The Otto E. Lueking Jr. Estate is offering this diversified farm operation for sale with NO RESERVE via live auction with online bidding. 1,099.9± acres with 878.32± acres pivot irrigated under 6 pivots, 2,050.7± acres dryland, 469.69± acres grass, three rural residences, shops, bins, barns, cattle facilities. Seller to convey OWNER’S share of producing gas wells; growing wheat conveyed to buyer. Property is located 19-21± miles north east of Yuma, CO, 18-21± miles southwest of Holyoke, CO or 16-20± miles southeast of Haxtun, CO. Buyer to receive possession for the 2025 growing season.
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AUCTION PROCEDURE: The “OTTO E LUEKING JR ESTATE LAND AUCTION” is a land auction with NO RESERVE. The Lueking Estate property to be offered as a “MULTI PARCEL” Auction and will be offered in the sale order as stated within the brochure. Bids will be taken for total purchase price not price per acre.
TERMS: Upon the conclusion of the auction, the highest bidder(s) will enter into a contract for the amount of their bid and 15% of the purchase price is due as earnest money. Purchase contract will not be contingent upon financing.
CLOSING: Closing is on or before May 16, 2025. Closing to be conducted by Yuma County Abstract and the closing service fee to be split 50-50 between Seller and Buyer(s).
TITLE: Seller to pass title by Personal Representative’s Deed. Title Insurance to be used as evidence of marketable title and cost of the premium to be split 50-50 between Seller and Buyer(s).
WATER RIGHTS & EQUIPMENT: Seller to convey all water rights and equipment. Water rights and equipment are being sold AS IS-WHERE IS without warranty or guarantee of any water right matters, and pumping rates/adequacy of irrigation/domestic/livestock wells.
POSSESSION: Possession upon closing except for the following: 1.) Buyer(s) may enter onto property after auction and before closing to complete the necessary field work for 2025 crop season; 2. Possession of improvements on #13 & #14, 45 days after closing; 3. Seller reserves right to have equipment auction on #14.
PROPERTY CONDITION: The prospective Buyer(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller.
FSA DETERMINATION: FSA base acres and yields to pass with the Parcels, Combos, or Units as designated within the Due Diligence Packet.
REAL ESTATE TAXES: 2025 real estate taxes, RRWCD, & WYGWD assessments due in 2026, and thereafter, to be paid by Buyer(s).
LEGAL DESCRIPTION/EXEMPTION: Legal descriptions are subject to existing fence/field boundaries or land-use trades, if any. If a parcel and/or combo is split and a survey is required, Seller to provide and pay for said survey.
MINERALS: Seller to convey all OWNED mineral rights to Buyer(s).
GROWING CROPS: Seller to convey all growing wheat crop to the Buyer(s).
ACREAGES: All stated acreages are approximate and are obtained from the FSA office and/or county tax records. No warranty is expressed or implied as to exact acreages of property. All bids are for the total parcel without regard to exact acreage.
BIDDER REQUIREMENTS: To register to bid, Buyer(s), prior to the auction, must review and accept the Due Diligence Packet with the full auction terms and conditions, property descriptions, pertinent information, title commitments, and sample contracts. Due Diligence Packet may be obtained by visiting auction property page at reckagri.com, or by calling Reck Agri Realty & Auction. Bidding via cell phone, internet, and/or bidding on someone’s behalf, must be approved by Reck Agri Realty & Auction 24 hours prior to auction.
ANNOUNCEMENTS: The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Reck Agri Realty & Auction and the Seller assume no responsibility for the omissions, corrections, or withdrawals. The location maps are not intended as a survey and are for general location purposes only. Reck Agri Realty & Auction and all other agents of Broker are or will be acting as a Transaction Broker. Reck Agri Realty & Auction does not offer broker participation for this auction. Reck Agri Realty & Auction reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidding increments are at the discretion of the Broker.
Announcements made by Reck Agri Realty & Auction at the time of the auction will take precedence over any previously printed material or other oral statements.
NOTICE TO PROSPECTIVE BUYER(S): The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Reck Agri Realty & Auction and the Seller assumes no responsibility for the omissions, corrections, or withdrawals. The location and aerial maps are not intended as a survey and are for general location purposes only. The prospective Buyer(s) should verify all information contained herein. All prospective buyers are urged to fully inspect the property, its condition and to rely on their own conclusions. All equipment and improvements are to be sold AS IS-WHERE IS, without warranty, representation, or recourse to Seller.
