Selling Online May 15, 2024 - 320 Acres - Albright, Ab

Not on MLS®

$190,000

For Sale: Land in Albright, AB

Listing Details

Permitted uses:

• Agricultural
• Pasture/Ranch

Description

Albright Duo - 320 Acres For Sale - Albright, AB Selling Online Wednesday, May 15, 2024 at 9:00am MDT The Price listed is the Starting Bid for Parcel 1. See Website for Details & Starting Bids. https://www.clhbid.com/auctions/albright-duo/ Situated just 3.5 miles SW of Albright, Alberta, and a half-mile south of paved Hwy 671, ‘Albright Duo’ is made up of 2 quarters positioned across the road from each other selling as 2 Parcels. Buy ‘Albright Duo’ and subdivide off an acreage to create that perfect homesite, then do the math on what you have left into the quarter. With a combined starting bid of $400,000, it is easy to recognize that acreages close to Beaverlodge and Hythe could knock a big hole in the initial price. Parcel 1 has a total of 160 acres, and the arable acres on the eastern half of the quarter could be increased in short order; one must only view the quarter immediately to the north to see what some drainage work can do. Water is said to be a good servant but a poor master. Become the master of Parcel 1 and imagine the potential of increased drainage as well as secondary usage of a large holding pond along the westerly quadrant. Given the intensive agriculture and high-value crops in northern Alberta, irrigation is now on the table, even though it was never a consideration in the past. With the low starting bid on Parcel 1 the new owner can be assured that they will only pay for acres that are ready for immediate use. Parcel 2 is comprised of 160 acres with an opportunity to increase the number of arable acres with ease. Over 45 acres are currently arable, and the balance has been logged in the past and could become highly fertile farmland ready for cropping in 2025. Walk this quarter and you will see the trees were left for no other reason than just because and has nothing to do with the topography itself; this is the dream fixer upper quarter of land. Do the math on what this quarter is worth if it were completely cropped in a couple years. There are several great building spots present on Parcel 2 as well. The Surface Lease Revenue will add a nice annual bump to your bottom line too. Situated less than 6 miles from Hythe and Beaverlodge, ‘Albright Duo’ offers the peace and quiet of secluded rural living for your family with the benefit of major urban amenities, including schools and hospitals, just minutes away. If you can look past the few blemishes on Parcels 1 and 2 and focus on what a hoe, dozer and tiller can do, ‘Albright Duo’ could very likely be the buy of 2024 in the County of Grande Prairie. The impressive Surface Lease Revenue that comes with both Parcels is an added bonus. ‘Albright Duo’ is being offered for sale via online escalating 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 Albright, AB T0H 2C0

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