RE/MAX Lloydminster

$700,000 is the starting price / minimum opening offer for the NW & SW 35-50-4-W4 to be sold by Progressive Tender® with all initial offers opened Noon, Tuesday July 22, 2025.  

This parcel of land is comprised of 236 titled acres and located on Highway #16 eight miles west of Kitscoty in the County of Vermilion River.  CVR Farmland Calculation Report indicates a potential of 212 cultivated acres, however the tenant reports 200 is currently being cropped. Actual acres under cultivation each year may vary with weather conditions and agronomic practice. 

2024 CVR assessment is $22,500 for the NW 35 and $16,960 for the SW 35. 2025 crop is canola on the NW with peas on the SW. Lease contract on land is in place until October 31, 2026 with semi-annual payments of $8,500 due April 15 and October 31. 

Property comes with a 40’ x 60’ structure, started in 2022, of which 40’ x 40’ is shop space plus 20’ x 40’ living quarters. Metal exterior, concrete floor, large bi-fold door, infloor boiler heat plus forced air, water well, septic system, and power. Propane tank is rented. Viewing on shop by appointment.

Proposed possession date is September 1, 2025 unless otherwise agreed with fall rent accruing to incoming owner. All surface leases currently registered on title have been remediated resulting in no further revenue forthcoming. 

https://www.google.com/maps/place/53.357915,-110.486720/@53.357915,-110.486720,10z/data=!4m2!3m1!1s0x0:0x0

Progressive Tender® Steps:

Step 1: Submit Offer Document

· Download the Initial Offer Document from the www.leipertland.ca website, pick up a copy at the RE/MAX office, or ask for one to be emailed to you.  

· Buyers must be GST registrants and provide a GST number at completion.

· Participants are expected to have financing in place and submit unconditional offers.

· Obtain a bank draft or certified cheque for $30,000 made payable to "RE/MAX of Lloydminster in Trust."

· Place both items in a sealed envelope and label it “Leipert Tender."

· Deliver the envelope to RE/MAX of Lloydminster at 5726 –44th Street, Lloydminster, AB T9V 0B6 by Noon MST, Tuesday July 22, 2025. Attention: Grant McClelland.

Step 2: Round Table Activity

· After the initial offers are opened, the Broker will contact each Participant and inform them of the amount of the highest offer. Participants will have until noon the following business day to submit a revised offer by phone, email, or text if they wish.

Step 3: Final Offer

· This "round table" process continues daily until every Participant declares their Final Offer.

· If a Participant doesn’t respond within the time limit or increase their offer by a minimum amount of 2% over the previous round’s highest offer, their last offer will automatically be declared as their Final Offer.

· Matching offers during progression rounds are discouraged.

Step 4: Confidentiality 

· All Participants names are kept confidential and only revealed to the Seller with the offer history when the progression rounds conclude. Offer history is the sole possession of the Seller.

Step 5: Finalizing Purchase 

· The Seller reserves the right to reject any or all offers, engage in further negotiations on price or terms, and may award the sale of the subject property to the buyer of their choice.

· The successful buyer must complete an unconditional Purchase Contract with the Broker within two business days of acceptance; a draft of which is available on the website. 

· The offer deposit shall increase to 5% of the purchase price and be submitted with the Purchase Contract. 

· Completion for possession is set for September 1, 2025 unless otherwise agreed.

Step 6: Diligence Activity, Legal and Accounting Costs

· All properties are sold “as is” and Participants are encouraged to conduct their own diligence including appraisal for value and survey / real property reports.

· Each party is responsible for their own legal and accounting costs. There is no buyer transaction fee.

Step 7: Notification

· All Participants will be notified about the outcome once a Purchase Contract is completed between the successful Buyer and Seller. Deposits from unsuccessful Participants will be released in a timely manner by the Broker once the Purchase Contract is in place. 

Progressive Tender, Agricultural and Commercial Specialists with RE/MAX of Lloydminster, offers a full range of consulting services, land valuation, leasing, and real estate marketing to clients across Alberta and Saskatchewan. Call us today and start the conversation!

Grant McClelland – Direct (780) 871-4221 Email: grant.m@progressivetender.com

Vern McClelland - Direct (306) 821-0611 Email: vernmcclelland@remax.net