Smoky Lake OriginalView Parcels for Auction
Smoky Lake Original For Sale - AB
Selling on Thursday, September 15, 2022 at 9:00 AM MDT
Quarter section for sale 16 miles east of Smoky Lake, AB; featuring great drainage, there is an excellent opportunity to triple the cultivated acres in short order. With its low starting bid, this quarter is waiting for a new owner to uncover its potential. Starting Bid: $210,000.
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‘Smoky Lake Original’ is located sixteen miles east of the town of Smoky Lake, Alberta, and remains one of the few premier quarters left in its original state in the entire area. One-third of the quarter has been made arable; however, the remaining two-thirds have not been brought under cultivation for no good reason other than the current owners have decided to leave it as is. Nevertheless, it is evident when reviewing the Alberta Provincial Soil Classification Map that there are significant opportunities waiting for the new owner of ‘Smoky Lake Original.’ Similar to areas like Fort Saskatchewan or Vermilion, this quarter boasts a soil classification comparable to some of the best farmland in the province. Potential bidders will realize that spending a few hundred dollars an acre to bring the remaining two-thirds of ‘Smoky Lake Original’ into production could likely result in the quarter being worth thousands of dollars more per acre upon completion. Across the fences to the north, west, and south, cultivated land is abundant.
As you have probably heard, it costs just as much to fertilize poor land as good land, yet the results are often quite different. The same holds true when bringing virgin land under cultivation – the cost is the same whether the soil is a number two (please check the Alberta Government Soil Map), as it is here, or number three or four, as it is in many parts of the province. ‘Smoky Lake Original’ has the potential to be that big oilseed or pulse crop producer, with its highly fertile soil and good, easterly drainage. Situated just two miles south of Highway 28, and six miles southwest of Vilna, this quarter is in an area well known for abundant rainfall. For investors looking to park money in farmland during these uncertain times, ‘Smoky Lake Original’ is akin to that fixer-upper in the City: with some vision and work, there is opportunity for significant returns in a short amount of time.
‘Smoky Lake Original’ is being offered for sale via electronic tender by CLHbid.com. Please check the website for updates from time to time.