Irrigated Colorado farmland to be offered in major auction

News provided by

Schrader Real Estate and Auction Company

Oct 01, 2014, 11:18 ET

HOLYOKE, Colo., Oct. 1, 2014 /PRNewswire/ -- Approximately 1,958 adjacent acres of farmland near Holyoke, in Philips County, will be offered at auction Saturday, Oct. 25. Schrader Real Estate and Auction Company is marketing the property and managing the event in cooperation with The Lund Company.

"This contiguous land has 1,917 acres of FSA cropland, and 1,433 acres under center pivots, with 484 acres in the Conservation Reserve Program (CRP)," said R.D. Schrader, president of the auction company.

The land is being sold in five tracts, with the tillable land in three tracts, of 651 acres, 654 acres and 646 acres. Two other tracts make up an additional 7 acres, which are being used for two 30,000-bushel bins and a shop site.

The auction will begin at 10 a.m. Saturday, Oct. 25, at the Philips County Event Center in Holyoke.

Bids will be allowed on any combination of tracts, or on all the land being offered. Online bidding will be available during the live auction.

Those seeking additional information may visit www.schraderauction.com, or call 800-451-2709. "We have prepared a detailed information booklet that includes FSA summaries, soil maps, and information on water rights, assessments, taxes and other matters needed for due diligence," said Schrader.

Schrader personnel also will be available at the Philips County Event Center from 9 to 11 a.m. on Thursday, Oct. 9.

The auction is part of the offering of approximately 13,450 acres over six days, also including land in Illinois, Mississippi, Arkansas, Louisiana and Texas.

Schrader Real Estate and Auction Company, based in Columbia City, Ind., is a leading auctioneer of agricultural land throughout the United States and is a four-time USA Today/National Auctioneers Association Auction of the Year Winner, as well as a two-time winner of the Grand Champion Marketing Award of Excellence.

National Farmland Portfolio • 13,450(+/-) ac. in AR, CO, IL*, LA, MS and TX (*Sangamon & Warren Co., IL) • At auction: with reserve and 2% Buyer's Premium • License info: Schrader Real Estate and Auction Company, Inc.: AR real estate firm; IL real estate broker corp.; LA auction company; MS auction firm #1411F; office in Columbia City, IN; Tel: 800.451.2709 • Rex D. Schrader II: AR auctioneer; IL sponsoring auctioneer; IL managing broker; MS auctioneer #1410; TX auctioneer #17409; LA auctioneer #1897 • John F. Lund: CO employing broker • James Hain: CO designated broker • Lance E. Walker: MS real estate broker; Tel: 901.322.2139 • Paul A. Lynn: Houston, Texas; Tel: 832.598.8243; TX real estate broker #9000489; LA real estate broker (also licensed as a broker in IL, OK and FL)