Small Acreage Auction near Ponca City

Description

*HYBRID AUCTION*

PROPERTY: 47.19 +/- Acres offered in 3 Tracts in Kay County, Oklahoma near Ponca City

AUCTION DATE: May 28th, 2025 at 6 PM Central

LOCATION: Carolyn Renfro Event Center- Fireside room

Time : May 28th @ 6 P.M. Central Time

Whether you're looking to expand your farming operation, build your dream rural home, or expand your business off of Hwy 77, one of these tracts will fill your needs!  Each of these tracts are just minutes from Ponca City.  This hybrid auction will give everyone an opportunity to purchase one of these great properties! Go to the “L2 Realty Auctions” app or https://l2realtyinc.bidwrangler.com/ui for more details and how to register.

Tract Sizes:

Tract 1: 13.61 +/- acres

Tract 2: 16.33 +/- acres

Tract 3: 17.17 +/- acres

Parcel Details:  Tract 1, 2 and 3 all have black top road frontage.  Tract 1 has direct access to HWY 77 which provides a great opportunity for rezoning for a business. Tract 2 and Tract 3 have access from East Tower Road. Both provide a private pond and excellent locations to build a home.

Access: Just a few miles north of Ponca City this property provides a rural feel with the convenience of Ponca City. 

Features: Tillable farm ground provides income and farming opportunities. Each tract features a waterway and a few select trees. Many bobwhite quail were seen while touring the property along with pheasant and deer tracks. Plenty of space to build your own hobby farm!

Utilities: Access to Electricity and Rural Water runs along both East Tower Road and HWY 77.  A private well could be dug to provide additional water for your homestead. This property is in Kay County RWD3.

Don’t miss out on a great opportunity to capture this elusive build site outside of Ponca City! Interested in this property? Please call or email the listing agent, Wesley Johnson, at (318) 366-0859 or wjohnson@l2realtyinc.com or Tyler Gentry, at (316) 641-3173 or tgentry@L2realtyinc.com to set up your showing. Create your land legacy!

•      Three Small-Acreage Tracts

•      Tillable Farm Ground

·      Two Ponds

·      Wildlife

·      Highway and Blacktop Road Frontage

·      Electricity Access Available

•      Rural Water Access Available

•      5 minutes to Ponca City, OK

•      15 minutes to Blackwell, OK

•      1.5 hours to Oklahoma City, OK

TERMS: Online bidding will open at 10 AM on May 24th, 2025 and live in-person bidding will begin at 6 PM on May 28th, 2025.  In person bidding will be held at the Carolyn Renfro Event Center - Fireside Room at 445 Fairview Ave, Ponca City, OK 74601.  Download our app “L2 Realty Auctions” or go to https://l2realtyinc.bidwrangler.com/ui to stay updated and place bids.  Bidding will be conducted online and in-person.  There will be a 10% buyers premium added to the high bid to determine the contract price.  Closing fee and title insurance fee will be split 50/50 between seller and buyer.

These properties are selling subject to a reserve. Bids submitted shall be “firm bids” available for sellers acceptance and without contingencies. Interested buyers need to view the property prior to the date of the auction and have financing approval along with any inspections performed prior to bidding.  Final sales price will be calculated by the acreage amount (17.17, 16.33, or 13.61) times the final bid plus buyer’s premium.  Upon acceptance of a bid by seller, the real estate contract will be provided by the seller’s agent to the successful bidder promptly, and the termed contract shall be executed by the successful bidder and tendered to seller’s agent within 24 hours of the close of the auction. The earnest money deposit in the amount of 10% of the final sale price will be tendered to Security Title within five 5 days of notification and acceptance. Remaining balance due at the time of closing. Closing of the sale bid purchase will be conducted on or before 07/11/2025 at where time seller shall deliver possession. Selling subject to easements, restrictions, roadways and rights of way. Preliminary title work included. Boundary property lines pictured are approximated for reference only. There will be no guarantee on any fence or property lines as the selling is of the legal description only. Property is selling “as is” condition and is accepted by the buyer without any expressed or implied warranties. All terms announced the day of the auction take precedence over any other advertising.