Tuesday, July 11 4:00 pm CT Sealed Bid Deadline
1481 N 930 East RD
Taylorville, IL 62568
Inspections
Thursday, June 1 • 9:00 am to 3:00 pm
Thursday, June 29 • 9:00 am to 3:00 pm
Other Times by Appointment
Brochure
Catalog
Description
Former Clearwater Organic Farms Illinois, LLC
183,296 Sq. Ft. Greenhouse/Hydroponics Nursery Facility with All Support Equipment on 31.90± Leased Acres of Land
AUCTION DATE EXTENDED!!! GET YOUR REAL ESTATE OR EQUIPMENT TRACT OFFERS IN NOW!!!
Click Below for Drone Video of the Site:
Click Below for the Matterport 360 Virtual Tour of the Facility:
Click Below for a Clearwater Organic Farms Illinois, LLC Introduction Video:
Produced by the Original Owners
Selling in Tracts or as an Entirety
SUMMARY: The former Clearwater Organic Farms Illinois, LLC. facility is located on land leased from Waste Management of Illinois. The facility uses excess steam generated and purchased from the neighboring facility. The waste heat is then used to heat the greenhouse and head house. The offices and cooler room are cooled by an electric heat pump system. The buildings were built in 2007 and upgraded in 2018 to use controlled environment agriculture (CEA) along with floating raft, deep water pond technology. Lighting, greenhouse automation, nutrient/fertilizer, foggers, seeding/harvesting systems were also updated in 2018. A 200KW standby generator assures continuous power to the site. The facility previously grew baby leafy greens year-round and sold to retail stores within a 400 mile radius (one-day shipping time). The 400 mile radius has a population base of approximately 40 million people.
Tract 1: 183,296 sq. ft. Hydroponic Commercial Greenhouse/Nursery Facility on 31.90± Leased Acres of Land with Support Equipment: Lots 1-9, 30-128
Tract 2: 2018 DA ROS Seeding Line: Lot 10
Tract 3: 2015 ROO PAK / DA ROS Harvesting Line: Lot 11
Tract 4: DA ROS Tray Wash and Drying Line with Tanks: Lot 12
Tract 5: Packaging Room Equipment Package: Lots 13-27
Tract 6: 2018 OHLSON PACKAGING Multi-Head Weigher/Form Fill/ Seal: Lot 28
Tract 7: Entirety Purchase of Tracts 1-6: Lots 1-128. The Tracts Will Sell whichever way brings the Highest Dollar. FINANCING IS AVAILABLE TO QUALIFIED BIDDERS ON TRACTS 1 & 7. PLEASE CONTACT AUCTION COMPANY FOR DETAILS.
Christian County Economic Development Corporation Site
State of Illinois Economic Development Site
The preliminary Sealed Bid Form is available here. Please call to request the complete Bidder's Kit for this and other documents that may aid you in your bidding decision.
183,296 Sq. Ft. Greenhouse/Hydroponics Nursery Facility with All Support Equipment on 31.90± Leased Acres of Land
AUCTION DATE EXTENDED!!! GET YOUR REAL ESTATE OR EQUIPMENT TRACT OFFERS IN NOW!!!
Click Below for Drone Video of the Site:
Click Below for the Matterport 360 Virtual Tour of the Facility:
Click Below for a Clearwater Organic Farms Illinois, LLC Introduction Video:
Produced by the Original Owners
Selling in Tracts or as an Entirety
SUMMARY: The former Clearwater Organic Farms Illinois, LLC. facility is located on land leased from Waste Management of Illinois. The facility uses excess steam generated and purchased from the neighboring facility. The waste heat is then used to heat the greenhouse and head house. The offices and cooler room are cooled by an electric heat pump system. The buildings were built in 2007 and upgraded in 2018 to use controlled environment agriculture (CEA) along with floating raft, deep water pond technology. Lighting, greenhouse automation, nutrient/fertilizer, foggers, seeding/harvesting systems were also updated in 2018. A 200KW standby generator assures continuous power to the site. The facility previously grew baby leafy greens year-round and sold to retail stores within a 400 mile radius (one-day shipping time). The 400 mile radius has a population base of approximately 40 million people.
Tract 1: 183,296 sq. ft. Hydroponic Commercial Greenhouse/Nursery Facility on 31.90± Leased Acres of Land with Support Equipment: Lots 1-9, 30-128
Tract 2: 2018 DA ROS Seeding Line: Lot 10
Tract 3: 2015 ROO PAK / DA ROS Harvesting Line: Lot 11
Tract 4: DA ROS Tray Wash and Drying Line with Tanks: Lot 12
Tract 5: Packaging Room Equipment Package: Lots 13-27
Tract 6: 2018 OHLSON PACKAGING Multi-Head Weigher/Form Fill/ Seal: Lot 28
Tract 7: Entirety Purchase of Tracts 1-6: Lots 1-128. The Tracts Will Sell whichever way brings the Highest Dollar. FINANCING IS AVAILABLE TO QUALIFIED BIDDERS ON TRACTS 1 & 7. PLEASE CONTACT AUCTION COMPANY FOR DETAILS.
Christian County Economic Development Corporation Site
State of Illinois Economic Development Site
The preliminary Sealed Bid Form is available here. Please call to request the complete Bidder's Kit for this and other documents that may aid you in your bidding decision.
Map
Broker Participation
Broker Participation is welcome but not required. A 2% 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. (Tracts 1 & 7 eligible.)
Online Catalog
Payment Information
10% Buyer’s Premium Fee. Sealed Bid Offers must be received by Tuesday, July 11 at 4 pm CT with a completed Sealed Bid Form. In addition, Tracts 1 & 7 must be accompanied by a $20,000 earnest money deposit and Tracts 2-6 must be accompanied by a $5,000 earnest money deposit (cashier’s check or wire). Bids must be sent via a traceable courier to Maas Companies Inc at 6923 10 Ave SW, Rochester, MN 55902 or emailed to: maas@maascompanies.com.
Sealed Bids are binding and nonrevocable.
All bids subject to Seller acceptance on or before Wednesday, July 12. Upon acceptance of bid an additional (earnest money) deposit is due for Tracts 1 & 7 within 48 hours bringing the total monies in escrow to 20% of the purchase price. Balance due at closing within 30 days. Tracts 2-6 remaining funds due and payable immediately upon acceptance of bid by seller via cash, wire transfer (posting within 24 hours) or certified check. Deposit monies are earnest monies and non-refundable. Deposits of non-winning bidders will be returned immediately following the auction.
No equipment can be removed from the site without full payment. Sales tax may apply. Buyers with exemption status must document this AT OR BEFORE REGISTRATION. Removal, packaging, and transportation costs are the responsibility of buyer.
Attorney Dennis Merkley with Howard and Howard will oversee the closing.
Sealed Bids are binding and nonrevocable.
All bids subject to Seller acceptance on or before Wednesday, July 12. Upon acceptance of bid an additional (earnest money) deposit is due for Tracts 1 & 7 within 48 hours bringing the total monies in escrow to 20% of the purchase price. Balance due at closing within 30 days. Tracts 2-6 remaining funds due and payable immediately upon acceptance of bid by seller via cash, wire transfer (posting within 24 hours) or certified check. Deposit monies are earnest monies and non-refundable. Deposits of non-winning bidders will be returned immediately following the auction.
No equipment can be removed from the site without full payment. Sales tax may apply. Buyers with exemption status must document this AT OR BEFORE REGISTRATION. Removal, packaging, and transportation costs are the responsibility of buyer.
Attorney Dennis Merkley with Howard and Howard will oversee the closing.
Full Terms
Terms of Sale and Sale Transaction Subject to Owner Approval. Subject to Prior Sale. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. All sales are final. See Bidder Kit for complete terms.
LAND LEASE: The Facility is located on 31.90± Leased Acres. The 16 year ground lease began November 1, 2011 and terminates on the last day of January 2028, with six 5 year extensions. The current monthly lease payment is: $2,724.57, Taxes are approximately $24,000/year. NNN. See Lease for full details.
HEAT PURCHASE AGREEMENT: 6.75% of preceding year average cost per therm determined by the Ameren CIPS and published by the Citizens Utility Board, approx. $1,400/month. See Heat Purchase Agreement for full details.
EQUIPMENT REMOVAL INSURANCE REQUIREMENT: Due to the potential for damage caused by buyers during removal, all buyers/rigging companies will be required to have $2,000,000 of liability insurance with Waste Management of Illinois Inc. and Fortress Bank listed as additional insureds. Proof of insurance must be provided prior to arriving to the site for removal/disassembly. Buyers must make removal appointments within 48 hours of the auction. Buyers will have 21 days from end of auction to remove items; after this date, all remaining items are subject to forfeiture.
In all transactions, Auctioneer 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. Any announcement made/posted/published during the auction process takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision.
Maas Companies Inc # 444.000289
LAND LEASE: The Facility is located on 31.90± Leased Acres. The 16 year ground lease began November 1, 2011 and terminates on the last day of January 2028, with six 5 year extensions. The current monthly lease payment is: $2,724.57, Taxes are approximately $24,000/year. NNN. See Lease for full details.
HEAT PURCHASE AGREEMENT: 6.75% of preceding year average cost per therm determined by the Ameren CIPS and published by the Citizens Utility Board, approx. $1,400/month. See Heat Purchase Agreement for full details.
EQUIPMENT REMOVAL INSURANCE REQUIREMENT: Due to the potential for damage caused by buyers during removal, all buyers/rigging companies will be required to have $2,000,000 of liability insurance with Waste Management of Illinois Inc. and Fortress Bank listed as additional insureds. Proof of insurance must be provided prior to arriving to the site for removal/disassembly. Buyers must make removal appointments within 48 hours of the auction. Buyers will have 21 days from end of auction to remove items; after this date, all remaining items are subject to forfeiture.
In all transactions, Auctioneer 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. Any announcement made/posted/published during the auction process takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision.
Maas Companies Inc # 444.000289