Parcel 1 - Sound Investor
Selling on July 5, 2023
from 7:00 PM to 8:00 PM UTC
$890,000 Starting Bid
for 104.25 Acres near Red Deer, AB
With open farmland ten miles west of the 32nd Street interchange on the QEII Highway recently selling for more than $10,000 per acre, you might question the low starting bid on this Parcel. If you do, the short answer is: ‘Sound Investor’ is a generational property, and no one is getting any younger. The time has come to pull the trigger and sell, and it is priced for precisely that. ‘Sound Investor’ is seeded to Canola, and the new buyer will take possession after the 2023 harvest. There is currently a very preliminary discussion with Red Deer County relating to a realignment of the paved road bordering the western boundary of ‘Sound Investor;’ however, the current owners have deferred all such discussions to the new buyer. This realignment could create the possibility of early development potential with smaller, cut-off parcels of property. Of course, the realignment of the new road could be decades away. If you want to invest in farmland now with incredible potential for future development, why not invest in farmland on the doorstep of a vibrant city with a population of over 100,000 people?
Sound Investor 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 firstname.lastname@example.org 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.
Legal Land Descriptions