This Landmark Stillwater, OK 160 Acres is the largest privately owned Land Tract adjacent to Stillwater OK-“The Friendliest College Town in America” - This land is poised for the expansion and development of Stillwater and a prime strategic location with unlimited future potential and growth. This land is only minutes from Oklahoma State University campus and Stillwater Regional Airport and the Heart of Stillwater. It offers 1 mile of hard surface road frontage with easy access to HWY 51 and HWY 177 and the Cimarron Turnpike. The Oklahoma City and Tulsa Metro are a short 1 hour drive or less and both have International Airports and all that a major Metropolitan can offer.
Inspection opportunities- Please drive by at your convenience anytime and for a private property tour please call Pickens Auctions @ 405-533-2600
PLEASE JOIN US FOR AN AUCTION INFORMATION MEETING Wednesday , November 29th from 4-6 pm at Holiday Inn at Country Club RD
OFFERED IN 16 TRACTS RANGING FROM 9 TO 13 ACRES-SEE TRACT MAP
TRACTS # 1 – (9 acres m/l) and Tracts 2 and 3 (both 10 acres m/l)- These 3 Tracts have Country Club RD frontage and good visibility and access and offer boundless opportunities
TRACT # 4- A 10 acre Tract m/l- The corner of Country Club RD and Lakeview-This Tract lends itself to multiple possibilities and is one the most desirable Corner Parcels in the Region-PLUS a water tap is in place and will transfer with Tract 4
TRACTS # 5, 6 and 7 are all 10 acres m/l- These 3 Tracts all have Lakeview RD frontage and great access as well and are also poised for a variety of uses
TRACTS 8, 9, 10, 11, 12, 13,14, and 15 are SWING TRACTS-These 8 Tracts make excellent additions to their adjoining Tracts or adjoining Land Owners-PLEASE NOTE- THESE TRACTS HAVE NO ROAD ACCESS-THESE TRACTS MUST BE PURCHASED WITH AN ADJOINING TRACT BEING OFFERED OR AN ADJACENT LAND OWNER WITH ACCESS TO A PUBLIC ROAD –
TRACT 16- Is a 13 Acre Tract and will have a 60’ OWNED ACCESS to Country Club RD-This is a nice tract with a small grove of trees and gently rolling terrain.
NOTE-Live Auction will be held OFF SITE at the Cottonwood Community Center 2303 N Cottonwood and ON LINE Bidding available @ westcentralauctionco.com or picklandauction.com
LEGAL DESCRIPTION- The SW4 of Section 5-T19N-R2E of the IM-Payne County, OK surface rights only
AUCTION DAY TERMS- $25,000 down per Tract, $50,000 down for Combinations or $100,000 down for the Entirety the Day of the Auction-Balance due at Closing-Closing 60 days after the Auction-Please note if a purchaser would like to close before the end of 2023 please let us know and we will do our best to accommodate you. Possession at closing
Seller- E. Gregg Pickens Family Trust- NOTE- Gregg Pickens and Rachel Pickens are Licensed Oklahoma Real Estate Brokers
NOTE FROM THE PICKENS FAMILY- After much consideration we have decided to sell at Public Auction what my family has affectionately called the “Quarter” and growing up we referred to it as the Efaw Place- It is a great farm and as much as we love farming it, other opportunities have presented themselves since my Parents’ passing in 2021 that Rachel, Jaxon, Riva and I feel now is the time to pursue those opportunities and sell this great piece of land- Rachel and I are Both Oklahoma Real Estate Brokers and are proud to be working with Mr. Jason Winter of West Central Auctions in bringing this Landmark Property to Public Auction and to our knowledge it will be the only time since before Statehood it has been offered to the public-We trust the new owners or multiple owners will enjoy it as we have all these years and we look forward to seeing all of you on Thursday, November 30th in Stillwater
PROPERTY IS OFFERED UNDER THE SPECIFIC TERMS PROVIDED. PLEASE READ AND REVIEW THE TERMS THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND REVIEWED THE TERMS FOR SALE OF REAL ESTATE, DO NOT BID.
ORDER OF SALE: Offering - The real estate will be offered in one tract, as a whole by the dollar.
RESTRICTIONS: Subject only to all Payne County and State of Oklahoma laws, ordinances and regulations. Also selling to all easements of record. Seller is placing no restrictions on the property. The owner does warrant that they have good merchantable title to the real estate and that they will convey the same with a warranty deed, free from all encumbrances, liens or judgments at the time of closing.
AUCTION CONTRACT: Please note that the Auction Contract you will execute at the conclusion of the close of the auction will be drawn up based on the manner in which you bid. You will be closing on property on which you are the successful bidder in the final manner in which you bid at the auction.
WEST CENTRAL AUCTION CO. INVOLVEMENT IN THIS CONTRACT: The seller and buyer hereby agree that West Central Auction Co. is a part of this contract and shall receive compensation as stated in agreement hereto or as stated in listing agreement hereby made a part of.
SPECIAL NOTES: All property is being sold As Is, Where Is with no warranty written or implied by West Central Auction Co. or by the sellers.
SPECIAL INSTRUCTIONS: Any special instructions must be written on sales contract today.
CLOSING COST: Seller will prepare a warranty deed. Seller agrees to furnish at Sellers expense an Owner's Policy of Title Insurance in the amount of the purchase price. Seller and Buyer shall pay their share of the costs of closing.
CLOSING LOCATION/AGENT: Closing agent/location will be provided no later than ten (10) days after the auction date.
TAXES: Taxes will be prorated to the day of closing.
Successful bidder not executing and returning the contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default. In the event a winning bidder fails to submit the signed Contract for Sale of Real Estate and 10% of High Bid Price in earnest money deposit, the winning bidder will be charged a penalty fee of $1,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by West Central Auction Company and the Seller as provided in the Auction Terms and Conditions and the Contract for Sale of Real Estate. West Central Auction Company reserves the right to sell to the second-highest bidder in the event the successful high bidder does not comply with the terms of the sale.
LIQUIDATED DAMAGES: If buyer chooses not to close within stated time herein and no written extension has been granted by the seller, the buyer will forfeit all the deposit. If such action occurs, West Central Auction Co. hereby has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by seller, labor cost and additional cost of auction as not defined in this agreement.
POSSESSION: Purchaser shall receive possession of property at closing.
CONFIRMATION: Selling subject to owner's confirmation.
All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the seller or the auctioneers. Personal on site inspection of all property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, right-of-ways, or any other information that can be obtained as public record in the Payne County CourtHouse concerning subject properties
West Central Auction Co. is the agent of the seller and their fiduciary duties of loyalty and faithfulness are owed to their client (the seller).
SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, West Central Auction Company, reserve the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor WEST CENTRAL AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by West Central Auction Company.