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  1. Home
  2. Legals
  3. Public Notices

NOTICE OF SALE OF STATE-OWNED REAL ESTATE The State of Oklahoma ex rel. Commissioners of the Land Office (CLO) shall offer for sale at public auction the following described real estate located in Oklahoma County. Said public auction shall be held Wednesday, March 18, 2026, at 10:00 AM at “The Meeting Room” located in Shartel Plaza, 5117 N. Shartel Avenue, Oklahoma City, Oklahoma and subject to the following terms and conditions: Real Estate Description: COMMENCING AT THE NE CORNER OF THE NE/4 OF SEC. 36, TOWNSHIP 14N, RANGE 4W, THENCE S89°45’55”W A DISTANCE OF 49.94 FEET, THENCE S0°14’05”E A DISTANCE OF 50.00 FEET TO THE POINT OF BEGINNING; THENCE S0°12’03”E A DISTANCE OF 696.18 FEET; THENCE S89°33’18”W A DISTANCE OF 187.67 FEET; THENCE N0°15’58”W A DISTANCE OF 152.69 FEET; THENCE N79°32’21”W A DISTANCE OF 486.46 FEET; THENCE N81°06’44”W A DISTANCE OF 2.03 FEET; THENCE N0°13’39”W A DISTANCE OF 453.57 FEET; THENCE N89°45’55”E A DISTANCE OF 668.12 FEET TO THE POINT OF BEGINNING. The following information is available upon request from the CLO: • ALTA Survey (Survey prepared January 21, 2021) • Oklahoma Corporation Commission documentation    regarding Case No. 064-3497 • Short Term Commercial Lease Contract No. 18894,    Lessee: Richard Tran, Term: 01/01/2023 to    12/31/2025 • Draft Sales Contract (to be executed by the winning    bidder at the conclusion of the public auction) Real Estate inspections/tours can be conducted by scheduling the inspection with the CLO in advance. No access will be allowed to the property without coordinating said access with CLO. The property is monitored and those entering the property without the approval of the CLO may be subject to trespass. All bidders are required to register at the auction before submitting a bid. Bidders may pre-register by contacting the CLO. The real estate cannot be sold for less than the appraised value and is subject to the rights of the current lessee (if any). All associated costs of sale including but not limited to the appraisal, survey, environmental reports, and advertising are to be paid by the purchaser and are in addition to the purchase price. The CLO reserves the right to reject all bids, and no bid is finally accepted until approved by the Commissioners. The real estate is sold “as is, where is” and is subject to all leases, easements, rights of way, and restrictions of record. Prospective bidders are advised to inspect the real estate before the sale. The CLO does not guarantee access, and all acres are approximate. The State of Oklahoma does not warrant title to the land. The State reserves and retains all minerals and water rights it may have, if any. The successful bidder shall remit no less than One Hundred Thousand Dollars ($100,000.00) at the time of sale. The balance of the purchase price is due at or before closing. The closing shall be set upon Commission approval of the sale, receipt of full payment for real estate and associated costs as well as compliance with notice of sale. Possession shall be delivered at closing which shall be no later than May 26, 2026, or an alternative date if agreed to by all parties. When all payments are received and all other terms of sale are met, the CLO will issue a patent to the real estate. If the successful bidder fails to pay the balance of the purchase price, associated costs, or fails to comply with the notice of sale, bidder shall forfeit all monies paid to CLO as liquidated damages. Minimum Bid at Auction: Three Million Eight Hundred Ninety Thousand Dollars ($3,890,000.00) Announcements and corrections at time of auction may supersede this notice. This notice is dated this 11th day of February, 2026.    Commissioners of the Land Office    State of Oklahoma    By: Dan Whitmarsh, Secretary For Additional Information, contact the CLO Commercial Real Estate Division at 405.521.4200.                    LPXLP 2/18, 2/24, 3/3, 3/10, 3/17/26 #12088496
Post Date: 02/18 12:00 AM
Refcode: #12088496 
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