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ONLINE ONLY AUCTION - 500K BU GRAIN STORAGE FACILITY
Listing ID#: 826152
| Sale Location |
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Underwood, IA 51576 |
| Sale Dates and Times |
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Bidding Starts: Monday Nov 17, 10:00 AM Bidding Ends: Friday Nov 21, 1:00 PM |
| Sale Type |
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 Online Auction
VIEW ONLINE CATALOG |
| Company Information |
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Spencer Auction Company Contact: Ed Spencer Phone: 712-644-2151 Email: edspencerrealestate@gmail.com Website: www.edspencerauctions.com EstateSale.com ID#: 12384 View company information and listings |
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| Listing Terms and Conditions |
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Larson Wonder Grain Facility - Underwood, Iowa
Sale Terms & Conditions Interested parties register and www.spencergroups.com and submit a bank letter of credit to the Spencer Groups office by contacting 712-644-2151. Method of Auction: Property will sell on a total dollar basis. Your bid is not subject to financing or any other contingencies. Seller has the right to accept or reject the final bid by 5pm on November 21st. If the final bid is accepted, buyer will place a 10% non-refundable earnest deposit in the Telpner Peterson Trust account, where it will be held until closing. Seller will provide an updated abstract. Buyer to provide a title opinion rendered by the attorney of the buyers choice, at the buyers expense. Each party will be responsible for normal closing costs associated with closing a real estate transaction. Agency: Spencer Groups, INC/Ed Spencer Real Estate/Farms America, INC is agents for, and represent the sellers in this transaction. All bidders shall be considered customers, not clients. Possession: Buyer will have immediate possession upon acceptance and deposit of earnest. Closing: Closing to be on or before December 19th, 2025. |
| File Attachments |
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 auction flyer
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| Listing Information |
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LOCATION
Just 1/8th Mile off L34 on 210th St, Underwood, IA
SUMMARY
Timed Online Auction of Larson Wonder 502,145 bushel grain facility located 210th St, Rural Underwood.
VIEWING
Open 11/2 and 11/9 from 1-3pm or By appointment by contacting Ed Spencer at 402-510-3276
DESCRIPTION
Larson Wonder Grain Facility Underwood Iowa 502,145bu facility with Scale House, Scale, Dryers, conveyors, fuel tank and more! 6.91 acres m/l (subject to final plat) Commercial grade grain handling site with supporting infrastructure. Scale House and Scale Grain Dryer- Propane heated unit to ensure crop conditioning and moisture control High volume grain storage across modern and legacy bins Fully equipped for active grain operations with dryer and weighing infrastructure. Ideal for producers, co-ops, or ag-sector investors seeking a strategic holding location. Bins are empty and available for immediate possession. Agency: Spencer Groups INC/Farms America, INC, Ed Spencer Real Estate are agents for, and represent the SELLERS in this transaction. All bidders shall be considered customers, not clients. Contact Ed Spencer, Broker for more information at 402-510-3276
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