AUCTION: June 11th, 2020

280 acres multi-use development land offered in 21 parcels ranging from 5 to 80* acres ideally suited for residential, commercial or upscale homebuilding acreage within the East Broken Arrow expansion area.

Auction Overview

AUCTION DATE & TIME:
 June 11th at 5pm

AUCTION LOCATION:
 LIVE ON-SITE: Stoney Creek Hotel, 200 W Albany St, Broken Arrow
LIVE ONLINE: Registration open soon

INSPECTIONS:
 2-4pm Sundays May 24th, 31st & June 7th

PROPERTY LOCATION:
3600 E Kenosha St, Broken Arrow, OK 74014. 1/4-mile West of the Creek Turnpike on East Kenosha St (S 71st St).

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

*Acreage amount approximate.

Calling developers, brokers, investors and individuals seeking home-building acreage. This is your opportunity to acquire prime land in the growing community of Broken Arrow.

Trustee-ordered auction of 280 total acres offered in 21 land parcels ranging from 5 to 80 acres ideally suited for residential development, commercial development or families seeking upscale homebuilding acreage within the East Broken Arrow expansion area. This premium, undeveloped land is ideally situated adjacent to Timber Ridge elementary school and Walmart Supercenter. The high school, middle school, retail, restaurants, entertainment, professional services, healthcare, Hwy 51 access, Muskogee Turnpike access and Creek turnpike access are all less than a 5-minute drive away.

One of the fastest growing cities in Oklahoma, Broken Arrow is vibrant and commerce friendly, boasting a highly rated school system, affordable housing and a strong local economy.

ZONING: UG – Urban Agricultural

ELECTRIC:   PSO 

GAS: ONG 

WATER: Rural Water District 4

SCHOOLS: Broken Arrow Public Schools 

ABOUT BROKEN ARROW

Broken Arrow is the fourth largest city in Oklahoma with an estimated population of 107,000 and, one of the fastest-growing as Oklahoma’s third-largest manufacturing hub. 

The Tourism & Economic Development team is an integral part of the City of Broken Arrow with two primary focuses within the city: 1) Business Retention and Expansion and 2) Tourism and Marketing. This team works closely with the BA Chamber of Commerce and the Broken Arrow Economic Development Corporation in order to make Broken Arrow an attractive place for business to locate. The Economic Development Corporation focuses on jobs, economic growth in the community and retention of businesses.

Broken Arrow features a great school system, affordable housing and a vibrant community spirit evidenced by seasonal festivals and events each year, including Rooster Days, a local Farmers Market and musical performances. Residents and visitors have many options for shopping, dining and entertainment activities.  

ACREAGE AMOUNTS*

Parcel 1 – 10.9 AC
Parcel 2 – 6.4 AC
Parcel 3 – 5.0 AC
Parcel 4 – 5.0 AC
Parcel 5 – 7.8 AC
Parcel 6 – 5.0 AC
Parcel 7 – 5.0 AC
Parcel 8 – 17.1 AC
Parcel 9 – 80.0 AC
Parcel 10 – 10.0 AC
Parcel 11 – 10.0 AC
Parcel 12 – 10.0 AC
Parcel 13 – 10.0 AC
Parcel 14 – 33.0 AC
Parcel 15 – 7.8 AC
Parcel 16 – 6.9 AC
Parcel 17 – 7.0 AC
Parcel 18 – 5..2 AC
Parcel 19 – 5.4 AC
Parcel 20 – 10.0 AC
Parcel 21 – 10.0 AC

*Acreage amounts approximate.

Map & boundary illustrations are approximate – refer to survey.
Property pictures may show multiple parcels and/or property not included in the auction.

All map & boundary illustrations are approximate – refer to survey.

Click the button below to view the property legal descriptions and legal description exhibit.

Surveys to be completed post-auction and prior to closing. Buyer is responsible for $350 per parcel survey fee.

DISCLOSURES:

  • All parcels subject to any existing recorded easements.
  • Locations of parcel signs, maps, and picture illustrations are for reference only. Refer to legal descriptions. Fence lines may not follow property boundaries.
  • 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).
  • Buyer responsible for $350 per parcel survey fee. Parcels will be surveyed prior to closing.

TERMS & CONDITIONS:

  • Sale is subject to trustee approval.
  • 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.
  • Contact CJ Auctions for title commitment and copy of easements.
  • All bidders must register with CJ Auctions prior to bidding. Registration opens 1-hour prior to auction; must provide a driver’s license or government-issued identification.
  • Online bidders must register and provide deposit through our on-line bidding platform; visit cj-auctions.com for online bidding details.
  • 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 the seller/property owner, CJ Auctions or their agents liable for damages to their person or property.

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

SALE METHOD: Buyers’ Choice by the Acre.

BID ON-SITE OR ONLINE:
LIVE ON-SITE: Stoney Creek Hotel, 200 W Albany St, Broken Arrow
LIVE ONLINE: Registration open soon

How ‘Buyers Choice by the Acre’ works:

  • Buyer’s choice may be offered when more than one property/parcel is being auctioned.
  • Successful high bidder wins the right to choose a property/parcel or properties/parcels from a grouping of similar or like-kind properties.
  • After high bidder selection, the property is deleted from the group and the bidding commences again.
  • Process continues until all properties/parcels are selected.
  • When selling by the acre, high bid is multiplied by the number of acres in the parcel.