Schrader Real Estate and Auction Co. will auction two sites totaling 310 acres northwest of Tulsa’s central business district on Aug. 20, the Columbia City-based company said.
Slightly more than half the property–160 acres–is located at Osage Drive / 43rd Street and North 25th West Avenue and will be sold in eight tracts varying in approximate size from 11 to 48 acres. The other 150 acres are about 3.5 miles to the south, bordered by 33rd West Avenue, West Edison Street and 41st West Avenue. The latter plot will be sold in 12 tracts ranging from 3 to 37 acres.
Brett Wellings, manager of Schrader’s Southwest operations, said: “These properties have a great deal of frontage and are all located within a few minutes of Tulsa’s central business district. Most is currently open pasture and woodland, but we expect considerable interest in much of it as development land. The tracts in the group to the north are less than a mile from Osage Casino, with frontage on the recently expanded 43rd Street. The southern group of tracts is right across the street from Central High School.”
The southern parcels include a 22-acre tract with a pond and an adjacent 37-acre tract with a creek running through it. The auction is scheduled to start at 6:30 p.m. at Post Oak Lodge, located at 5323 West 31st Street North in Tulsa.
In local investment sales news, Imation Corp. has tapped Binswanger to market a 179,270-square-foot industrial building in Weatherford. Located on a 50-acre site at 2700 East Frontage Road, the fully air-conditioned structure was built in 1975 and expanded in 1995. The property features a 162,370-square-foot industrial plant and three ancillary buildings totaling 16,900 square feet.
Image Courtesy of: www.schraderauction.com