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Selling Online August 3, 2022 - 226 Acres - Gibbons, Ab

For Sale: Land in Gibbons, AB

Listing Details

Permitted uses:

• Agricultural

Description

Gibbons Gambit- 226 Acres For Sale- Gibbons, AB Selling Online Wednesday, August 3, 2022 at 9:00am MDT The Price listed is the Starting Bid for Parcel 3. See Website for Starting Bids for each parcel: https://www.clhbid.com/auctions/GibbonsGambit Often in business, the decision one makes today will contribute to tomorrow’s success. Much like the game of chess, the ideal move is not always crystal clear as the path to winning takes different routes. ‘Gibbons Gambit’ is the opening move towards an advantageous investment with less risk than the ever-moving stock market. Comprised of three titles and offering just over two hundred and twenty-five acres in total, ‘Gibbons Gambit’ is located within forty minutes of the City of Edmonton and is in the epicenter of the action. Less than 10 miles north of Gibbons, and less than 20 miles northwest of Fort Saskatchewan, these Parcels are located in a large economic corridor in Western Canada known for bountiful farmland, great jobs, and substantial industrial infrastructure that contributes to Alberta’s economy. PARCEL 1 is a 73-acre Parcel that is situated less than one mile off the blacktop and has access off the northern and western boundaries. Heads-up to potential developers: Aspen Ridge and Fernwood Estates are located directly east of this parcel, showcasing the potential demand in the area for acreages within proximity to the city. Planting canola may be noteworthy in consideration of current commodity prices, especially with cultivated land touching this 73-acre Parcel. The land is currently in hay production, offers a fair sized dugout, and a solid, mature shelter belt on the east side, which proves a scenic backdrop and privacy from the adjacent subdivision. With significant annual Surface Lease Revenue of around $5,000, this Parcel boasts a serious return on investment, especially when taking into consideration the low starting bid of $3,000 per acre. PARCEL 2 is an 83 acre Parcel with Township Road 575A on the northern boundary and is located just one and a half miles from pavement. Parcel 2 is currently in hay production and has a small dugout and some perimeter fencing. This parcel has approximately $4,000 dollars of annual Surface Lease Revenue, the perfect supplement to help with a mortgage, with the additional opportunity to rent out the land to a local farmer and enjoy rental income. As an added bonus on sale day, the high bidder on Parcel 2 will have the option to purchase an additional 2.47 acre acreage on the northeast corner for $35,000. PARCEL 3 is made up of 69 acres and is located on the west side of the same quarter as Parcel 2. Currently in hay production, with minor improvements this Parcel could be converted into cropland. It is well situated at the end of a quiet road for the buyer looking for an oversized acreage or weekend retreat. As an added bonus on sale day, the high bidder on Parcel 3 will have the option to purchase an additional 2.47 acre acreage on the northeast corner for $35,000. Mark your calendars to bid on these three Parcels with two great acreage options and significant Surface Lease Revenue on August 3, 2022. 'Gibbons Gambit' is being offered for sale via electronic tender by CLHbid.com. Please check the website for updates from time to time.

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Location & nearby

This listing is located in Gibbons, AB T0A