RE/MAX Lloydminster

$250,000 is the starting price / minimum opening bid for this land to be sold by Progressive Tender™. All initial offers opened Noon, Tuesday January 21, 2025. GST applies. 

This three LSD parcel totals 119.78 titled acres and is located approximately ten miles east of Lloydminster in the Rural Municipality of Britannia. Marshall school attendance area. 

https://www.google.com/maps/place/53%C2%B016'47.4%22N+109%C2%B042'06.1%22W/@53.279845,-109.7017,83268m/data=!3m1!1e3!4m4!3m3!8m2!3d53.279845!4d-109.7017?entry=ttu&g_ep=EgoyMDI0MTIwMi4wIKXMDSoASAFQAw%3D%3D

SAMA profile indicates 87 cultivated acres, with balance pasture and wetlands. Soil Final Rating 75, primarily Waseca clay loam. 2021 SAMA assessment $176,000. 

Access is from improved roads on both south and west boundaries. Old yardsite with single phase power line. A three-phase line runs north to south, parallel to west boundary. Perimeter is barb wire fence. 

Cultivated portion was seeded to tame forage and used for pasture. 

2024 property taxes $631. 

Just minutes from the city, this is an opportunity for buyers to establish a large country residential site with room for a business and hobby farm, or to rejuvenate the land back to annual crop production.

For additional details or inquiries, contact Grant or Vern with The McClelland Group, RE/MAX of Lloydminster, (780) 808-2700 or email grant.m@progressivetender.com

Progressive Tender Steps:

Initial offers must be submitted by Noon MST, Tuesday January 21, 2025. 

Step 1: Submit Bid Document

• Download the Bid Document from the www.jensenland.ca website, pick up a copy at the RE/MAX office, or ask for one to be emailed to you.
• Fill out the required details. Minimum opening offer is established at $250,000.
• Buyers must either be GST registrants and provide a GST number at completion or pay the applicable  tax.
• Obtain a bank draft or certified      cheque for $10,000 made payable to "RE/MAX of Lloydminster in Trust."
• Place both items in a sealed      envelope and label it “Jensen Tender."
• Deliver the envelope to the RE/MAX  of Lloydminster office at 5726 – 44th Street, Lloydminster, AB T9V 0B6 by Noon MST, Tuesday January 21, 2025 Attention: McClelland Group.

Step 2: Round Table Activity

• After the initial offers for each parcel are opened, the Broker will contact each Bidder and inform them of  the amount of the highest offer. Bidders 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 Bidder declares their Final Offer.
• If a Bidder doesn’t respond within the time limit or increase their bid by a minimum amount of 2% over the previous round's highest offer, their last bid will automatically be declared as their Final Offer. 
• Matching bids during progression rounds are discouraged.

Step 4: Confidentiality 

• All Bidder names are kept confidential and only revealed to the Seller with the offer history when the progression rounds conclude. Bidder names and bid 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 Bidder must complete a Purchase Contract with the Broker within two business days of acceptance; a draft of which is available on the website.
• Deposit is to be increased to 5% of sale price upon removal of conditions.

Step 6: Diligence Activity, Legal and Accounting Costs

• Property is sold “as is”. Bidders are encouraged to conduct their own diligence including appraisal for value, survey / real property or other reports.
• Each party is responsible for their own legal and accounting costs. There is no buyer transaction fee.

Step 7: Notification

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

The McClelland Group, 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