NW & SW 35-50-4-4

NONE Rural Vermilion River, County of T0B 0X0

$700,000 is the starting price / minimum opening offer for the NW & SW 35-50-4-W4 to be sold by Progressive Tender® with all initial offers opened Noon, Tuesday July 22, 2025. This parcel of land is comprised of 236 titled acres and located on Highway #16 eight miles west of Kitscoty in the County of Vermilion River. CVR Farmland Calculation Report indicates a potential of 212 cultivated acres, however the tenant reports 200 is currently being cropped. Actual acres under cultivation each year may vary with weather conditions and agronomic practice. Combined 2024 CVR assessment is $22,500 for the NW 35 and $16,960 for the SW 35. 2025 crop is canola on the NW with peas on the SW. Lease contract on land is in place until October 31, 2026 with semi-annual payments of $8,500 due April 15 and October 31. Property comes with a 40’ x 60’ structure, started in 2022, of which 40’ x 40’ is shop space plus 20’ x 40’ living quarters. Metal exterior, concrete floor, large bi-fold door, infloor boiler heat plus forced air, water well, septic system, and power. Propane tank is rented. Proposed possession date is September 1, 2025 unless otherwise agreed with fall rent accruing to incoming owner. All surface leases currently registered on title have been remediated resulting in no further revenue forthcoming. Contact Listing Office for a detailed information package, website address with photos, and mandatory offer requirements. Viewing on shop by appointment.