AUCTIONED: Nov 15th, 2018

59 acres offered in 4 parcels located along the I-40 growth corridor in Shawnee, Oklahoma.

Parcels range from 2.94 to 25 acres each and zoned either C-3 or A-1. Approximately 1,300 total feet of I-40 frontage.

Shawnee is part of the Oklahoma City MSA serving as a regional hub for the predominately rural areas southeast of Oklahoma City. It is also home to Oklahoma Baptist University, Gordon Cooper Technology Center, and St Anthony’s Medical Center. Learn more at www.shawneeok.org/community

Directions: From I-40 and Kickapoo St, Take Interstate Parkway east approx. ½ mile to property.

Auction Overview

AUCTIONED:
November 15th, 2018 at 11am

AUCTION LOCATION:
Off-site at the Comfort Inn Shawnee
5400 Enterprise Court, Shawnee, OK

OPEN HOUSE / INSPECTIONS:
 During daylight hours

BUYER-BROKER:
3% commission

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

59 acres offered in 4 parcels located along the I-40 growth corridor in Shawnee, Oklahoma.

Parcels range from 2.94 to 25 acres each. Approximately 1,300 total feet of I-40 frontage.

PARCEL 1:  4.92 acres. Corner parcel. Zoned A-1.

PARCEL 2:  2.99 acres. Zoned A-1.

PARCEL 3:  25.16 acres. I-40 frontage. Zoned C-3.

PARCEL 4:  26.65 acres. I-40 frontage. Zoned C-3.

Shawnee is part of the Oklahoma City MSA and serves as a regional hub predominately rural areas southeast of Oklahoma City. It is also home to Oklahoma Baptist University, Gordon Cooper Technology Center, and St Anthony’s Medical Center.

Learn more at www.shawneeok.org/community

PROPERTY TAX:  $2,598 (2017)

UTILITIES:  City of Shawnee

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.

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.

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

Find a wide variety of map resources at www.shawneeok.org/community/maps

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).
  • No minerals 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.
  • 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

BUYERS CHOICE BY THE ACRE

  • 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.