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268.13+/- Acres Riley County, Kansas
Selling in 4 Tracts
On Our
UNRESERVED ONLINE AUCTION
September 19, 2023
Bidding opens September 5, 2023, and ends September 19, 2023, at 11:00 a.m. CDT
Description
Commercial Development Property – Annexed, Surveyed & Plated at Ogden, KS
This 268.13 acres of ‘Prime Commercial Development Property’ in Riley County, KS, sells in 4 tracts, with no combination of tracts. The acres being sold were determined using the best information available reconciling USDA-FSA, surveyed and taxable acres. Flags have been set at approximate boundary lines where needed. Buyers should rely on survey drawings available on our website for Tracts 3 & 4 River Trail Addition and engage their own surveyors if needed to verify boundary lines on all tracts. It’s raw farmland, with no wetlands identified by the Natural Resource Conservation Service (NRCS), USDA. It's fully annexed into the city limits of Ogden, KS, and zoned 'General Commercial’ and 'Multi-Family'. The expense of surveying and platting tracts 3 and 4 was paid for by a prior developer who created a 'Master Development Plan' to meet expanding needs and demands in Riley County. Those include housing, hotels, truck stops, restaurants, professional offices, banks, retail shops, strip malls, and other uses. This property has location, location, location at the new K-18, 4-lane highway (Ft. Riley Blvd) and Hwy 114 Interchange at Ogden, KS. $100 million was spent building this new K-18 highway designed to handle 43,000 vehicles daily. The land is 4 miles northeast of I-70 and 6 miles southwest of Manhattan, KS, home to Kansas State University and the new National Bio and Agro-Defense Facility. It’s less than a mile south of Manhattan, KS, Regional Airport. Ogden, KS, is the eastern gate to Fort Riley, home to the U.S. Army’s 1st Infantry Division. The Kansas River flows past the south side of the property, offering wonderful nature experiences perfect for kayaks, canoes, and fishing. This is a rare investment opportunity to position you for bigger opportunities in the future.
The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid.
Plan to Attend the Informational Meeting & Auction:
Holiday Inn at the Campus
Presidents Room
1641 Anderson Avenue
Manhattan, KS 66502
BigIron Realty Agents will be at the Holiday Inn at the Campus, in Manhattan, KS, on September 19, 2023, from 9:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the land. BigIron Realty Representatives will assist buyers with registering to bid and with placing bids online. You do not have to be present to bid online, but you must be available by phone.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning September 5, 2023, and ending September 19, 2023, at 11:00 a.m. This unreserved online auction features bidding extensions. If a bid is received on any tract within five minutes of the scheduled close time, the bidding will be automatically extended to five minutes on all tracts. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so please register on bigiron.com at least 24 hours before the auction closes or call 800-887-8625 for assistance.
Tract 3: 37.40+/- Acres
Description: This 37.4+/- acres has an outstanding location, location, location for a truck stop, farm implement dealership, strip mall, retail outlets, or any number of commercial builds. It immediately adjoins the northeast corner of the Ogden, KS,K-18 Exit. Talk about visibility; here’s 2,120.3 feet of frontage along K-18 (Ft. Riley Blvd). That's .4 tenths of a mile! It’s all within the Ogden, KS, city limits, surveyed and platted. This is 100% ‘prime’ highly productive cropland comprised of Bismarck grove-Kimo and Eudora soils with 0-1% slopes. All but 2.81 acres are planted for corn and soybeans that should be harvested near closing. The seller retains the owner’s crop share of the 2023 growing crops and pays the 2023 property taxes. The land is bordered on the west by K-18 (Ft. Riley Blvd), on the south by E. Riley Avenue, and the east by Cimarron Trail Road.
Legal: Tracts in the SE6-11-7; NE 7-11-7; and NW 8-11-7
2022 Taxes: $1,622.94
Location: Immediately adjoining the northeast corner of the Ogden, KS, K-18 Exit.
FSA: PLC
Base Yield
Corn 35.37 105
Soybeans 1.07 36
Total 36.44
FSA bases are owner designated based on a cropland ratio.
Crop insurance actual production history (APH) yields are corn 125 bu. / soybeans 45 bu.
Mineral Rights: Seller's mineral rights go to the buyer at closing.
Water Rights: To the buyer at closing.
Possession: Buyer receives possession the earlier of: 1) conclusion of the 2023 crop harvest; 2) destruction of the planted crop in any manner, or 3) December 31, 2023.
Owner:
Open Range Properties, LLC
Title Services:
Kansas Secured Title, 303 S. Seth Child Rd, Manhattan, KS 66502
For more information, contact the listing agent:
Mike Campbell, 785-821-0619
Terms: This property sells “AS IS” and is subject to all rights of way and easements, whether recorded or not, and to oil and gas leases of record, if any. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes on all tracts. This will continue until there is a five-minute period where no bids are placed. The successful buyer must enter a written purchase agreement immediately after the sale with a 10% non-refundable down payment payable to Kansas Secured Title, 303 S. Seth Child Rd, Manhattan, KS 66502. The earnest money deposit can be made by personal check, company check, or wire transfer. The balance will be due at closing on or before October 20, 2023. The seller will provide a marketable title to the buyer, evidenced by title insurance. Title insurance and closing costs are split 50/50 between the buyer and seller. The buyer will pay additional title insurance required by a buyer's lender 100%. The 2023 property taxes will be paid by the seller. The property will not be sold subject to financing. Have all financial arrangements made before the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.
Location
Terms
The sale is subject to all rights of way and easements, whether recorded or not, and to oil and gas leases of record, if any. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes on all tracts. This will continue until there is a five-minute period where no bids are placed. The successful buyer must enter a written purchase agreement immediately after the sale with a 10% non-refundable down payment payable to Kansas Secured Title, 303 S. Seth Child Rd, Manhattan, KS 66502. The earnest money deposit can be made by personal check, company check, or wire transfer. The balance will be due at closing on or before October 20, 2023. The seller will provide a marketable title to the buyer, evidenced by title insurance. Title insurance and closing costs are split 50/50 between the buyer and seller. The buyer will pay additional title insurance required by a buyer's lender 100%. The 2023 property taxes will be paid by the seller. The property will not be sold subject to financing. Have all financial arrangements made before the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.