Parcel 1 - Dynamic River Duo
Sold on February 29, 2024
from 4:00 PM to 5:00 PM UTC
Parcel Description
Parcel 1 is comprised of 156 acres and is located 2.5 miles north of Rimbey, Alberta, and includes excellent access with Hwy 20 forming the eastern boundary. With a gentle slope to the north, the topography lends to early seeding in the spring. There are currently no subdivisions to maneuver around, and Parcel 1offers approximately 108 acres under cultivation, with an opportunity to subdivide in the future if the new owner so chooses. The remaining acres that are not currently under cultivation have the potential for increased production with some drainage work towards the river. The new owner of Parcel 1 will receive more than $5,000 in existing annual Surface Lease Revenue. In addition to this, they will reap the benefits of the new surface lease agreement (dated December 15, 2023) with Discovery Resources Ltd. including the first-year compensation, temporary workspace, and a pipeline right of way that is expected to be paid out in 2024. The Blindman River is directly accessible where it meanders across the northwest corner of Parcel 1 and provides a prime ecosystem for farming. The Blindman River measures 155 km in total length and flows through agricultural land before pouring into the Red Deer River. The new owner of this Parcel will have the added benefit of the existing campsite in the northwest corner. The mature spruce shelter belt is rare, and this peaceful and private retreat presents a fun location that is sure to create some lasting memories.
Contact CLHbid
Dynamic River Duo 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.