Silos at Milo

Sold on July 6, 2022
from 3:00 PM to 3:00 PM UTC

Location
Milo, AB
Sale Size
2 Parcels
Final
$410K - $440K

Check out this half section selling as 2 Parcels in Vulcan County, just 6 miles North East of Milo, AB. With huge passive income, these 320 acres are going to continue to appreciate for any new buyer.

Available Parcels

Map of Silos at Milo
Parcel Name Parcel 1Parcel Size 160 ± AcresFinal $440,000View Details & Offer
Parcel Name Parcel 2Parcel Size 160 ± AcresFinal $410,000View Details & Offer

Sale Description

Click here for directions to Parcel 1 and Parcel 2.

Please click here to view the Surface Lease Revenue for both Parcels.

Please click here to view the specific details in the Offer to Purchase for Parcel 1 and Parcel 2.

Midway between the major centres of High River and Brooks, Alberta, you will find three hundred and twenty acres of expansive farmland ready to go to work for its new owner.  ‘Silos at Milo’ is a half section of land that offers up four distinct silos regarding returns on future investment.  Recurring annual option payments from a possible solar park, significant surface lease revenue from well sites, and lease payments from crop rent continuously auger into three distinct silos, with ongoing annual appreciation in value for farmland in Western Canada filling the fourth.  Could it get any better?  

No one knows better than local farmers how soil quality can vary within a Township, Section or even a Quarter Section; expensive inputs cost the same per acre whether applied to good land or marginal land.  Potential buyers will note that ‘Silos at Milo’ sits on Class 3 soil under the provincial land classification, with Class 5 ground only a short distance away to both the east and west.  The soil quality for both Parcels is as good as it gets in the area.  PARCEL 1 has the added benefit of having been in grass until first cropped in 2021.  The land has experienced good husbandry in the past and is ready to work 24/7 for its new owner. 

Each Parcel receives an annual option payment of $1,000.00 relating to a potential lease for a solar farm.  The option expires on December 1st, 2023, unless it is terminated earlier.  The high bidder of either Parcel will be allowed the opportunity to terminate the option for both Parcels before closing if they wish.  If the option remains and is exercised, the solar farm lease revenue would be $400.00 per acre on a minimum of 160 acres over the two Parcels.  In addition to the option payment, Surface Lease Revenue on both Parcels is over $9,000.00 per annum.  Investors looking to inflation-proof themselves in today's world economy will no doubt like what they see on the calculator when doing their due diligence for ‘Silos at Milo.’  Whether you’re a farmer looking to expand or an investor looking for significant passive income while diversifying your portfolio, ‘Silos at Milo’ will not disappoint.  

‘Silos at Milo’ is being offered for sale via electronic tender by CLHbid.com.  Please 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.


Silos at Milo 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.

Proven Results

from satisfied buyers

Frequently Asked Questions

Ready to Expand?

Create Account

CLHbid Makes Bidding Simple

The absolute transparency of this innovative format is a huge benefit to all parties involved. Bidders bid from the privacy of their own home on a set day.

The sale starts and finishes in a matter of hours and the time will extend if bids are placed in the last two minutes of the sale. As confidentiality and honesty are paramount to us, bidders names are never released.

Learn More

Upcoming Sales

View from above of High Barr Plateau

High Barr Plateau

Jul 24, 2024 at 4:00 PM UTC

Fort St John, BC nearby
$4,100,000 starting bid
1 Parcel, 5,665 ± Acres for sale
View from above of Star Alignment

Star Alignment

Jul 25, 2024 at 3:00 PM UTC

Two Hills, AB nearby
$440,000 starting bid
1 Parcel, 160 ± Acres for sale
View from above of Calmar First Class

Calmar First Class

Aug 6, 2024 at 3:00 PM UTC

Leduc, AB nearby
$690,000 starting bid
1 Parcel, 160 ± Acres for sale
View from above of Irvine Bovine

Irvine Bovine

Aug 8, 2024 at 3:00 PM UTC

Irvine, AB nearby
$610,000 starting bid
1 Parcel, 473 ± Acres for sale