Oklahoma Transportation Department to auction downtown land
Two Oklahoma City properties near downtown are set to be auctioned off by the Oklahoma Department of Transportation.
One parcel is a 1.66-acre lot at the southeast corner of Lincoln and Sheridan, near the edge of Bricktown and along Interstate 235. Its minimum bid has been set at $2,172,350.
The second is a 3.88-acre parcel at the southwest corner of Walnut and NE 21, near the state Capitol, with a minimum bid set at $603,864. Both are part of a set of six properties to be auctioned Aug. 16, with a seventh to be sold in September.
“As highway needs change, not every piece of property remains necessary to serve the department's needs,” agency Transportation Manager Frank V. Roesler III said. “The department is committed to returning surplus property to the property rolls for homeowners and businesses to develop, which benefits their local communities.”
The auction will take place at 1:30 p.m. at the agency's headquarters, 200 NE 21. Properties will be sold via sealed bid. Properties for sale are listed on the ODOT website, where bidders can download a bid packet. Packets can also be mailed.
Bids must be accompanied by a certified check or money order for 10 percent of the submitted bid. Checks and money orders of unsuccessful bidders are returned by mail.
Other properties to be auctioned Aug. 16 include:
• A 9.25-acre parcel in Rogers County at the northwest corner of E Pine and N 193 E Ave, near Catoosa. The minimum starting bid will be $241,758.
• A 1.47-acre parcel in Pontotoc County at the northwest corner of E 32 and State Highway 99, near Ada. The minimum starting bid will be $29,500.
• A 10.39-acre parcel in Pottawatomie County one-half mile east of the Interstate 40 and SH 102 interchange, near McLoud and Shawnee. The minimum starting bid will be $18,350.
• A 0.27-acre plot in Woodward County at the northeast corner of the SH 50 and U.S. 412 intersection in Mooreland. The minimum starting bid will be $23,500.
On Sept. 20, a 1.1 acre parcel in Muskogee County at the southwest corner of U.S. 62/SH 10 and S Scott Road., between Fort Gibson and Muskogee will be auctioned.