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Online Auction 2 Commercial Buildings & House on 3.74 Acres See Contact
Description:

Online Auction 2 Commercial Buildings & House on 3.74+/- Acres

Online Bidding Closes: Thursday, December 15, 2022 2:30pm CT

Preview: December 8th at 11:00am CT
Property Location: 5816 US Route 20 West, Freeport, Illinois 61032

2 Commercial Buildings & House Situated on 3.74+/- Acres
3.74 Acres +/-
312 feet of Frontage on US Hwy 20
Great Visibility
Northwest of Freeport, IL
$17,032 = 2021 Property Taxes
Zoning is M-1 Limited Manufacturing District
Average Daily Traffic is 9,300 on Hwy 20

Two Manufacturing Buildings with 15,780 sf +/-
Building 1:
Built in 1992
4,160 sf +/- (40’ x 104’) Includes 1,600 sf +/- Office Space
Clear Height 16’ +/-
Building 2:
Built in 2000
11,620 sf +/- (80’ x 104’, plus 60’ x 55’)
Clear Height 16’ +/-
Updated LED Lighting throughout both Buildings

2 Story House
1,768 sf +/-
Attached 3 Car Garage
3 Bedrooms & 1 ½ Bathrooms
Month to Month Lease $700 per month
Recent Roof Replacement
Circa 1895

10% Buyers Premium and other terms apply.

618-830-9091
vancel@tranzon.com
Vance Luksetich

Tranzon Asset Advisors, Vance Luksetich, IL Broker #471.014411
In Cooperation with O.D. Holley, Advanced Auctions

City:
Freeeport
State:
Illinois
Country:
United States
Email:
Contact Seller
Phone:
8887917307 ext 807
Broken Bow Development 178 acres 5,785,000.00
Description:

Property Details
Name of Property: Broken Bow Development 178 acres
Acreage: 178 Acres
Location: 20 Min. S of Hochatown, OK, 3 hrs N of Dallas
Closest Town: Broken Bow, OK
Access: Paved County Road
Topography: Gently rolling to rolling
Improvements: Home, barn, shop, fencing, ponds
Bedrooms: 3
Baths: 2
Water: Ponds and beautiful seasonal stream
Wildlife: Whitetail deer, turkey, squirrels, dove, etc.
Utilities: Rural water, electric, septic system
Development Potential: Opportunity and HUB Zones
Comments
This 178 acres is located, in both a HUB Zone and an Opportunity Zone, at the gateway to Hochatown, Oklahoma, just northwest of Broken Bow. The development boom is in full swing and the opportunities are tremendous. Broken Bow is touted as being the 2nd fastest growing tourist destination in the U. S. and is a popular destination for visitors from many surrounding and distant states. Current census has available rentals at 1800, up from 600 in 2018. The majority of these rentals are well appointed with hot tubs, shuffleboard, grills, decks, fire pits, fireplaces and other amenities.

The terrain is flat to gently rolling forests and meadows. Large hardwoods add character, and appeal to the property, and provide privacy breaks. There are also open grass areas amenable to commercial or entertainment venue development without having to clear timber. Four ponds and a meandering seasonal stream are in place to add ambiance to multiple building locations. Located conveniently for visitors coming in from the south, east or west, as Google Maps is already directing traffic past the property from the west in route to Hochatown. There is one 2080 sq. ft. home on the land, as well as a barn and shop. An additional adjoining 170 acres is also for sale at the same price per acre. (See the Broken Bow Development 170).

Utilities: A six-inch water main line and a 2.5-inch line run along the north boundary; Electricity is already at multiple locations on the land. Oklahoma Natural Gas has a main line just west of the property.

Access: Paved County Road frontage along the north boundary. The property lies 1.25 miles west of State Highway 259, and Ύ mile East of State Highway 3.

Zoning: The property is located outside city limits and is not restricted by zoning.

Existing Structures (house): 2080 sq. ft. home. One barn and one shop building.

Taxes: $2,743.66 (current/year)

Area attractions: Sited in the foothills of southeastern Oklahoma, the Ouachita National Forest contains the beautiful Kiamichi Mountains and Beavers Bend State Park. Within the park is the 14,000 acre Broken Bow Lake which is 22 miles in length, beautifully nestled within the foothills with Pine timber lining the shorelines. The lake provides activities such as kayaking, boating, canoeing, swimming, skiing, fishing (including Trout below the dam), and other water sports. Relax and refresh at one of the many restaurants, gift shops, wine tasting venues, Beaver’s Bend Mining Company, The Maze (a 29,000 sq. ft. outdoor wooden maze), Cedar Bluff Nature Trail, Forest Heritage Tree Trail along Beaver Creek, Forest Heritage Center, David Boren Hiking Trail (and many smaller trails), horseback riding, miniature golf, ziplining, and mountain biking. In the Fall make sure you take a drive through the majestic Talimena National Scenic Byway to view the beautiful colors of season.



Distances from:

Hochatown, OK – 8 miles

Dallas, TX-3 hours

Oklahoma City, OK -3.75 hours

Springfield, MO- 5.5 hours

Fayetteville, AR-3.1 hours

Texarkana, TX – 1.5 hours

Tyler, TX- 2.5 hours

Shreveport, LA-2.5 hours

Denton, TX- 3.2 hours

Ft. Smith, AR- 2.2 hours

Tulsa, OK- 3.15 hours

Call Sandy Brock Bahe at 918-470-4710 or Toll Free at 844-WCR-LAND.

DISCLAIMER: The information contained herein is as obtained by this broker from sellers, owners, or other sources. This information is considered reliable, neither this broker nor owners make any guarantee, warranty or representation as to correctness of any data or descriptions and the accuracy of such statements. The correctness and / or accuracy of any and all statements should be determined through independent investigation made by the prospective purchaser. Any offer for sale is subject to prior sale, errors and omissions, change of price, terms or other conditions or withdrawal from sale in whole or in part, by seller without notice and at the sole discretion of seller. Readers are urged to form their own independent conclusions and evaluations in consultation with legal counsel, accountants, and/or investment advisors concerning and all material contained herein.

City:
Broken Bow
State:
Oklahoma
Country:
United States
Email:
Contact Seller
Phone:
918-426-6006
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