Farmland & lease improvements for sale near Veteran, AB

This property to be sold by unreserved auction from Canada Real Estate Event December 12, 2023

11 Parcels:
1493+/- Title Acres
$98,800+/- Surface Lease Revenue
318+/- Acre Grazing Lease Improvement
159+/- Acre Cultivation Lease Improvement
AB/Special Area 4

Auction Information

This real estate will be sold on December 12, 2023, by unreserved public auction from the Ritchie Bros. Canada Real Estate Event. Every lot will be sold to the highest bidder on auction day, regardless of price.

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Directions to Property

From Veteran, AB go East 1.6 km (1 mile) to Hwy 884, then South 8.2 km (5.09 miles). Parcel 1 on East side.

GPS 51.9260019, -111.0893652

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Veteran, AB

Here is a chance to purchase approximately 1,493 title acres of farmland along with an additional 477 +/- acres of lease improvements (318 +/- grazing acres & 159 +/- cultivation acres). This real estate is located near Veteran, AB, and features over $98,880 in surface lease revenue. The property is being sold by Ritchie Bros. on behalf of John R. Gibson.

Parcel 1

Lot 2 Block 1 Plan 0411338 & N1/2 NW 16-34-08-W4 – 226.65+/- Title Acres – Home Parcel

226.65+/- Acres on Title, 50 ft x 30 ft barn with 50 ft x 24 ft lean-to, 40 ft x 20 ft shed with 14 ft x 12 ft addition, 50 ft x 40 ft shop, 8 ft x 10 ft overhead door, 20 ft x 14 ft sliding door, 96 ft x 48 ft cold storage building, (2) 24 ft x 14 ft sliding doors, power, natural gas, (2) water wells, 44+/- ac cult, balance corrals & pasture, partially fenced, dugout, Surface Lease Revenue $12,248, taxes $2422.29

Parcel 2

NW 21-34-08-W4 – 156.02+/- Title Acres – Farmland

pasture, fenced (2) sides, dugout, Surface Lease Revenue $13,036, taxes $174.82

Parcel 3

NE 21-34-08-W4 – 158.01+/- Title Acres – Farmland

pasture, fenced (2) sides, Surface Lease Revenue $7,300, taxes $173.53

Parcel 4

SE 20-34-08-W4 – 158+/- Title Acres – Farmland

pasture, fenced, dugout, taxes $204.73

Parcel 5

SE 21-34-08-W4 – 159+/- Title Acres – Farmland

95+/- ac cult, seeded to green feed, balance pasture, fenced, Surface Lease Revenue $20,658, taxes $179.85

Parcel 6

NW 12-34-09-W4 – 159+/- Title Acres – Farmland

pasture, fenced (3) sides, dugout, Surface Lease Revenue $13,753.50, taxes $77.95

Parcel 7

NE 12-34-09-W4 – 158.01+/- Title Acres – Farmland

pasture, fenced (3) sides, dugout, Surface Lease Revenue $8,102, taxes $106.74

Parcel 8

SE 12-34-09-W4 - 159+/- Title Acres – Farmland

pasture, fenced, dugout, Surface Lease Revenue $9,300, taxes $117.82

Parcel 9

SW 06-34-08-W4 – 159+/- Title Acres -Farmland

pasture, fenced (3) sides, dugout, Surface Lease Revenue $5,250, taxes $109.63

Parcel 10

CL05871 – Cultivation Lease Improvement – 160+/- Acres

160+/- ac, pasture, fenced, 40 AUM, Surface Lease Revenue $4,757.75, 2022 lease rate $848.14, taxes $100.32

Parcel 11

GL83021 – Grazing Lease Improvement – 318+/- Acres

318+/- ac, pasture, fenced, dugout, 45 AUM, Surface Lease Revenue $4,400, 2022 lease rate $335.14, taxes $101.70

Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. The information provided is a guide only.