Bankruptcy Auction - Ind/Office Bldg on 19.174 +/- Acres

Auction on 04/09/2019 @ 4:00 PM EST
Auction Type: online

Description

Bankruptcy Auction - Ind/Office Bldg on 19.174 +/- Acres
 
Ordered by the U.S. Bankruptcy Court, Southern District of Texas.  Property & Equipment are ready for wholesale nursery operations. Ideal for other light industrial or residential use. Real Estate is selling separately from the Personal Property. Bid on the Personal Property as a package. We are not taking individual bids on the Personal Property. Bids are subject to the approval of the Bankruptcy Trustee, Secured Creditor and the U.S. Bankruptcy Court. If a package bid for the Personal Property is not accepted then a subsequent auction will occur in which all of the Personal Property will sell individually to the highest bidder.
 
DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!! 
 
United States Bankruptcy Court, Southern District of Texas, Houston Division, Case No. 18-36501-7
6,200 SF Light Industrial/Office Facility, Built in 2007 - 2016
Approx. 19.1748 AC’s or 835,254.29 SF of land
665’ Road frontage on Brumlow
Zoning: None
Flood Hazard: Zone “X"
Building Type: Light Industrial/Office
Foundation: Concrete Slab on Grade
Framing: Steel Frame
Exterior Walls: Metal Siding
Roof: Metal
Stories: 2
Floors: Concrete
Walls: Open Steel Frame
Ceiling: Open Steel Frame
Lighting: Incandescent
HVAC: Central in Upstairs Office
Overhead Doors: (1) Approx. 10’x10’
Parking: Approx. Crushed Rock
2.3 Miles to Highway 290
Market Area: Property is located in the extraterritorial jurisdiction of Hempstead in Waller County. The city’s population as of 2015 was estimated at 6,148. Waller County’s population as of 2015 was 47,376, which reflects a 3.2% increase from 2010. The area where the property is located is rural in nature. The neighborhood is bounded by FM 1736 to the north, FM 362 to the east, FM 529 to the south, and Brazos river to the west.
The city of Hempstead is located at the junctions of U.S. Highway 290, Texas State Highway 6 and Texas State Highway 159. Hempstead is approximately 50 miles northwest of downtown Houston. Hempstead is the county seat for Waller County.
Personal Property from Operations Includes:
Greenhouses
Visser CNC Potting Machine & Conveyor
Pickup Truck, (4) Box Trucks, Product Trailer, Travel Trailer, Forklift
Dollies, Carts
Water Sprayers
Diesel Tank
Air Compressors
Misc. PVC supplies, Greenhouse Parts, Planters and other supplies
Office Furniture, Fixtures & Equipment
 
Tranzon Asset Advisors Texas LLC TX Broker #9008058, Kelly D. Toney, TX Auctioneer #11818

Tranzon Asset Advisors of Texas, LLC #9008058
10% Buyer's Premium and other terms apply.

Online Auction bidding ends April 9th at 2:00 CT

Property Address 35830 Brumlow Road, Hempstead, Texas 77445

Contact Kelly Toney at 713-816-1123 or ktoney@tranzon.com 

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