Sale FormatTimed Online AuctionClosed Sale StatusClosedForeclosureOnline Auction of Equipment & Real Estate of Former Major CBD ProcessorDate & TimeTue, Aug 10 at 11:00am (ET) LocationCadiz, KY More InfoRegister & View Items

Date & Time

Tue, Aug 10 at 11:00am (ET)

Inspection

Mon, Aug 9 from 10am to 4pm (ET)
**By Appointment Only**

Removal

Wed – Wed, Aug 11 – 18 from 9am to 5pm (ET)
**By Appointment Only**

Location

Cadiz, KY

Other

Real Estate Information

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Please review the following and download the General Terms of Sale here to confirm the responsibilities you are agreeing to upon participating in this sale.   TERMS AT-A-GLANCE   DEPOSITS: We will authorize your credit card for $300 as an Auction Registration deposit, and reserve the right to increase the deposit to equal 25% of your total high bids. This authorization will place a 3-7 day hold on these funds with your credit card company, but will not be charged unless purchases are made.   If you are a NON-US resident, you will be asked to submit a wire deposit prior to the auction in order to finalize your registration approval. Please contact our office at (805) 497-4999 for further assistance.   All deposits made by wire transfer or firm and personal check accompanied with a bank letter of guarantee will be returned within 7 days unless purchases are made.   PAYMENT DEADLINE: All payments are due by 12 pm the day after the auction closes.   PAYMENT FORMS: Credit cards on file will be charged (up to $10,000) upon the completion of the sale. You may pay by wire transfer by (a) notifying Tiger prior to the close of auction, AND (b) submitting payment in time for Tiger to receive it no later than 12pm the day following the auction.   Buyer is responsible for any bank charges incurred for processing wire transfers (Please note that it is common for your bank as well as intermediate banks to charge a fee).   PURCHASES OVER $10,000: Balances in excess of $10,000 must be settled by wire transfer received by Tiger no later than 12pm the day following the auction.   BUYERS’ PREMIUM: An 18% Buyer’s Premium will be added to the price of each item.   SALES TAX: All Taxes are applied at the end of the auction unless a reseller has notified Tiger prior to the close of auction and qualifies for sales tax exemption. A buyer’s failure to qualify for exemption does not waive its obligations to complete its purchase per the terms of sale.   REMOVAL: All buyers are responsible to remove their items during the posted checkout times. To minimize wait time, all buyers are asked to schedule an appointment. Buyers are also responsible to bring their own crews, packing materials, material handling equipment & etc. for removal. Buyers requiring shipping or moving assistance can refer to our list of 3rd party shippers.   ALL SALES ARE FINAL: All items are sold “as-is, where-is” with no guarantees or representations. All Sales Are Final. Buyers are recommended to inspect items before they bid.   ALL ITEMS SUBJECT TO PRIOR SALE Auctioneer has the right to add or delete lots for the sale at any time as well as to cancel the sale entirely or sell in bulk.

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  STEP 1 – REGISTER Click the “Register & View Items” links above to sign in/sign up for the sale via BidSpotter. You must provide a credit card, which will be authorized for $300 to secure your bids; Please note that your card must have sufficient credit to be authorized for 25% of your purchases as you continue to bid. If you plan on spending more than $10,000 please contact the Auctioneer prior to the auction to ensure no bidding interruption.   If you are a NON-US resident, you will be asked to submit a wire deposit prior to the auction in order to finalize your registration approval. Please contact our office at (805) 497-4999 for further assistance.   All deposits made by wire transfer or firm and personal check accompanied with a bank letter of guarantee will be returned within 7 days unless purchases are made.   STEP 2 – VIEW ITEMS • Click on the “Register & View Items” link above to browse the auction catalog on BidSpotter. • Click on any lot to see the full lot description/pictures of each item.   STEP 3 – BID Enter a maximum of what you are willing to pay in the “Max bid USD” box and hit the ‘Bid” button. • The system will start your bid at the lowest available increment and bid for you. Important Bidding Notes: • Items will close at a rate of 2-4 items every minute (varies by auction). • An item’s closing time will extend by 5 minutes when bidding occurs within the last 5 minutes of its scheduled closing.   STEP 4 – PAY Credit Cards on file will be charged at the end of the Sale (up to $10,000) plus an 18% buyers premium and Sales Tax unless you are purchasing for resale and have completed and returned a resale certificate before the conclusion of the auction. Balances in excess of $10,000 must be settled by wire transfer received by Tiger by 12:00 pm the day following the auction.   Buyer is responsible for any bank charges incurred for processing wire transfers (Please note that it is common for your bank as well as intermediate banks to charge a fee).   STEP 5 – PICKUP You are responsible to remove your items during the posted checkout times. If you are purchasing from out of the area, you may send a 3rd party shipping company to remove your items. Bring your own crews, packing materials, material handling equipment, etc. for removal. Appointments are mandatory. Be sure to email your preferred pickup time within the posted schedule after you have won your last auction item.

Sale Details

 

PROCESSING
• Vulcan Drying System Consisting of Portable Drying Feed System with Horizontal Feed Conveyor and Stationary Direct Fired Rotary Dryer, Minimum of 13.29 MMBtu Natural Gas Combustion Air Fan Burner and Fuel Train Auxiliary Infiltration Air Blower, Solids Discharge System with Counter-Weighted Gravity Operated Flap Gate on Dryer Discharge Breaching Particulate Control Unit, Approx. 30,000 cfm Cyclone with Rotary Airlock Approx. 30,000 cfm Induced Draft Fan Ductwork Connecting Rotary Dryer to Cyclone and Blower, Integration Consisting of Instruments, Piping, Pipe Supports, Wiring and Cable Support with Controls and Control Panel, Purchased New for Approx. $500,000*
• Tuffman Rotary Trommel, M/N- 310 Trommel, with Control Panel and Conveyor
• Hi-Cap Counter Rotating Dual Screen Grain Cleaner with Platform
• Batco Field Loader Conveyor, M/N- BCX2-1539TDFL, 15 Inch Belt, 39 Foot Length, Capacity-10,000 BPH
• Orkel High Capacity Compactor Baler, M/N- MP2000
• Wheatheart Grain Auger, M/N- WHR 10-31
• Valmetal Tub Grinder/Bale Processor, M/N- Bale P
• Hi-Cap Counter Rotating Dual Screen Grain Cleaner
• IEC-Thermo Industrial High Efficiency Multi-Phase Hemp Drying System, Consisting of Oven, Cyclone, Buoyancy Drying Chamber & Duct Work

 

LAB
• (4) 2019 Precision Extractions Solutions Automated Solvent Evaporator, M/N- ASE100, S/N- 7168-14, 100 Liters/Hour with ASE 100 Hose Kits, *Purchased New for Approximately  $800,000*
• 2019 Shimadzu High Performance Liquid Chromograph, M/N-LC-2030C Plus
• 2019 UIC Short Path Distillation Plant
• 2018 Eden Labs Ethanol Extraction System
• Thermo Scientific Recirculating Chiller
• Cascade Sciences Forced Air Decarb Oven
• Lab Stirrers, Moisture Analyzers and Centrifuges

 

FACILITY
• Kaeser Rotary Screw Air Compressor, M/N- CS120, 100 HP
• Kaesar Refrigerated Compressed Air Dryer, M/N- KRD 800
• Quincy Rotary Screw Air Compressor, M/N- QSI-245, 50 H.P.
• Sylvan Industries Inc. Vertical Compressed Air Tank
• Summit Industrial Products Inc. CondePhase Plus 80 Oil/Water Separator, M/N- CPF016, Walk-in Freezer

 

MATERIAL HANDLING
• 2019 Merlo Telehandler, M/N- TF30.9-115, Capacity- 6,600 lbs
• 2019 Merlo Telehandler, M/N- TF30.9-115, Capacity- 6,600 lbs.
• Delta Tandem Flatbed Gooseneck Trailer, 8 Foot X 20 Foot with Super Ramp
• Yale and Clark Walk Behind Electric Forklifts

 

REAL ESTATE INFORMATION (TO BE SOLD BY TRANZON)

• Formerly Utilized as Hemp Processing Facility
• 86,500 +/- SF Industrial Facility on 14.5 +/- Acres
• Recently Appraised at $1,600,000
• Extensive Renovations and Upgrades in 2018/2019
• Value Add Opportunity with Ample Room for Future Expansion
• Zoned Light Industrial (I-1) – Wide Variety of Commercial & Industrial Uses
• Centrally Located Between Hopkinsville, KY, Ft. Campbell, KY and Land Between the Lakes National Recreation Area
• Tremendous Access to I-24 and Short Drive to Clarksville, TN

 

Click here for more information on the Real Estate.

Logistics

Email Tiger

Terms & Conditions

Brochure

Additional Info

Automated Solvent Evaporators, Hemp Analyzers, Lab Equipment, Vulcan & IEC – Thermo Industrial Drying Systems & Material Handling

Sale Partner

 

Location:

 

134 Roger Thomas Rd., Cadiz, KY 42211

 

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Click on the links below to download PDF form(s):

 

Wire Instructions

 

Bank Letter of Guarantee

 

Insurance Requirements

 

Rigger Acknowledgement

 

3rd Party Shippers/Riggers

 

Agent Release

 

Reseller Exemption

 

Financing Option Available