AUCTIONED: Dec' 14th, 2018

Established and operating over the past 5 years, Blue Lake Quarry has tremendous limestone reserves with estimated rock depth of 18 to 40 feet and minimal overburden of 1 to 5 feet. Quarry permit is transferable. Property consists of 153 contiguous acres which features the established quarry, a picturesque clear water lake and native pastures. The lake and pasture offer outstanding wildlife habitat, making this property ideal for a variety of business ventures. Blue Lake quarry is located on the north side of Kaw Lake in Kay county.

Directions:  From Ponca City, 12-miles North on Hwy 77 to NewKirk, turn East on E. River Road, in 8.5-miles turn South on N. 106th Lane for 2-miles, then East 1-mile on Canteen Rd to property.

Auction Overview

AUCTIONED:
 December 14th, 2018 at 12pm

AUCTION LOCATION:

On-Site, 11935 E Canteen Road, Newkirk, OK

OPEN HOUSE / INSPECTIONS:

Nov 30th and Dec 7th from 11am-2pm

BUYER-BROKER:
3% Commission.

LICENSE INFO:  OK RE Lic# 159708 Ronn Cunningham

Cunningham Johnson Auctions LLC

Established and operating over the past 5 years, Blue Lake Quarry has tremendous limestone reserves with estimated rock depth of 18 to 40 feet and minimal overburden of 1 to 5 feet. Property consists of 153 contiguous acres which features the established quarry, a picturesque clear water lake and native pastures. The lake and pasture offer outstanding wildlife habitat, making this property ideal for a variety of business ventures. Blue Lake quarry is located on the north side of Kaw Lake in Kay county.

  • 153 acres with established limestone rock quarry.
  • Native bluestem pastures.
  • 10-acre clear water stocked lake.
  • Scattered trees for livestock cover along with 15-acre woods ideal for wildlife.
  • Abundant wildlife. This area is well known for its trophy sized white tail deer.
  • Approximately 2,300 feet of road frontage.

Rock Quarry Details:

  • An estimated 77 million tons of limestone remaining.
  • Test holes drilled on west end of lake show 40 feet of rock with 4 to 5 feet of overburden.
  • Test holes drilled on east side of lake show 18 to 30 feet of rock with 1 to 5 feet of overburden.
  • Rock Stock piles (all stock piles convey to new owner):
    • 5” and 2” plus crusher run.
    • 1” and 3” clean rock.
    • 12” rip rack rock.
    • 3” to 4” clean rock and screenings.
    • Abundant various size landscaping rock.
  • Full length scales, Scale house with bathroom and Michigan frontloader convey to new owners.
  • Majority of the limestone in the quarry is grey type.

For additional information about the limestone quarry please contact CJ Auction at 918-550-8118.

SCHOOLS:

  • Newkirk Public Schools

UTILITIES:

  • Rural Water:     Osage County Water District #21.Taps available. $1,750/tap.
  • Electric:            Electric service and phone lines in place.

All map & boundary illustrations are approximate – please refer to survey.
Property pictures & video represent identified parcel(s) however, pictures & video may show multiple parcels and/or property not included in the auction.

Photos

All map & boundary illustrations are approximate – please refer to survey.
Property pictures & video represent identified parcel(s) however, pictures & video may show multiple parcels and/or property not included in the auction.

Photos

All map & boundary illustrations are approximate – please refer to survey.
Property pictures & video represent identified parcel(s) however, pictures & video may show multiple parcels and/or property not included in the auction. NOTE: If videos are not displaying properly please try viewing in a different browser.

Video

All map & boundary illustrations are approximate.

DISCLOSURES:

  • All parcels subject to any existing recorded easements.
  • Locations of parcel signs, maps, and picture illustrations are for reference only. Refer to survey for boundaries if available and/or legal descriptions. Fence lines may not follow property boundaries per survey.
  • If property divides, all abstracts covering any individual parcel will be placed on deposit with said title company to be held for the use of any and all future buyers. Buyers are responsible for the cost of supplemental abstract(s).
  • Quarry permit transferable.
  • Oil and gas minerals do not convey.
  • Any personal property left on the property after closing conveys to new owner.
  • No buyers premium.

TERMS & CONDITIONS:

  • All properties are being sold ‘as is, where is’ and are not subject to financing, inspections or any other contingencies.
    CJ Auctions represents the seller only.
  • The high bidder must make a 10% (Min $5,000) non-refundable deposit on sale day (cash, personal or cashier checks)
  • Buyer will receive deed and title insurance.
  • Buyer will pay for (but not limited to) the closing fee & title policy. Taxes will be prorated through date of closing.
  • Balance and closing costs are due 30 days from seller acceptance.
  • Sale is subject to seller confirmation.
  • Contact CJ Auctions for title commitment and copy of easements.
  • All bidders must register with CJ Auctions prior to bidding (registration is held 1-hour prior to auction) and provide a driver’s license or government-issued identification.
  • Absentee bidders must pre-register and qualify through CJ Auctions 48 hours prior to sale day.
  • All persons inspecting the property, attending an open house or auction do so at their own risk and shall not hold CJ Auctions or their agents liable for damages to their person or property.
  • ONLINE BIDDING: Individuals must wire 10% of opening bid amount (minimum $10,000) 48 hours prior to auction to be fully authorized to bid online. Contact CJ Auctions at 918 550 8118 for detailed wiring instructions.

LICENSE INFO: OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

Method of Sale: By the acre.