Selling Online July 5, 2023 - 100 Acres - Red Deer, Ab

$890,000

For Sale: Land in Red Deer, AB

Listing Details

Permitted uses:

• Agricultural

Description

Sound Investor - 100 Acres For Sale- Red Deer, AB Selling Online Wednesday, July 5, 2023 at 1:00pm MDT The Price listed is the Starting Bid. See Website for Details: https://www.clhbid.com/auctions/SoundInvestor Situated less than 1.5 miles west of the main interchange on the QEII Highway and 32nd Street, in the City of Red Deer, you will find ‘Sound Investor’. Located immediately to the east of the Red Deer River, this 100+ acre Parcel is as good as it gets when considering fertile land. Check the provincial soil classification map along with degree growing days and overlay those with average annual precipitation, and you will quickly realize why Red Deer County is considered one of the prime farming areas in Western Canada. ‘Sound Investor’ is the poster child for the maxim Location, Location, Location; it is located a mere three minutes from Red Deer, and just four minutes from Westerner Park. ‘Sound Investor’ is the epitome of country living with the benefits of the amenities of the city next door. Already part of the Intermunicipal Collaboration Framework between the City of Red Deer and the County of Red Deer, buy now and consider yourself a ‘Sound Investor’ for decades to come. As an added bonus, enjoy over $3,600 per year in Surface Lease Payments for SLR on the land. With open farmland ten miles west of the 32nd Street interchange on the QEII Highway recently selling for more than $10,000 per acre, you might question the low starting bid on this Parcel. If you do, the short answer is: ‘Sound Investor’ is a generational property, and no one is getting any younger. The time has come to pull the trigger and sell, and it is priced for precisely that. ‘Sound Investor’ is seeded to winter wheat, and the new buyer will take possession after the 2023 harvest. There is currently a very preliminary discussion with Red Deer County relating to a realignment of the paved road bordering the western boundary of ‘Sound Investor;’ however, the current owners have deferred all such discussions to the new buyer. This realignment could create the possibility of early development potential with smaller, cut-off parcels of property. Of course, the realignment of the new road could be decades away. If you want to invest in farmland now with incredible potential for future development, why not invest in farmland on the doorstep of a vibrant city with a population of over 100,000 people? ‘Sound Investor’ is being sold via online escalating electronic tender by CLHbid.com. Please check the website for updates from time to time. Viewing of Property: The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment.

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Location & nearby

This listing is located in Red Deer, AB

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