476 Magnum Express

Sold on November 25, 2022
from 4:00 PM to 4:00 PM UTC

location
Silver Valley, AB
Sale Size
1 Parcel, null
Starting Bid
$610,000

476 acres selling as one Parcel with the option to lease an additional 120 acres near Silver Valley, Alberta. Currently being used for ranching, the land has been under cultivation in the past, and is ready to answer the call from its new owner. When the work is done enjoy the land as a hunters paradise. The Starting Bid is set well below recent sales in the area.

Sale Details

476magnumexpress-1-1
1 / 1

$610,000 Starting Bid

near Silver Valley, AB

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Documents To Review

Sale Description

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Click the following links to view the specific details in the Offer to Purchase and the Farm Lease.

Ranchers, hunters, and farmers meet on the doorstep of ‘476 Magnum Express.’  Hunters know that the Silver Valley area in the County of Saddle Hills, Alberta, offers excellent elk hunting.  They may also recognize the 476 Magnum as the largest, single-action Colt army revolver ever produced.  Not to be confused, ‘476 Magnum Express’ is referring to the 476 acres of fertile farmland in the Peace Country. 

 

‘476 Magnum Express’ is currently being used for ranching; however, it has been under cultivation in the past.  These 476 acres will undoubtedly interest farmers looking to expand their cropland base at $22 Canola.  SE-24 is a quarter section of land that is well known as an elk calving ground within the treed area.  Buy your own deeded hunting ground and never ask for permission to hunt on someone else’s land again.  Thanksgiving dinner may never taste the same again with elk tenderloin and goose breast harvested off your very own land.  If you've been known to take a bit of heat over the money you spend on hunting, ‘476 Magnum Express’ offers the perfect solution after calculating the math on the annual revenue from leasing out the arable land, plus the average appreciation in farmland over the past 20 years: your private hunting ground could pay for itself.  It doesn't get any better.

 

At today’s brome, timothy and fescue prices, farmers from townships away may consider seeding ‘476 Magnum Express’ down to grass seed and then making the trek to spray and harvest once a year.  This is sure to be a rewarding exercise in what we know as Grass Country.  The buyer of ‘476 Magnum Express’ will have the option to lease an additional 120 acres of adjoining land below market value for the next five years.  The leased area includes a livestock handling system available for use for cattle ranchers, making this a particularly attractive option.  The Lessee shall be responsible to maintain all improvements, including the cattle handling system and the existing fence.  The Lessee shall not be entitled to add improvements or convert the fence for use other than cattle without the Owner’s permission.  Breach of any term of the lease will result in termination of the lease.  With a starting bid well below what area land has sold for recently, and at a mere fraction of what this same land would sell for in Central-Eastern Alberta, (where they don't get the rainfall of Silver Valley), this is genuinely one to scope out in advance. 

 

‘476 Magnum Express’ is being offered for sale via online electronic tender by CLHbid.com.   Check the website for updates from time to time. 

 

Viewing of Property: The property may be viewed by interested registered bidders.  Please contact us by email at info@clhbid.com for an appointment.


476 Magnum Express is being offered for sale via online escalating tender by CLHbid.com. Check the website for updates from time to time. The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment. As a law firm, CLHbid never discloses bidder's names to any party, including the Seller. Only the successful buyer's name is ever disclosed to the Seller as part of the closing process.

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