Tuesday, January 8 4 pm
925 74th Ave SW
Vero Beach, FL 32967

Inspections

Monday, December 17 • 9:00 to 3:00 pm
Monday, January 14 • 9:00 to 3:00 pm
Other times by Appointment


Description

Sealed Bid: Tuesday, January 8 – 4:00 pm EST
Online Timed Auction: Tuesday, January 15 – 4:00 pm EST

Tract 1: 69.23± Acres Main Plant Site
Tract 2: Entirety Purchase of all Equipment Lots
Tract 3: Entirety Purchase of Tracts 1 & 2
Tract 4: 75.41± Acres of Bare Land

The feedstock-flexible processing technology at Indian River BioEnergy Center takes advantage of the abundant local supply of agricultural and yard waste. Municipal trucks delivering these wastes pay a tipping fee to the biorefinery, while local residents can drop off yard waste at no charge.

The plant can process 250,000 tons of yard and wood waste per year and produce up to 8 MGY of Cellulosic Ethanol and 6 MW of Electricity.

It only takes 10 minutes from waste input to ethanol output!

Built in 2011 at a cost of $130± Million, the facility operated for four years before closing in 2017.

Selling in Components or Piecemeal

Surplus to the ongoing operations of Indian River Eco District LLC.
Enjoy this drone video of the site.

Keep watching for more information!

Map


Broker Participation

Broker Participation is welcome but not required. A 1% commission will be paid to the licensed broker who, at the time of registration, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.


Full Terms

MANNER OF SALE: Sealed bids will be accepted by Maas Companies Tuesday, January 8, 2019 at 4:00 pm EST. Sealed Bid offers must be received by the deadline and be accompanied by a $20,000 earnest money deposit (check or wire) along with a fully completed and notarized Bidder Kit. Deposits will be returned to the unsuccessful bidders. Bids must be delivered by traceable courier to Maas Companies Inc at 6923 10 Avenue SW, Rochester, MN 55902. Deposit monies are payable to Indian River EcoDistrict LLC and will be held in escrow as such. Wire transfers are acceptable. All bids are subject to Seller’s acceptance on or before Wednesday, January 9 at 4 pm. Bidders will be notified of the Seller’s decision in writing via email. At this time, the Seller, in its sole discretion, may either declare one of the bidders the winner and the auction process ended or in the event of a tie, the Seller may invite the high bidders to participate in a limited live auction. Should the auction process continue to a limited live auction, the event will be held on Thursday, January 10 at 11:00 am EST. Buyers will be able to participate via phone. Buyers are strongly encouraged to submit their highest and best offers by Tuesday, January 8, 2019 at 4:00 pm EST. The Sealed Bid Auction process is binding and offers are non-revocable, buyers should request and thoroughly review all documents prior to submitting a sealed bid offer. To obtain a Bidder’s Kit, please contact the auction company at 507-285-1444.

Selling AS-IS, WHERE-IS WITH NO WARRANTIES, GUARANTEES, EXPRESS OR IMPLIED. Selling Subject to Owner Confirmation. All sales are final.

In all transactions, Maas Companies is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company.

Maas Companies Inc AB2862; Ronald R. Kirby, Jr. AU3991; Edward E. Messer, BK59562