ONLINE REAL ESTATE AUCTION
Commercial Real Estate - Cooper County Medical Park

Seller: Cooper County

Bidding Closes Wednesday, February 23rd, 2022 at 2p.m. CST

This will be an online only auction; however, if you are uncomfortable with the online platform we are happy to set up absentee bids for you. Please contact us if you would like to bid on an item(s) or if you need assistance registering and bidding online.

Online bidding is NOW Available. Click the link below to start bidding




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5,450 square foot commercial building situated on 1.01 acres m/l located at 600 Rankin Mill Lane in Boonville, Missouri. The building was built in 2000. It has a sizable paved parking lot and circle drive with a covered front entrance. The interior is currently set up as a medical treatment facility.

Currently leased to Dialysis Clinic, Inc until September 19th, 2025. Current lease agreement generates $6500/month in revenue. Dialysis Clinic, Inc has been the tenant for the past 22 years. (see Memorandum of Lease)

Recent improvements in the last 4 years include a new HVAC system and re-paving of parking lot. A list of suggested facility improvements can be found in the tab below (see Architect Inspection). This inspection was conducted independently by the owners for informational purposes and was not done at the request of the current tenants.

Ideally situated just off I-70 in central Missouri. Boonville is a thriving rural community located only 25 miles from Columbia. To learn more about Boonville go to www.boonvillemo.org.

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Real Estate Terms
The sellers are motivated to sell but reserve the right to accept the final bid. The Cooper County Commissioners will meet on the Thursday following the close of the auction bidding to determine if they will accept the bid at which time the successful bidder will be notified.

BUYER’S PREMIUM: A 6% buyer’s premium will be added to the purchase price to determine the actual selling price.

DOWN PAYMENT: The buyer will provide a $25,000 non-refundable down payment upon signing the contract for the sale of real estate within 24 hours of the acceptance of the final bid. Acceptable forms of payment include a personal check with bank letter or certified funds. The remaining balance will be due at closing in 35 days or less. Please note, successful bidding at the auction is not contingent on personal financing. Please have your finances in order prior to bidding on the property to ensure you are capable of paying the balance at closing.

TITLE: Seller shall convey a Warranty Deed to the buyer for examination and pay for title insurance.

POSESSION: Possession of the real estate shall be delivered to the buyer at the time of closing.

CLOSING: Closing will be conducted at Boonville Abstract & Title Co located in Boonville, MO on or before March 30th, 2022 or at other set time and place in which both parties agree.

Disclaimer: The property is being sold “as is, where is.” and no warranty, either expressed or implied, concerning the property is made by either the sellers or the auction company. Each bidder is responsible for conducting his/her own independent inspections or investigations concerning the property and the auction. Information provided is believed to be correct to the best of the auctioneer’s knowledge but is subject to inspection and verification by all parties relying on it. All information provided by the auction company is subject to the terms and conditions of the sale outline in the contract for sale of real estate. All decisions of the auctioneer are final. The sellers and the auction company reserve the right to preclude anyone from bidding if there is a question as to the person’s credentials, fitness, intent, etc.

Terms: Cash or valid check with proper ID. Not responsible for accident, theft or errors in advertising, statements made day of auction take precedence over ads and printed material

Cody Martin (660)-888-3460           Teresa Martin (660)-888-9518         Terry Quinlan (660)-888-9493