Lot# 4

Location: Lincoln, NE

Closed on:

April 18, 2024 | 11:00AM CDT

High Bid $550,000
Bid Increments
Bids over 0 must be in 250 increments
Bids over 5,000 must be in 500 increments
Bids over 10,000 must be in 1,000 increments
Bids over 50,000 must be in 2,500 increments
Bids over 100,000 must be in 5,000 increments
Bids over 250,000 must be in 10,000 increments
Bids over 500,000 must be in 25,000 increments
Bids over 1,000,000 must be in 50,000 increments
Max Bid?
  • Maximum Bids may be placed any time before the Item closes
  • Bids are confidential and other bidders cannot see your max bid
  • Max Bids are executed by the automated bidding system on the bidders behalf
  • Max Bids may be increased at any time before the item closes.
  • You may NOT lower a max bid after it has been placed
  • Max Bids are executed on the order they have been placed.
    • If there are more than one max bids placed for the same amount the first max bid recorded will be executed
    • If a single bid is placed at the amount of a previously entered max bid, the max bid will have precedence and be executed at that amount
  • When Max Bids are placed on an item that has a reserve, the appropriate bid will be executed to meet the reserve.
    • If the Max Bid is not high enough to meet reserve the max bid will be executed and "Reserve Item" will be displayed.
  • Bidder may increase their max bid until the Reserve is met if they desire.
DESCRIPTION


Address:
3001 Cornhusker Hwy
Lincoln, NE 68504

Built: 1952-1955

Licensed Capacity: 12,592,000 Bushels

Concrete Space: 11,297,338 Bushels
- Concrete silos are 65,000 and 70,000 bushel capacity

Flat Storage: 1,294,662 Bushels
- Metal frame, steel clad building w/ floor dump drag conveyor

Track: 50 Car working capacity (BNSF Direct, UP, CPKC)

Office: 4,800 sq. ft., partial finished basement

Maintenance Shop: 40' x 80'
- concrete block building, hanging furnace heat, private offices, restrooms and break room

Storage Shed: 40' x 120'
- Metal frame, metal clad, front 40' x 40' heated and insulated

Land: Approx. 17.5 acres - deeded property

Truck Scales: (2) 10'x 70' concrete pit type, 120,000 pounds

Truck Probes: 2x Shuttle Grain Probes Truck Dumps: 2x 20,000 BPH, 1x 15,000 BPH

Rail Loadouts: 2x 20,000 BPH (each has own inline FGIS approved sampler), grading/sample room at train/truck loadout

Grain Cleaners: 2x Texas Shakers 2,500 BPH each

Delux 1,500 BPH vertical dryer

Manlifts in 300 & 400 annexes, belt lifts in 100 & 200 annexes

(7) dust collectors throughout w/ (2) mineral oil tanks

Capex:
- New Roofs on 400, 200, 300 sections in 2016
- Replaced truck unload belt with new drag in 2015

Facility is in current operation. No personal property is included other than belts, motors, cups and parts pertinent to the operation of the facility.

TERMS
High bidder will enter into a purchase agreement upon conclusion of the auction. A 10% earnest deposit to be placed with Erickson | Sederstrom P.C., L.L.O. of Omaha, NE. Balance of purchase price to be paid in full with certified funds upon closing and delivery of deed. Closing to take place on or before May 31, 2024. Closing fees to be shared equally between Buyer an Seller. Buyer title insurance for the account of the buyer. All Real Estate taxes shall be prorated as of closing. Full possession to be given upon closing. Sale of the property is not conditional upon the ability of the buyer to secure financing. Final bid is subject to the confirmation of the Seller. The property is subject to all recorded easements, covenants, restrictions and reservations of record. Broker and Seller make no representations, warranties, or guarantees regarding such rights.

Property and equipment are sold on an “AS IS WHERE IS" basis with no warranties or guarantees expressed or implied by the Broker or Seller. No operational assessments have been made by DPA Auctions; it has been photographed only. Agency Steve Peterson, Doug Rickett, Paige Peterson Broker are acting as Sellers limited agents and as such, solely represent the Seller in this transaction. We obtained the information above from sources we believe to be reliable. However we make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions prior sale, lease, financing, or withdrawal without notice. We include any projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your legal advisors should conduct your own investigation of the property and transactions. This will be real property ONLY. No personal property.



Notes:


DOCUMENTS

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Category: Real Estate

LOCATION

Lincoln, NE 68504

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Equipment Sold "AS IS, WHERE IS": All equipment/property is sold "AS IS, WHERE IS" with no warranty or guarantees, expressed or implied, No operational assessments have been made by DPA Auctions on this item, it has been photographed ONLY.