Major Grain Elevator Auction Announcement
Iron Horse Auction Co., Inc., based in Rockingham, North Carolina, is set to host an exclusive online auction showcasing a significant portfolio of commercial grain elevators. Starting from June 22 and running through June 29, this auction encompasses four operational grain storage facilities located in the fertile region of Eastern North Carolina, specifically within Wilson, Martin, and Bertie Counties.
With a staggering combined storage capacity of over 2.85 million bushels, this auction represents an exceptional opportunity for serious agricultural investors. The auction will give buyers the flexibility to bid on individual properties or the entire portfolio, maximizing investment potential.
Details of the Auction
The properties included in the auction are as follows:
- - LOT #1: 1701–1705 Cargill Avenue SE, Wilson, NC 27893
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Capacity: 194,000 Bushels
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Size: 6.09± Acres
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Status: Currently Operating as a Federal Warehouse
- - LOT #2: 1188 Cargill Road, Williamston, NC 27893
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Capacity: 1,255,104 Bushels
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Size: 44.75± Acres
- - LOT #3: 20815 NC Highway 125, Williamston, NC 27893
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Capacity: 188,000 Bushels
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Size: 35.30± Acres
- - LOT #4: 249 Governors Road (NC Hwy 308), Windsor, NC 27925
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Capacity: 217,500 Bushels
Each of these facilities offers significant income-generating potential and is strategically located to support the agricultural activities in one of the most productive areas in the state.
Unique Opportunity
Steve Cooney, a professional auctioneer with Iron Horse Auction Co., emphasized the uniqueness of this auction, stating, "This is an exceptional opportunity to acquire operating grain elevator assets in Eastern North Carolina. Whether you are looking to purchase a single facility or the entire portfolio, this auction offers something for every serious agricultural investor."
Auction Timeline
The auction is set to commence on June 22 at 8 AM and will conclude on June 29 at 2 PM. Interested bidders can participate online, providing a convenient way to engage with the auction process from anywhere.
For More Information
For potential bidders seeking more detailed information regarding this auction's sale process or bidding instructions, they are invited to visit the official
Iron Horse Auction website or contact them directly at 800-997-2248.
This auction not only presents a chance to invest in valuable agricultural assets but also marks a significant event for the local economy, supporting the continued growth and sustainability of farming in the region.
Conclusion
As the date for the auction approaches, farmers, investors, and stakeholders in the agricultural community should be sure to prepare. This is a not-to-miss opportunity to secure operations that will play a crucial role in the agricultural landscape of North Carolina. Keep an eye on the auction page for updates and ensure your participation in this exceptional event!
In conclusion, the upcoming grain elevator portfolio auction by Iron Horse Auction Co., Inc. is a landmark opportunity for investors interested in expanding their agricultural operations. Mark your calendars and get ready to bid as this auction approaches!