Barrhead Big Options

Sold on April 15, 2021
from 3:00 PM to 3:00 PM UTC

location
Barrhead, AB
Sale Size
1 Parcel, null
Starting Bid
$460,000

2 quarters of prime farmland in the County of Barrhead, Alberta being sold as one parcel. Plenty of options with this investment and a Starting Bid that can';t be beat. Pick the option that works for you! Starting Bid: $460,000.

Sale Details

barrheadbigoptions-1-1
1 / 14

$460,000 Starting Bid

near Barrhead, AB

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Sale Description

‘Barrhead Big Options’ is three hundred and sixteen acres located 16 miles south-west of Barrhead, 12 miles north of divided highway 43 at Cherhill and less than an hour drive to Spruce Grove.  

Options, options and more options.  You will want to start your due diligence by examining the Alberta soil classification to see the production capabilities of the Parcel.  In an area well known for ranching and mixed farming, the uppermost soil classification for this half section will surely ignite the interest of grain farmers as well.  That real south western gem tucked in the south west corner of Barrhead County itself.

With 270 acres of number 2 soil under cultivation, the options that come with the land are unlimited.  Grain, oilseeds, silage or hay – the door is open for whatever might augment your existing operation.  With a Starting Bid of under $1,750.00 per cultivated acre, this may well be some of the most economical high-quality parcels of farmland currently offered for sale within an hour of the greater Edmonton.  Cropland with a similar soil classification to the north in the same County can be seen listed for multiples of the Starting Bid.

‘Barrhead Big Options’ is two separately titled quarter sections, however, will be sold as one Parcel.  The buyer will have the option of registering each quarter under different names if they so choose.  More titles mean added opportunities and corresponding added value.  Did we mention a possible 3rd title that is in the hopper?  The high bidder will have the option of registering a Plan of Subdivision for a generous 24-acre estate severed by the natural watercourse in the SW corner of the half-section.  With three separate land titles on your desk, you may need a short refresher course in Statistics to consider all your options, while at the same time using a fully charged calculator to add up the potential financial lift of multiple titles.  Options include building on the estate parcel and selling off the remaining 250 acres of cultivated land, retaining all three parcels as is, or perhaps selling off the 24-acre estate parcel and realize substantial instant cashback to apply against the initial purchase price.   

Please review the Purchase Agreement in the Parcel Details section to see the specifics of the offer.

‘Barrhead Big Options’ will be offered for sale by online electronic tender by CLHbid.com.  Check the website for updates from time to time.

Optional Tentative Plan for Subdivision Possibility for Successful Bidder:   Click to view

  


Barrhead Big Options 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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