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LAND AUCTION - 5,778+/-ACRES OFFERED IN 21 TRACTS IN OKMULGEE COUNTY, OKLAHOMA

LAND AUCTION - 5,778+/-ACRES OFFERED IN 21 TRACTS IN OKMULGEE COUNTY, OKLAHOMA

Okmulgee County, Oklahoma

Tue, Sep 29, 2020 EASTERN

AUCTION IS OVER

• 20 MILES SOUTH OF TULSA • EXCELLENT SURFACE WATER RESOURCES • NUMEROUS PASTURES • OPEN NATIVE GRASSLANDS • 5.5 MILES PAVED ROAD FRONTAGE • FUTURE DEVELOPMENT POTENTIAL

The Dillingham Ranch is an iconic Oklahoma estate that has been in the Dillingham Family for nearly 70 years. After much consideration, the owners are now offering this exceptional property to the public for the first time in decades! Comprised of 5,778+/- contiguous acres laying 20 miles south of Tulsa, in the heart of excellent grass country, the Dillingham Ranch is a once in a generation opportunity to own and steward an outstanding heritage property! Located along Highway 16, 4 miles east of Highway 75, the ranch is easily accessible from major highways and paved roads. Being only 20 miles south of Tulsa adds to the uniqueness and accessibility of the property! The Dillingham Ranch is a working cattle operation with numerous fenced pastures, hay meadows, excellent surface water resources, open native grasslands, centralized working facilities, abundant wildlife and a stunning ridge line on the western side of the property that overlooks the entire estate. The property will be offered in 21 tracts ranging from 7+/- acres to 1,602+/- acres and bidders can submit bids on any combination of tracts or the entire property. Do not miss this distinctive opportunity to own one of Oklahoma's finest ranches!


Information Book


OPEN HOUSE/INSPECTION DATES

August 11: 8AM - 12PM

August 29: 8AM - 12PM

September 22: 2PM - 5PM

September 28: 2PM - 5PM

September 29: 8AM - 12PM

PROPERTY LOCATION

From Highway 75 exit onto Highway 16, travel east four miles. Ranch is on your right.

AUCTION LOCATION

Glenpool Conference Center
12205 S Yukon Ave, Glenpool, OK 74033

TRACT DESCRIPTIONS

Tract 1: 30± ac located at the intersection of Highway 16 and Natura Rd with a beautiful pond, excellent potential building site!

Tract 2: 38± ac located along Highway 16 with great views and a nice pond.

Tract 3: 7± ac with a nice metal building, concrete floors, heat & air, fully insulated, walk-in cooler, office, kitchen, 2 bathrooms and plenty of storage space. This tract was once the Dillingham Family Winery and would make an excellent workshop, ranch office or a variety of other uses.

Tract 4: 160± ac with paved road frontage and two nice ponds!

Tract 5: 41± ac excellent potential home-site with paved road frontage and a mixture of open hay meadow and timber along the west side. (Check out deer photos.)

Tract 6: 15± ac with paved road frontage, excellent potential home-site.

Tract 7: 12± ac with paved road frontage, another excellent potential home-site.

Tract 8: 77± ac that has been in hay production, nice pond and wooded on the west side.

Tract 9: 44± ac that are absolutely stunning! This tract overlooks the entire Dillingham Ranch, with a beautiful ridgeline that drops nearly 200 feet to the grasslands below. The opportunities are endless for this tract!

Tract 10: 40± ac along Herrick Rd that would be an excellent potential home-site and recreational tract. Primarily Oak and Hickory forest with lots of signs of deer!

Tract 11: 88± ac with paved road frontage and two ponds, excellent starter ranch and potential home-site location.

Tract 12: 156± ac with a really nice pond and combination of open pasture and wooded creek lines, excellent recreational tract.

Tract 13: 1,351± ac acres that serves as the current "core" of the ranch. This tract includes the central working facilities, multiple pens, bunk house, equipment shed and is cross-fenced into 5 pastures. The tract has county road access from both the south and west sides, making for an excellent stand-alone ranch or combination tract with other parcels!

Tract 14: 1,602± ac that would serve as an outstanding stand alone ranch or could be combined with surrounding tracts. The property is fenced and crossfenced into multiple pastures, has excellent water resources in 12 ponds and fronts Highway 16 and Natura Rd to make for excellent paved road access!

Tract 15: 932± ac located in the northeast quadrant of the ranch with access off Highway 16. Excellent native grass pasture that is cross-fenced with multiple ponds in each pasture.

Tract 16: 635± ac located in the northeast quadrant of the ranch with access from County Rd 280 on the east side. Currently, this tract has good perimeter fencing and is all one large pasture. Excellent ponds and incredible views!

Tract 17: 356± ac located along County Rd 280 with good perimeter fencing and excellent ponds, great for a small ranch and potential building site!

Tract 18: 80± ac at the intersection of Highway 16 and County Rd 280, outstanding views, paved roads and a nice pond create the potential for an excellent building site!

Tract 19: 33± ac along Highway 16, excellent potential building site.

Tract 20: 22± ac with frontage along Highway 16, another excellent potential building site.

Tract 21: 59± ac with frontage along Highway 16, a mixture of dense wooded areas and open pasture with a great pond location!

TRACT MAP(S)

Tract map - LAND AUCTION - 5,778+/-ACRES OFFERED IN 21 TRACTS IN OKMULGEE COUNTY, OKLAHOMA

AREA MAP(S)

Area map - LAND AUCTION - 5,778+/-ACRES OFFERED IN 21 TRACTS IN OKMULGEE COUNTY, OKLAHOMA

Area map - LAND AUCTION - 5,778+/-ACRES OFFERED IN 21 TRACTS IN OKMULGEE COUNTY, OKLAHOMA

PROCEDURE: Tracts 1 through 21 will be offered in individual tracts, in any combination of these tracts, or as a total unit per auction date and time. There will be open bidding on all tracts and combinations during the auctions as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete. The property will be sold in the manner resulting in the highest total sale price.

BUYER'S PREMIUM: The contract purchase price will include a Buyer's Premium equal to 4% of the bid amount.

DOWN PAYMENT: 10% of the total contract purchase price will be due as a down payment on the day of auction, with the balance due in cash at closing. The down payment may be made in the form of cashier's check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. The auction bids are subject to the acceptance or rejection by the Seller.

DEED: Seller shall be obligated only to convey a merchantable title by Special Warranty Deed.

EVIDENCE OF TITLE: Seller agrees to make available to bidder a preliminary title insurance commitment to review prior to auction. The cost of title insurance, if the buyer(s) elects to purchase the title insurance policy, will be the responsibility of the buyer(s). Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title, and similar related matters. All tracts sold "AS-IS".

CLOSING: The closing shall take place 45 days after the auction or as soon thereafter as applicable closing documents are completed by Seller.

POSSESSION: Possession shall be at closing, subject to rights of the current tenant.

REAL ESTATE TAXES: Real Estate taxes shall be prorated to the date of closing.

MINERALS: Seller specifically excepts and reserves all minerals, including without limitation, oil, gas, coal, coalbed methane, and all other hydrocarbons, lignite, and all metallic minerals, etc., if any, associated with the referenced real estate, and the term "Property" will not include any mineral rights.

ACREAGE AND TRACTS: All acreages and square footages are approximate and have been estimated based on current legal descriptions, property tax records and/or aerial photos. Any corrections, additions, or deletions will be made known prior to the auction.

Information Book

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