Auction Information
AUCTION
40 ACRES UNDEVELOPED LAND
COMMERCIAL OR RESIDENTIAL POTENTIAL
Offered in 3 tracts (10, 20 & 40 acre tracts)
MONDAY, SEPTEMBER 30th AT 10 AM
AUCTION LOCATION: off- site 1020 N.E. 42nd St., Oklahoma City, Ok (Greater Mount Olive Baptist Church) across from property.
PROPERTY LOCATION: Corner of N. Kelley Ave & N.E. 42nd St in Oklahoma City, OK 73111
This property is in a prime location for development for commercial use or a residential addition. It is approximately 1 mile from the state capitol and other state offices. Several commercial properties are close by with residential to the North and West. It is a great investment opportunity. There is a water line that runs along the North and East sides of the property. A sanitary sewer main line runs through the property also. The NW corner of the property is at the intersection of N.E. 39th and Phillips Ave. T...
This property is in a prime location for development for commercial use or a residential addition. It is approximately 1 mile from the state capitol and other state offices. Several commercial properties are close by with residential to the North and West. It is a great investment opportunity. There is a water line that runs along the North and East sides of the property. A sanitary sewer main line runs through the property also. The NW corner of the property is at the intersection of N.E. 39th and Phillips Ave. The NE corner is at the intersection of N.E. 42nd St. and Kelley and the SE corner is approximately 1320' South on Kelley.
TRACT 1: 10 acres in NE/Corner of the N/2 E/2 SE/4 15-12N-3W
TRACT 2: 10 acres in SE/Corner of the N/2 E/2 SE/4 15-12N-3W
TRACT 3: 20 acres in W/2 of N/2 E/2 SE/4 15-12N-3W
TRACT 4: 40 Combination of Tracts 1-3 N/2 E/2 SE/4 15-12N-3W
ZONED: R-1
LEGAL: N/2 E/2 SE/4 of Section 15T12N-R3,W.I.M. Oklahoma County, Oklahoma.
SURVEY: if sold in separate tracts, seller will provide a boundary survey only. If sold as one tract, seller will not provide a survey.
TAXES: 2012 taxes were $27.34. 2013 taxes will be prorated to the day of closing.
MINERALS: Surface rights only.
POSSESSION: Will be given at closing.
INTERNET BIDDING: Will be available by logging into the Lippard Auctions website. Neither the auction company nor seller is responsible in the event of loss of signal.
TERMS/CONDITIONS: There will be a 10% buyer's premium added to the highest bid price to establish the total contract price. 10% of the total contract price is to be placed in escrow the day of the auction with the balance due upon the delivery of marketable title. All information is taken from sources believed to be reliable. However, no guarantee is made by the auction company nor their employer. Buyer should satisfy themselves as to any inspections prior to bidding. Any announcements made the day of auction supersede all advertising.
If you have any questions, please call the auction company at 580-237-7174 or Jerry Whitney at 580-747-6705.
SELLER: Archibald C. Edwards Trust, Trust Company of Oklahoma
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AUCTION LOCATION: off- site 1020 N.E. 42nd St., Oklahoma City, Ok (Greater Mount Olive Baptist Church) across from property.
PROPERTY LOCATION: Corner of N. Kelley Ave & N.E. 42nd St in Oklahoma City, OK 73111