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The Long Mile

Sold on August 19, 2021
from 3:00 PM to 3:00 PM UTC

location
Vegreville, AB
Sale Size
2 Parcels
Starting Bids
$190K - $690K

Two parcels bordering the Yellowhead Highway only 2.5 miles East of Vegreville, Alberta. With low starting bids and great curb appeal in an area known for quality farmland, you will not want to miss this opportunity.

Available Parcels

Map of The Long Mile
Parcel Name Parcel 1Parcel Size Starting Bid $690,000View Parcel
Parcel Name Parcel 2Parcel Size Starting Bid $190,000View Parcel

Sale Description

A mere two and a half miles east of the overpass entrance into the town of Vegreville, Alberta, you will find 'The Long Mile Vegreville' abutting Highway 16, the Yellowhead Highway.  With a grand total of over six thousand feet of highway frontage bordering the north perimeter of the Yellowhead, the two parcels combined make up an oversized mile.

The area was initially settled in the late 1800s by French-Canadian settlers immigrating from Kansas; the same US state known as the breadbasket of the United States.  Need we say more about the quality of the farmland in the Vegreville area itself?  

In addition to good soil, great crops also need water.  With peak precipitation in June and July each year, this location checks the box.  In total, an average of over 4 inches of rain falls during these two months – exactly when it is most advantageous in a 120-day growing season.

[https://clhbidstorage.blob.core.windows.net/documents/Auctions/772d74c2-325e-44b5-c40d-08d929d2f588/TinyMCEPictures/d1aad946-7bf8-4092-b3e4-05cabb5c1285.jpg]Parcel 1 consists of 307 acres, with a half-mile of highway frontage and a half-mile of CN rail trackage.  The North quarter of the Parcel is that picture-perfect quarter that can be farmed corner to corner.   Yet the Starting Bid for the two quarters that make up Parcel 1 is set at less than what single open quarters have sold for in the area.  As for the South quarter of the Parcel, some buyers may consider subdividing off the 45 acres south of the trackage that contains a mature building site.  The south quarter has a natural drainage run in the southeast portion that is well contained. 

[https://clhbidstorage.blob.core.windows.net/documents/Auctions/772d74c2-325e-44b5-c40d-08d929d2f588/TinyMCEPictures/eb2eacfa-d56d-4748-893d-eaf63ed88001.jpg]Parcel 2 is a subdivided parcel currently being carved out of the North half of Section 12.  The existing owners who live and farm south of Highway 16, a divided highway, are re-aligning their farm operations to avoid traffic across the major highway.   Parcel 2 offers up over a half-mile of highway frontage.  This is prime farmland situated in one of Alberta's key agricultural producing regions.  

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

If you're looking to invest in farmland situated on the doorstep of Vegreville and offering up both highway frontage and rail trackage, 'The Long Mile Vegreville' answers the call for Location, Location, Location.   'The Long Mile Vegreville' is being offered for sale by electronic tender by CLHbid.com.  Check the website for updates from time to time.


The Long Mile 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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