION: The Tracts will be offered for sale in a live, audible Auction, conducted by a licensed Auctioneer on SATURDAY MORNING, OCTOBER 3 at 11:00AM CDT. The auction will be conducted on-site, at 1559 E. Maple Road in Purcell, Oklahoma. On-site registration will begin 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 when the Contract is executed 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, Friday, November 20, 2020 at 5:00pm CDT. Buyer is responsible to attain his or her own financing prior to closing.
ONLINE BIDDING: If you are unable to attend the live auction held at the 1559 E. Maple Road...you can participate in real-time online bidding that will be available through PROXIBID beginning at 10:30am CDT on the day of the auction. 11% Buyer's Premium will apply to online bidding. Pre-registration with 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 BIDS: Tract #1 is $100,000 and Tracts #2, #3 & #4 will be $2500 per acre
REAL ESTATE PREVIEW: This property my be viewed by appointment only. Call to schedule an appointment.
Contact Tony Langdon at 214.876.5950 for additional information
For updated information on Upcoming Auctions you can also follow Tony Langdon on Twitter, Instagram and Linkedin
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Information