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SEALED BID REAL ESTATE AND EQUIPMENT AUCTION: Surplus to the Ongoing Operations of CHS, Inc. Grain / Ethanol Transload Facility, Mt. Olive, MS

Auction Info

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AUCTION INFORMATION

Seller: CHS, Inc. Collins Bioenergy, LLC
Sale Method: Sealed Bid Auction
Property Address: 4556 Hwy 49 North, Mt. Olive, MS 39119
Bid Deadline and Inspection Details: To be announced

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SEALED BID REAL ESTATE AND EQUIPMENT AUCTION: Surplus to the Ongoing Operations of CHS, Inc. Grain / Ethanol Transload Facility, Mt. Olive, MS

CHS, Inc. Collins Bioenergy, LLC

Grain Elevator & Ethanol Rail Transload Facility

4556 Hwy 49 North, Mt. Olive, MS 39119

Maas Companies is pleased to present the Collins terminal property for sale by sealed bid auction. The approximately 154-acre site combines a concrete grain elevator with an ethanol rail transload facility, truck loading infrastructure, and an approximately 7,400-foot rail loop. The property also has multiple current leases generating significant revenue which would give the new owner immediate income.

PROPERTY HIGHLIGHTS

  • Approximately 154 acres along Highway 49 North
  • Concrete grain elevator with 722,000 bushels of stated overall capacity
  • Grain receiving system rated at approximately 50,000 bushels per hour; shipping system rated at approximately 15,000 bushels per hour
  • Approximately 7,400-foot rail loop and 25-car spur used for the ethanol transload terminal
  • Six biofuel storage tanks, including tanks used for ethanol service
  • Three-lane truck loading rack and 22 railcar unloading spots
  • Currently generating income with multiple leases in place.
  • Assumable lease/buy-out of Shuttle Wagon railcar mover
  • 1,350 square foot office adjacent to grain facility

GRAIN ELEVATOR & STORAGE

The concrete slipform elevator was built by Todd & Sargent in 2002 and placed online in 2003. The following individual bin capacity calculations are approximate:

Storage

Approximate capacity

Notes

Bin 1

169,344 bushels

 
Bin 2

169,344 bushels

 
Bin 3

45,161 bushels

Interstice
Bin 4

171,166 bushels

 
Bin 5

171,166 bushels

 
Bin 11

8,598 bushels

 
Bin 12

9,324 bushels

 

ETHANOL TRANSLOAD EQUIPMENT & FEATURES

Storage and tank farm: Six biofuel storage tanks, including ethanol service; tank level instrumentation; high- and low-level alarms; automatic shutdown systems; and associated tank fittings, valves, vents, and piping.

Truck loading: Three-lane loading rack; three centrifugal truck loading pumps rated at approximately 450 gallons per minute; three 20 HP pump motors; three truck rack micro-load metering systems; and automatic shutoff systems on the loading lanes.

Rail unloading: Rail pump offload skid; two Blackmer positive displacement unloading pumps rated at approximately 750 gallons per minute; two 15 HP rail pump motors; automatic shutoff systems; and 22 railcar spots with hoses and fittings.

Transfer and controls: Tank farm-to-truck loadout skid; variable frequency drives for truck and rail pumps; WiDAM pneumatic actuators for automated valve control; and electrical and control systems supporting pump speed control and loading and unloading automation. The biodiesel lane has an inactive AccuLoad metering system.

Site security: Security gate and perimeter fencing.

EXISTING AGREEMENTS

Multiple current leases generate significant revenue for the site. Full commercial terms will be available to qualified parties subject to a signed nondisclosure agreement through CHS, Inc.

AUCTION INFORMATION

Seller: CHS, Inc. Collins Bioenergy, LLC
Sale Method: Sealed Bid Auction
Property Address: 4556 Hwy 49 North, Mt. Olive, MS 39119
Bid Deadline and Inspection Details: To be announced

Contact Tyler Maas with Maas Companies at 507-285-1444 for property materials, inspection arrangements, and sealed bid instructions. Ron Kirby, Vice President, Maas Companies Inc, MS Auction LIC#A-811. Sale is in conjunction with Scott Lindsey, United Country Southern States Realty, MS Broker LIC#B-21155.

All measurements, capacities, equipment descriptions, and commercial information are subject to the sale documents and buyer verification.

Full terms will be posting soon. 6% Buyer Premium.

Contact Tyler Maas with Maas Companies at 507-285-1444 for property materials, inspection arrangements, and sealed bid instructions. Ron Kirby, Vice President, Maas Companies Inc, MS Auction LIC#A-811. Sale is in conjunction with Scott Lindsey, United Country Southern States Realty, MS Broker LIC#B-21155.

1% Broker Participation.

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