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Online Auction - 10,000 SF Office Building Auction
Description:

Online Auction - 10,000 SF Office Building

Property Address: 5225 Emmett F Lowry Expressway, Texas City, Texas 77591

Online bidding ends April 29th at 3:00 PM ET
Inspection: April 22nd at 12:00 PM CT


Seller is Motivated to Sell. $685,000 Reserve. 10,000 SF Office Building with multiple uses including professional business office, training facility, medical office, rehab center and more. DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

10,000 SF Single Story Office Building Built in 1991
43,560 SF or 1 AC of Land
Large Reception Area
Conference Room
Approx. 28 Individual Offices on Perimeter w/ Windows
2 Break/Collaboration Areas and Large Storage Room
Carpet, Tile and Clean Finishes
New HVAC in 2018
5.5/10,000 SF Parking Ratio
Lighted Pylon Sign & Flag Pole
Quick Access to Emmett Expy
4.4 Miles to I-45
Property is Located 1/4 Mile from FM 146 w/ Close Proximity to the Proposed Gulf Coast Ammonia Plant
Close to Mainland Hospital, College of the Mainland and Mall of the Mainland
Zoning: District E, General Business
Topography: Grade level
Water/Sewer: City Water/Sewer
Flood Hazard: X500 or B Zone
Market Area: Property is located in Texas City which is located on the southwest shoreline of Galveston Bay. Texas City is a busy deepwater port as well as a petroleum-refining and petrochemical-manufacturing center.

Incooperation with The J. Beard Real Estate Company
Tranzon Asset Advisors of Texas, LLC #9008058, Kelly D. Toney, TX Auctioneer #11818, 10% Buyers Premium and other terms apply.
Please contact Kelly Toney at ktoney@tranzon.com or 713-816-1123.

City:
Texas City
State:
Texas
Country:
United States
Phone:
713-816-1123
Photos:
Texas County, Goodwell, Oklahoma * 879 +/- Irrigated Acres * Auction
Description:

ONLINE ONLY AUCTION
879 +/- ACRES IRRIGATED CROPLAND
GOODWELL, TEXAS COUNTY, OKLAHOMA

AUCTION DATES: Bidding closes September 22, 2020 at 6:00pm CST

DIRECTIONS TO PROPERTY:
From Goodwell, Oklahoma, go ½ mile north to Rd. Bb. Take Bb west 3 miles to Rd 19, then 1 mile north to the southeast corner of Tract 2. Continue North on 19 Road for 1 mile to the southwest corner of Tract 1. (watch for signs)

LEGAL DESCRIPTION:
See Property Information Packet for complete legal descriptions.

Tract #1:
583+/- acres in the W/2 S17 T2N R13E and E/2 S17 T2N R13E less and except a (40 +/- acre tract in the NE/4) and a (10 +/- acre tract in the S/2)

Tract #2:
296+/- acres in the E/2 S19 T2N R13E less and except a (11.5 acre tract in the SE corner) and a (12.13 acre tract in the SW corner)

AUCTIONEERS NOTE:
This is an excellent opportunity to own irrigated cropland in Texas County, Oklahoma. Located just 2.5 miles Northwest of Goodwell, these farms have well maintained irrigation equipment and offer good quality cropland.

FSA INFORMATION: According to the Texas County Farm Service Agency

Tract #1 (Farm #7690) consists of 526.80 farmland acres.
BASE ACREAGE PLC YIELD
Wheat 360.90 41
Corn 158.50 154
Sorghum 7.40 96

Tract #2 (Farm #7415) consists of 281.10 farmland acres.
BASE ACREAGE PLC YIELD
Wheat 235.80 39
Corn 34.30 98
Sorghum 0.70 37
Barley 10.30 28




TRACT #1
There are (4) farms which total 583 +/- acres according to Texas County OK tax records. According to the Seller, there are (2) water wells along the west side of the Section currently in use on Tract 1, with all of the pivots and water wells tied together with a series of 8” pipelines and valves. Review the current water permits for additional information and permit status (see attachments on website).

Northwest Quarter (NW/4) Section 17 Township 2N Range 13E
• Cropland Acres - 178.8 +/- Acres
• 7 tower Valley 6000, 60” nozzle spacing w/ Senninger LDN
• Center pivot nozzle set at 600 GPM
• Well Permit #1964-179 and #2001-543 (See Attachments)
• 454 IRRIGATION MOTOR (OWNED BY TENANT)
• Natural gas to run pivot motor
• Currently in Milo crop
• 2019 Taxes $353.00

Southwest Quarter (SW/4) of Section 17-02N-13E
• Cropland Acres - 138.7 +/- Acres
• 7 Tower Zimmatic, 5’ nozzle spacing w/ Senninger LDN
• Centerpivot nozzle set at 600 GPM
• Well Permit #1964-179 and #2001-543 (See Attachments)
• 454 IRRIGATION MOTOR (OWNED BY TENANT)
• Natural gas to run pivot motor
• Currently in Corn Crop
• 2019 Taxes $271.00

Northeast Quarter (NE/4) of Section 17-02N-13E
• Cropland Acres for NE/4 and SE/4 (combined) 259.6 +/- Acres
• 8 tower Zimmatic, 60” nozzle spacing w/ Senninger LDN
• Well Permit #1993-617B (See Attachments)
• Centerpivot nozzle set at 300 GPM
• Planting Wheat (fall 2020)

Southeast Quarter (SE/4) of Section 17-02N-13E
• 6 tower Valley 6000, 60” nozzle spacing w/ Senninger LDN
• Centerpivot nozzle set at 300 gpm
• Well Permit #1993-617B (See Attachments)
• Planting wheat (fall 2020)
• 2019 Taxes $545.00



TRACT #2
There are 2 farms which total 296 +/- acres according to Texas County Oklahoma tax records
East Half of Section 19 Township 02 N Range 13 E
3 wells with 8” pipeline connecting wells and center pivots together

Northeast Quarter (NE/4) of Section 19-02N-13E
• Cropland Acres - 160 +/- Acres
• 7 Tower Zimmatic, 5’ nozzle spacing w/ Senninger LDN
• Centerpivot nozzle set at 350 GPM
• 1 well (permit #1998-512) 1120 acre feet per calendar year (shared permit, with 3 total wells) (See Attachments)
• 454 IRRIGATION MOTOR (OWNED BY TENANT)
• Natural gas to run pivot motor
• Currently in Milo crop
• 2019 Taxes $295.00

Southeast Quarter (SE/4) of Section 19-02N-13E
• Cropland Acres - 136.46+/- Acres
• 7 Tower Zimmatic, 5’ nozzle spacing w/ Senninger LDN
• Centerpivot nozzle set at 350 GPM
• 1 well (permit #1998-512) 1120 acre feet per calendar year (shared permit) (See Attachments)
• 454 IRRIGATION MOTOR (OWNED BY TENANT)
• Natural gas to run pivot motor
• Currently fallow, will plant wheat (fall 2020)
• 2019 Taxes $244.00

Additional Water Rights and Water Well Only (No Land Selling)

Southwest Quarter (SW/4) of Section 19-02N-13E
• 1 well (permit #1998-512) 1120 acre feet per calendar year (shared permit) (See Attachments)
• 150 HP Gearhead (only)

Soil Types:
• Gruver clay loam
• Ulysses clay loam
• Veal- Potter
• Coalen loam

LEASE INFORMATION:
Tract 1: Lease agreement with 50/50 crop share - Tenant planning to plant wheat on the Northeast and the Southeast Quarters this fall 2020. Tenant will also be planting wheat on all the corners. Landlord (Buyer) to pay for 50% of the prod

City:
Goodwell
State:
Oklahoma
Country:
United States
Phone:
877-318-0438
Photos:
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