ELMO & DOYLE NEIMAN CO.(CO) LAND AUCTION - Online Bidding Procedure, Terms & Parcel Details

Sep 16, 2026

ELMO & DOYLE NEIMAN CO.(CO) land auction in Phillips & Yuma Counties, Colorado offers a highly productive mix of pivot irrigated and dryland acres across five parcels. Online bidding is held only on February 10, 2026, with a soft-close at 12:00 noon MT and bidding extended while bids continue. Bidders must be approved after reviewing due diligence terms and providing verification of funds or loan approval, with 15% earnest money due and closing on or before March 13, 2026.

LanguageEnglish

CategoryResumes

FormatPDF

Pages6

Reading Time2 min

AccessFree to download

Online Bidding Procedure

Bidder Requirements

Auction Terms

Closing and Title

Possession and Property Condition

Water Rights & Equipment

Parcel Descriptions

ELMO & DOYLE NEIMAN CO.(CO) LAND AUCTION PHILLIPS & YUMA COUNTIES, COLORADO Tues, February 10, 2026 Bidding Opens 8:00 am MT “Soft” Closes at 12:00 pm (noon) PHILLIPS & YUMA COUNTIES, CO 880± TOTAL ACRES Exceptional opportunity to invest in highly productive pivot irrigated & dryland. For More Information: Marc Reck, Broker [marcreck@reckagri.com](marcreck@reckagri.com)[ ](marcreck@reckagri.com)Ben Gardiner, Broker Assoc. [bgardiner@reckagri.com](bgardiner@reckagri.com) Oﬃce 970.522.7770 Toll Free 800.748.2589 [reckagri.com](reckagri.com) Location Map & Auction Terms ONLINE BIDDING PROCEDURE: The Elmo & Doyle Neiman Co. (CO) property will be offered for sale in 5 parcels. BIDDING WILL BE ONLINE ONLY on February 10, 2026. Bidding will open @ 8:00 am MT and will “soft close” @ 12:00 noon, MT. Bidding remains open as long as there is continued bidding on any of the parcels. Bidding will close when 5 minutes have passed with no new bids. Bidders may bid at any time before bidding closes. To bid at the online auction: 1.) Download RECK AGRI MOBILE APP through the Apple App Store or Google Play OR visit [reckagri.com](reckagri.com) and click on the ELMO & DOYLE NEIMAN COMPANY (CO) LAND AUCTION property page to register to bid. 2.) Your registration must be approved by Reck Agri Realty & Auction before you may bid. See Bidder Requirements below. 3.) If you have questions regarding the bidding process and/or registration, call Reck Agri Realty & Auction at 970-522-7770. BIDDER REQUIREMENTS: Requirements for Buyer(s) to be approved to bid online: 1.) Review and agree to the terms and conditions of the Due Diligence Packet; 2.) Provide Reck Agri Realty & Auction verification of available funds to purchase the property and/or bank loan approval letter with no contingencies, if requested by broker. TERMS: Upon conclusion of the auction, the highest bidder(s) will enter into a contract for the amount of the bid, 15% of the purchase price is due as earnest money, to be deposited with Reck Agri Realty & Auction. Purchase contract will not be contingent upon financing. Sample contract is available within the Due Diligence Packet. CLOSING: Closing is on or before March 13, 2026. Closing to be conducted by Phillips County Abstract. Closing service fee to be split 50- 50 between Seller and Buyer(s). TITLE: Seller to pass title by Warranty Deed. Title Insurance to be used as evidence of marketable title and cost of the premium to be split 50-50 between Seller and Buyer(s). POSSESSION: Possession upon closing subject to lease on growing wheat crop. PROPERTY CONDITION: All prospective Buyer(s) should verify all information contained herein and are urged to fully inspect the property, its condition, and to rely on their own conclusions. The property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller. GROWING CROPS: Landlord share of growing wheat on Parcels \#3 & \#4 tobe conveyed to Buyer(s). WATER RIGHTS & EQUIPMENT: Seller to convey all water rights and equipment. Water rights and equipment are being sold AS IS-WHERE IS without warranty or guarantee of any water right matters, and pumping rates/adequacy of irrigation and or domestic/livestock wells. FSA DETERMINATION: FSA base acres and yields to pass with the property as designated within the Due Diligence Packet. Buyer(s) and Seller, at closing, to sign a memorandum of understanding stating the base acres and yields. REAL ESTATE TAXES: 2026 real estate taxes, RRWCD, FGWD, and WYGWD assessments payable in 2027 to be paid by Buyer(s) . LEGAL DESCRIPTION: Legal descriptions are subject to existing fence/field boundaries or land-use trades, if any. MINERALS: No minerals included, previously reserved. ACREAGES: All stated acreages are approximate and are obtained from the FSA office and/or county tax records. No warranty is expressed or implied as to exact acreages of property. All bids are for the total parc

FAQs

How does online bidding work for this auction?

Bidding is online only on February 10, 2026. It opens at 8:00 am MT and soft closes at 12:00 noon MT, with bidding staying open while there is continued bidding and closing after 5 minutes with no new bids.

What are the bidder requirements to be approved?

Bidders must review and agree to the terms and conditions of the Due Diligence Packet. They must also provide verification of available funds or, if requested, a bank loan approval letter with no contingencies.

What happens after the auction, including earnest money and contract terms?

After the auction concludes, the highest bidder(s) enter into a contract for the bid amount, with 15% of the purchase price due as earnest money deposited with Reck Agri Realty & Auction. The purchase contract is not contingent upon financing.

Sep 16, 2026

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