Cold Storage Facility - Assiter Real Estate Auction
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Lot 1
Cold Storage Facility
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Cold Storage Facility
Viewing July 9th & July 17th 11AM-1PM
Cold Storage Facility

**Auction to be held OFF-Site at Assiter Facility, 16650 Interstate 27, Canyon, TX**

Move-in ready cold storage facility with office and a large fenced lot for easy maneuvering and storage.

Potential uses include: cold storage facility, general warehouse, distribution facility, machine shop, and perishable/non-perishable distributor. Property has controlled, gated access with a security fence and security cameras.

 The main facility is 39,853 sf, containing approximately 28,000 sf of cold storage space with room temperatures ranging from 31 to 38 degrees. The remainder of the space is either dry storage/warehouse, mechanical, or office.
The roof and and the rooftop refrigeration units were replaced in June of 2014 and are in good working order.
Ceiling heights range from 12.25' to 22.5' with LED lighting throughout. Contains 12 dock doors (most with seals and levelers) and 2 grade level doors.
Ample power with a 1,000 KVA transformer, 480 volt primary and 120/208 volt secondary.
Large gravel parking lot with drains to uphold the integrity of the lot during truck use.
Contains two outparcel buildings. (1) 2,100 sf drive-thru truck maintenance shop. (2) 720 sf dock high wash bay.

Sells subject to Owner Confirmation
Opening Bid: $100,000
Square Foot ±: 42673
Lot Size ±: 6.56
Year Built: 1976
Being Sold "AS-IS WHERE-IS" .
Ryan Rickles
(806) 584-8954
Buyer Fees
Sales Tax: 0%
Buyer's Premium: 10% Bidding

A buyer's premium is a percentage of the high bid that will be added to the high bid and become part of the purchase amount at settlement.

Bid Increments
Bid Increment: $5,000.00
Terms and Conditions


Closing is on or before September 6th, 2024


There will be a 10% buyer's premium ($2,500 minimum) added to the winning bid to calculate the contract price. 


An Earnest Money Deposit of 10% ($2,500 minimum) of the contract price is due immediately after the Auction by personal or company check for onsite bidders and by wire transfer for online bidders. The Real Estate Taxes will be prorated through the date of closing. The property is being sold "AS IS" and is NOT subject to financing, inspection or appraisal. Personal Property is not included in the auction. 


Contract Packages will be sent by e-mail to the successful high bidder at the end of the auction. Successful high bidder must execute, and fax, email or hand deliver the package back to Assiter Auctioneers within 24 hours of receipt. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee.


All information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being furnished to bidders for the bidder's convenience and it is the responsibility of the bidders to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold "AS IS" with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding. 


In all transactions, Assiter & Associates, LLC, Tommy R. Assiter II, Ryan Rickles, Lindsey Rickles and Lila Monden are acting as agents for the seller, not as buyer's agent.


Assiter & Associates, LLC dba Assiter Auctioneers fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Assiter Auctioneers reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. All items are subject to prior sale or removal from the auction.