For sale: Property in Kingfisher, Oklahoma

CHS Inc. is offering facilities and real property at 2305 S Main St., Kingfisher, Kingfisher County, OK, for sale by sealed bid.  The property consists of a former dry fertilizer building and shop building.  A complete legal description of the property is available upon request.  

Bidding Process:  Sealed bids with a cashiers’ check equaling 10% of the bid must be received no later than 4 pm, October 31, 2024.  Bids may be mailed or delivered to the below address.  All bids should include the name, address and phone number of the entity placing the bid.

CHS may, in its sole discretion, at a time, date, and location to be determined after all sealed bids have been received by CHS, invite the parties with the three (3) highest bids to have the opportunity to raise their bid a minimum of $1,000.00 above the highest bid; for avoidance of doubt CHS shall have no obligation to provide such opportunity.  Bidding would cease when the remaining bidders no longer raise the minimum $1,000.00 in the time allotted.  The party possessing the final bid would have 24 hours to submit an additional cashiers’ check to bring its aggregate down payment to 10% of the final bid and sign a purchase agreement on the terms described below.  Unsuccessful bidders will have their checks returned within five (5) days after the successful bid is determined.

Terms of Sale:

• CHS is offering the property for sale “AS IS, WHERE IS” on a cash only basis. 
• The property would be conveyed by Special Warranty Deed, subject to reservations, restrictions and easements of record, if any, and reserving all oil, gas and mineral rights, if any. 
• Buyer would acknowledge that CHS has disclosed that the property has been used for dry fertilizer storage, that fertilizer likely is contained in the walls of the former dry fertilizer building located on the property and that contents placed in the building may be subject to corrosion. 
• Closing costs charged by the closing agent, if any, would be shared equally between CHS and the buyer. 
• Buyer would be responsible for other closing costs, including abstracting fees, title insurance, survey costs and environmental assessments as required by buyer. 
• Real Estate taxes payable for the year of closing would be prorated to the closing date based upon the most current tax statement and settled at closing. 
• Possession would be given on date of closing.

CHS reserves the right to accept or reject any and all bids for any reason.

For questions, call Jason Kroener at 405-263-7240.  A copy of the purchase agreement is available for review by prospective bidders upon request.

Send sealed bids with bidder’s return address and phone number to:

CHS Inc. 
Attn:  Kingfisher Sealed Bid 
115 E Oklahoma 
PO Box 187 
Okarche, OK 73762