OIL PRODUCTION INCOME

31.9 Ac with Highway 51 frontage just 7.5 mi west of Sand Springs

Directions:  Exit US 412 onto OK 51 7.5 mi to property on North of Highway

31.9 +/-Ac with Highway 51 Frontage

AUCTION DATE & TIME:
November 15th 3:30PM

AUCTION LOCATION:

OFFSITE: 1603 W Overlook Drive

(1.2 Miles West of Hwy 97 in Sand Springs)

OPEN HOUSE / INSPECTIONS:

View at your convenience during daylight hours

BUYER-BROKER:

3% Buyer Broker Fee

Located just 7.5 miles west of Sand Springs this 31.9+/-ac has Highway 51 frontage and offers rolling terrain with bluffs overlooking Arkansas River.

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

This 31.9+/-ac parcel of land offers opportunity for building site, recreation or investment with highway 51 frontage located in the west portion of Tulsa County 7.5 miles west of Sand Springs.  Property is just a short commute to Downtown Tulsa and Keystone Lake is nearby with all the recreational opportunities it offers.  Land features mostly woods with rolling terrain pond and outstanding views of Arkansas River from bluffs located on the land. Utility lines located on western side of property. Six year average royalty income, $2245/yr.

TAXES: $13.95(Estimated)

SCHOOLS:

  • Sand Springs Public Schools

UTILITIES:

  • Water:     TBD
  • Electric:   TBD
  • Sewer:      TBD
  • Gas:          TBD

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

Property Video

Photos

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).

• All minerals owned by seller will convey

 

Terms & Conditions:

• 3% Buyer’s Premium applies to this sale.  Buyers-premium is an additional fee (3% of high-bid amount) paid by the high-bidder.

• 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
• 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. (Note: If property is selling by the acre then opening bid is multiplied by the total acreage)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Method of Sale: By the Acre