RE/MAX Lloydminster

We are pleased to present the following lands in the County of Vermilion River located approximately one-half mile south of the junction of Highway 16 and secondary Highway 893, , for sale as two separate parcels:

Parcel One: 

NW 20-50-4-W4: ALT 158 titled acres. CVR profile designates 138 as cultivated with balance pasture and yardsite. Soil Final Rating of the cultivated portion ranges from 44 to 62. CVR FAV is $27,860. 2024 property taxes $1,565.72 Access is from Highway 893 on the east boundary or an improved road on the north boundary. Mature yardsite with older two-bedroom, one bathroom home, approximately 864 sq ft on concrete basement. Archrib shop, 32’ x 48’, gravel floor, unheated. Two car detached garage. Barn, metal clad with corrals, and watering bowl. Utility building.  Viewing of home will be available from 2 to 4 PM, October 16. Please contact the listing agent to register.  

SW 20-50-4-W4:ALT 158.44 titled acres. CVR profile designates 129 as cultivated, with balance pasture. Soil Final Rating ranges from 43 to 64. CVR FAV is $28,330. 2024 property taxes $642.73  Access is from Highway 893 on the east boundary.

Parcel Two: 

NW 17-50-4-W4: ALT 160.00 titled acres.  CVR profile designates all as pasture acres. Soil Final Rating is 19.  CVR FAV is $10,210.  2024 property taxes $231.65. Access is through NE 17. Perimeter is fenced on west, north and east boundaries. 

NE 17-50-4-W4: All that portion lying south and west of the secondary road #893.  ALT 75.46 titled acres. CVR profile designates 27 as cultivated with balance pasture. Soil Final Rating 40 (cultivated portion); 16 (pasture). CVR FAV is $6,230.  2023 property taxes $141.35. Access is from Hwy 893 along the east boundary.  The perimeter is fenced on west, east, and south boundaries. 

https://www.google.com/maps/place/53%C2%B019'04.6%22N+110%C2%B033'35.7%22W/@53.317954,-110.559919,83193m/data=!3m1!1e3!4m4!3m3!8m2!3d53.317954!4d-110.559919?entry=ttu&g_ep=EgoyMDI0MDkxNi4wIKXMDSoASAFQAw%3D%3D

Tender Participation Details:

Initial offers must be submitted by Noon MST, Tuesday November 12, 2024. For additional details or inquiries, contact Grant or Vern with The McClelland Group, RE/MAX of Lloydminster, (780) 808-2700 or email grant.m@progressivetender.com 

Progressive Tender Steps:

Step 1: Submit Bid Document

• Download the Bid Document from the www.nupartender.ca website, pick up a copy at the RE/MAX office, or ask for one to be emailed to you.
• Fill out the required details. Buyers must be GST registrants and provide a GST number at completion.
• Obtain a bank draft or certified cheque for $20,000 made payable to "RE/MAX of Lloydminster in Trust."
• Place both items in a sealed envelope and label it “Nupar Tender."
• Deliver the envelope to RE/MAX of Lloydminster at 5726 –44th Street, Lloydminster, AB T9V 0B6 by Noon MST, Tuesday November 12, 2024. Attention: McClelland Group.

Step 2: Round Table Activity

• After the initial offers are opened,  the Broker will contact each Bidder and inform them of the amount of the      highest bid. Bidders will have until noon the following business day to submit a revised offer by phone, email, or text if they wish.

Step 3: Final Offer

• This "round table" process continues for each parcel daily until every Bidder declares their Final Offer.
• If a Bidder doesn’t respond within the time limit or increase their bid by a minimum amount of 2% over the previous round's highest offer, their last bid will automatically be declared as their Final Offer. 
• Matching bids during progression rounds are discouraged.

Step 4: Confidentiality 

• All Bidder names are kept confidential and only revealed to the Seller with the bid history when the progression rounds conclude. Bidder names and bid history are the sole possession of the Seller.

Step 5: Finalizing Purchase

• The Seller reserves the right to reject any or all offers, engage in further negotiations on price or terms, and may award the sale of the subject property to the buyer of their choice.
• The successful Bidder must complete a Purchase Contract with the Broker within two business days of      acceptance; a draft of which is available on the website.
• Deposit is to be increased to 5% of sale price upon removal of conditions.
• Proposed completion date is January 8, 2025 unless otherwise agreed.

Step 6: Diligence Activity, Legal and Accounting Costs

• Property is sold “as is”. Bidders are encouraged to conduct their own diligence including appraisal for value, survey / real property, water quality and quantity, or other reports. 
• Each party is responsible for their own legal and accounting costs. There is no buyer transaction fee.

Step 7: Notification

• All Bidders will be notified about the outcome once a Purchase Contract is completed between the successful Buyer and Seller. Deposits from unsuccessful Bidders will be released in a timely manner by the Broker once the Purchase Contract is in place.

The McClelland Group, Agricultural and Commercial Specialists with RE/MAX of Lloydminster, offers a full range of consulting services, land valuation, leasing, and real estate marketing to clients across Alberta and Saskatchewan. Call us today and start the conversation!

Grant McClelland – Direct (780) 871-4221 Email: grant.m@progressivetender.com

Vern McClelland - Direct (306) 821-0611 Email: vernmcclelland@remax.net