Lethbridge High Roller - Lethbridge, ABView Parcels for Auction
Lethbridge High Roller - Lethbridge, AB Sold - AB
Sold on November 2, 2021
This irrigated quarter section is located just 6.5 miles southeast of Coaldale, Alberta, and 12 miles east of Lethbridge, in the heart of the agricultural gem that is Southern Alberta. With exceptional irrigation conditions, this area is known as some of the most productive and versatile farmland in Canada. Do not miss your opportunity to own this 120-acre parcel!
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As all farmers can agree, water at the right time is an imperative ingredient in the recipe for bumper crops and this makes irrigated farmland a game changer. ‘Lethbridge High Roller’ is a 120-acre irrigated quarter proudly offered for sale by the Taylor Family. The ability to turn on the water and watch the crop grow is a lot like sitting at the High Roller’s table in Las Vegas with a royal flush in hand – a serious return on investment but without the risk!
Agriculture has long been a centerpiece in the Southern Alberta economy. The exceptional irrigation conditions and availability of natural resources such as wind, sunlight and water enable the region to sustain one of the most productive and versatile farmlands in Canada, making it a desirable location for value-added agri-food processing. Combine these exceptional growing conditions with the 2020 announcement of Highway 3 being twinned from Taber to Burdett, and the economic advantage becomes even greater as markets to the east are more easily accessible.
‘Lethbridge High Roller’ is situated six and a half miles southeast of Coaldale, Alberta and less than seven and a half miles south of Highway 3, in the heart of Highway 3 corridor. In the early years, cattle companies located large ranching operations in the area to take advantage of the tall nutritional native grasses that grew in the fertile loam soils. Soon homesteaders moved to the area and as the sod turned over, fields of wheat flax, oats, rye and barley became a familiar sight. Now this corridor of farmland is home to Alberta’s largest row crop area, growing crops like sugar beets, potatoes and mint; owning a piece of this agricultural gem known as Southern Alberta is like hitting the jackpot.
‘Lethbridge High Roller’ is a 120-acre parcel that consists of 100 acres under irrigation and boasts a new pivot as of 2019. Chin Lakes is located just over 7 miles east of ‘Lethbridge High Roller’ and there is a major water canal that runs along the southern boundary of the property. There is an older Quonset with a cement floor in the yard as well as $800/year revenue from the power lines. The Indian Hills Golf Course, a challenging, tree lined, 9-hole course, is located just over a mile to the east of the property and is indicative of one of the many opportunities to enjoy the outdoors in this area. This is a piece of farmland that needs to be seen to be believed. Bet on this irrigated quarter and enjoy your payout percentage for years to come.
‘Lethbridge High Roller’ is being offered for sale by electronic tender by CLHbid.com. Check back for updates from time to time.