Lincoln Road

Sold on March 30, 2021
from 3:00 PM to 3:00 PM UTC

Location
Gull Lake, AB
Sale Size
2 Parcels
Final
$1.39M - $1.47M

Don';t miss this opportunity! 2 quarter sections just 4 miles east of Gull Lake, Alberta in Ponoka County. Land rich in number 2 soil, Surface Lease Revenue on Parcel 1, and paved frontage bordering two sides of each quarter. See Parcel Details for the Starting Bids.

Available Parcels

Map of Lincoln Road
Parcel Name Parcel 1Parcel Size 158 ± AcresFinal $1,390,000View Details & Offer
Parcel Name Parcel 2Parcel Size Final $1,470,000View Details & Offer

Sale Description

‘Lincoln Road Select’, two quarter sections selling in Ponoka County, is a sale to take notice of.  Arguably some of most fertile land in Western Canada that offer virtually an entire mile of paved frontage bordering the west side of Lincoln Road, also known as Alberta Secondary Highway 792.  Yes, it does get better.  Paved frontage also splits the quarters going east-west. 

[https://clhbidstorage.blob.core.windows.net/documents/Auctions/20fe14c4-a6e4-4b20-2c97-08d8a77c45cd/TinyMCEPictures/bae2e2fc-16b6-426a-983c-7900c4042d1c.jpg]With rich top soil in an area well-known for ample rainfall, the quarters produce lush green crops which, in the end, offer up a high conversion to Canadian greenbacks.  Land that delivers year after year.  Situated just eleven miles west of the QE 2 corridor, a geographic corridor known for being a sweet spot in Alberta Agriculture for both production and proximity to markets.  Either quarter will work 24/7 for its new owner, even while that new owner may be taking time off on a hot summer day to relax at Gull Lake, just 4 miles to the west, or at the world-famous Ponoka Stampede, 15 miles to the northeast on the July 1st long weekend.  

Parcel 1 is the most northerly quarter of the two and has over 135 acres of arable land.  In 2020 the quarter was seeded down to a mix of barley and canola.  Don't mind those few acres taken out of cultivation in the south-east corner as they will add a substantial sum to the owners' bank account as Surface Lease Revenue on an annual basis.  The annual deposit equals the interest earned on several hundred thousand dollars of term deposit at today's bank rates. 

[https://clhbidstorage.blob.core.windows.net/documents/Auctions/20fe14c4-a6e4-4b20-2c97-08d8a77c45cd/TinyMCEPictures/8fc5f769-a895-4e1f-b3fb-76d568f009c4.jpg]Parcel 2, the most southerly quarter, is made up of approximately 130 arable acres in total.  The paved access on both the east and north side of the quarter make farming the northerly 30 acres north of the creek seamless.  Year-round water in the creek offers livestock opportunities for that mixed farming operation.  

Investing in these quarter sections will provide passive income from the SLR plus revenue from the on-farm production, all while allowing the land to appreciate year after year.  Finding another two twin-quarters made up of number 2 soil, with each having a mile of paved frontage, will take you on quite a journey.  Quarters like this just don't often come up for sale in a lifetime.  

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

‘Lincoln Road Select’ will be offered for sale by online electronic tender by CLHbid.com.  Check the website for updates from time to time.

SLR Details:  Parcel 1


Lincoln Road 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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