TENDER CLOSES NOON TUESDAY July 8, 2025
We are pleased to present this prime farmland comprising of 307 titled acres, located just two miles west of Neilburg in the Rural Municipality of Manitou Lake, for sale as one block:
NW 02-45-26-W3: SAMA profile indicates a total of 146 cultivated acres, with a Soil Final Rating on 136 acres ranging from 70 to 75, primarily Blaine Lake clay loam. 2024 SAMA assessment is $282,200 and property taxes in 2024 were $1,812.
SW 02-45-26-W3: SAMA profile indicates a total of 145 cultivated acres with a Soil Final Rating of 76 on 127 acres, also Blaine Lake clay loam. The 2024 SAMA assessment is $281,800 and property taxes in 2024 were $1,810.
Proposed possession date is October 15, 2025 as the current tenant lease expires December 31, 2025. Vendor advises there is no Right of First Refusal.
Actual cropable acres may vary with weather conditions and agronomic practice.
* Adjacent ten-acre parcel with house and garage also available.
Progressive Tender® Steps:
Step 1: Submit Offer Document
· Download the Initial Offer Document from the www.chibriland.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 $20,000 made payable to "RE/MAX of Lloydminster in Trust."
· Place both items in a sealed envelope and label it “Chibri Tender."
· Deliver the envelope to RE/MAX of Lloydminster at 5726 –44th Street, Lloydminster, AB T9V 0B6 by Noon MST, Tuesday July 8, 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 October 15, 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.
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
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