long-running-auction

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Cross Heritage Farm

Sold on July 6, 2021
from 4:00 PM to 4:00 PM UTC

Location
Vermilion, AB
Sale Size
8 Parcels, 1 En Bloc
Final
$400K - $1.77M

Whether you are a farmer or investor, take note of these 13 quarters, northeast of Vermilion, Alberta. For nearly a century they have set the benchmark for farms in Western Canada. Whether it was producing world class Hereford genetics, aggregate for the twinning of Highway 16 or bumper cereal and oilseed crops - this is the land that delivers.

Available Parcels

Map of Cross Heritage Farm
Parcel Name Parcel 1Parcel Size 319 ± AcresFinal $1,770,000View Details & Offer
Parcel Name Parcel 2Parcel Size 160 ± AcresFinal $860,000View Details & Offer
Parcel Name Parcel 3Parcel Size 159 ± AcresFinal $790,000View Details & Offer
Parcel Name Parcel 4Parcel Size 160 ± AcresFinal $690,000View Details & Offer
Parcel Name Parcel 5Parcel Size 476 ± AcresFinal $980,000View Details & Offer
Parcel Name Parcel 6Parcel Size 161 ± AcresFinal $660,000View Details & Offer
Parcel Name Parcel 7Parcel Size 481 ± AcresFinal $790,000View Details & Offer
Parcel Name Parcel 8Parcel Size 151 ± AcresFinal $400,000View Details & Offer
En Bloc Name En BlocEn Bloc Size Final $300,000View En Bloc

Sale Description

Whether you’re a farmer or investor, you will want to take stock of these thirteen quarters located nine miles to the northeast of the town of Vermilion, Alberta.  Twelve of the quarters are contiguous thanks to a perfectly orchestrated plan of assemblage that Jack Cross set in motion a century ago.  Whether it was producing world-class Hereford genetics, aggregate for the twinning of Highway 16 or bumper cereal and oilseed crops, the ‘Cross Heritage Farm’ was for decades seen as that showcase master Western Canadian stock farm.  

Acutely aware that privilege is alive and legal when it comes to farm gate addresses, Mr. Cross knew where to set his sights upon graduating from Agriculture at the University of Alberta in 1923.  A century later, the area north of Vermilion and south of Clandonald is still viewed as one of the elite dryland farming areas in all of Canada.

Parcel 1 is an impeccable half section of agricultural real estate and will be offered for sale first.  A person would be hard-pressed to find a better half.  After making the turn with the air drill on the north end and engaging the GPS southbound, you will have a good eight minutes to calculate what this Parcel will add to your bottom line knowing a 20% increase in yield is likely to double or triple your profit margin.  Don't worry about paying for this half - it will pay for itself. (Note: the bins on Parcel 1 are not included in the sale).

Parcel 2 is the adjoining quarter to Parcel 1 and another exceptional parcel of farmland.  For decades, the focus of the Cross farm was purebred cattle, and a grain farmer may wish to convert more land to cultivated acres with a bit of work.  The quarter section has turned heads for years with those bumper crops along the north side of Township Road 520.  Farmers know their land better than anyone and why this quarter was, for the most part, always cultivated and seeded down to growing crops.

Parcel 3 is the sister to Parcel 2, just across the road to the south.  Fertile land high in organic matter is key to producing big crops; however, it is all for naught without water.  With the County of Vermilion River recording average annual rainfall of 18.5 inches, moisture is seldom an issue.  As the saying goes, 'just add water'.

Parcel 4 is the former home quarter of the ‘Cross Heritage Farm’ and where special memories were made.  The Parcel comes with a deep sentimental attachment containing the old farmstead site, which was the heart of the farm itself.  We ask the new owner to treat it with the respect it deserves.  Look after it, and it has a history of looking after you while asking for nothing back.  The quarter offers a great building spot with mature trees on the windward side for anyone looking for a home quarter.  More acres could come under production with little work. 

Parcel 5 is that half section just south of the home quarter on the west side of Range Road 53.  Again, grain farmers would be looking to increase cultivated acres, from the current 230 cultivated acres.  With a Starting Bid of well under $3,000.00 a cultivated acre, the starting bid is set at half of what other land has traded for nearby.  As a bonus, this Parcel has had significant Surface Lease Revenue.  Note: The annual SLR compensation payable is now eligible for review.

Parcel 6 is a half section that was always the pillar for summer pasturing for the Cross Hereford purebred herd, whose genetics were prized across Western Canada for decades.  This was during a time when mixed farming was the norm.  This is a half where good clean water is never an issue for livestock.  Investors will most surely look at the remaining aggregate potential of this half.  Although significant amounts of aggregate have already been removed, current economics relating to manufactured aggregate may warrant a further look.  Testing on specific terms will be allowed before the sale date.  Approximately fifteen acres are being added to the half-section, being that part of the SE of 34 lying north of the Vermilion River.  The Approved Proposed Subdivision with Conditions attached below.

Parcel 7 is made up of the three quarters lying south of the Vermilion River.  The landscape of these three quarters is likely to change substantially if purchased by a grain farmer.  A discerning view of current aerials shows the large number of additional acres that can be brought under production and, at current land prices, this technique is well known to make economic sense.  With a large existing active aggregate deposit located a mere 385 meters to the west of this Parcel, an astute bidder may find aggregate testing to be of interest as well.  The Surface Lease Revenue on this Parcel is an add on. The area north of the Vermilion River on the northwest corner of SE of 34 (approximately fifteen acres) is being subdivided out of the parcel. (Note: the bins on Parcel 7 are not included in the sale).

Parcel 8 makes up the baker’s dozen to the ‘Cross Heritage Farm’.  A quarter with a bit of everything, including the potential to be that picturesque home quarter only 5 miles north of the Yellowhead Highway.  Build your dream home above the north bank overlooking the Vermilion River.  Added bonus of Surface Lease Revenue on this parcel.

The family would like to honour Jack Cross and keep intact his legacy of assemblage.  With this, Parcels 1-5 will be offered for sale 'en bloc' as one complete Parcel after the conclusion of bidding on all Parcels.  Prior high bidders will be entitled to bid 'en bloc’ if they meet the ‘en bloc’ bidding requirements (see below). 

Large connecting parcels of high-quality farmland like this just don't come up for sale often.  Don’t miss this opportunity to add significant economies of scale to your farming operation. 

Please review the Purchase Agreements in the Parcel Details sections to see the specifics of the offers for each parcel and the 'en bloc'.

The ‘Cross Family Heritage Farm’ will be offered for sale by online electronic tender by CLHbid.com.  Check the website for updates from time to time. 

Proposed Subdivision and Conditions: Approved Proposed Subdivision and Conditions

En Bloc Details:  Click to View 

SLR Details:  Parcel 5    Parcel 7    Parcel 8

 


Cross Heritage Farm 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.

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