![](https://images.ctfassets.net/yabbc0uob6iv/3dMyNndT9jGyXAvugn7Iba/282391d6c27219d974ebfd9199919d32/Web-TunKeyNEW-1.jpg?w=1920&h=1080&fl=progressive&q=50&fm=jpg)
Turn Key Ranch
Sold on September 4, 2024
from 3:00 PM to 4:00 PM UTC
Location
Bonnyville, AB
Sale Size
10 Parcels, 1 En Bloc
Final
$60K - $500K
742 deeded acres combined with 1,382 leased acres selling as 10 Parcels less than 9 miles east of Bonnyville, Alberta. With some Surface Lease Revenue, infrastructure in place, and ample water, this mixed operation farm is set up and ready for the new owner to flourish.
742 deeded acres combined with 1,382 leased acres selling as 10 Parcels less than 9 miles east of Bonnyville, Alberta. With some Surface Lease Revenue, infrastructure in place, and ample water, this mixed operation farm is set up and ready for the new owner to flourish.
Available Parcels
![Map of Turn Key Ranch](https://images.ctfassets.net/yabbc0uob6iv/1LcKznHiIlPzbxjSdhmoHh/84e39f0c27cb72d15f3cebaeb407ee68/Turn-Key-Ranch-SQUARE-MAP.jpg?w=480&h=400&fl=progressive&q=50&fm=jpg)
En Bloc Name En Bloc | En Bloc Size Parcels 1 - 7 | Final $0 | View En Bloc |
Parcel Name Parcel 1 | Parcel Size 155 ± Acres | Final $500,000 | View Details & Offer |
Parcel Name Parcel 2 | Parcel Size 152 ± Acres | Final $380,000 | View Details & Offer |
Parcel Name Parcel 3 | Parcel Size 144 ± Acres | Final $280,000 | View Details & Offer |
Parcel Name Parcel 4 | Parcel Size 153 ± Acres | Final $430,000 | View Details & Offer |
Parcel Name Parcel 5 | Parcel Size 137 ± Acres | Final $420,000 | View Details & Offer |
Parcel Name Parcel 6 | Parcel Size 159 ± Acres | Final $110,000 | View Details & Offer |
Parcel Name Parcel 7 | Parcel Size 319 ± Acres | Final $130,000 | View Details & Offer |
Parcel Name Parcel 8 | Parcel Size 149 ± Acres | Final $60,000 | View Details & Offer |
Parcel Name Parcel 9 | Parcel Size 474 ± Acres | Final $130,000 | View Details & Offer |
Parcel Name Parcel 10 | Parcel Size 281± Acres | Final $80,000 | View Details & Offer |
Option Name Livestock Handling Facility: Parcel 1 Option | Option Details Livestock Handling Facility | Option Price $19,000 | View Option |
Option Name Hip Roof Barn Setup: Parcel 1 Option | Option Details Interior Setup of Hip Roof Barn | Option Price $3,700 | View Option |
Option Name Second Calving Barn: Parcel 1 Option | Option Details Second Calving Barn | Option Price $1,000 | View Option |
Option Name Feed Mill Package: Parcel 1 Option | Option Details Feed Mill Package | Option Price $23,500 | View Option |
Option Name Livestock Handling Equipment: Parcel 2 Option | Option Details Livestock Handling Equipment | Option Price $8,800 | View Option |
Sale Description
Turn-key: of or involving the provision of a complete product or service that is ready for immediate use. The term incites immediate appreciation for the benefit of choice. Whether you are a farmer, rancher, or someone looking for a new base for your commercial business, ‘Turn Key Ranch’ affords the perfect prospect to flourish. With the option for additional grazing lease land for extra growth, look no further than this incredible opportunity. You may want to contact your banker, cattle buyer, or agronomist while you ponder the endless opportunities available with this rare find.
‘Turn Key Ranch’ offers a combined total of 742-deeded acres selling as 5 Parcels, all located less than 9 miles east of Bonnyville, Alberta, plus 1,382 leased acres selling as an additional 5 Parcels. These Parcels of land are all located approximately 85 miles from Lloydminster and Vermilion, two other major agriculture communities. The entire assemblage offers an excellent opportunity for a beginning farmer, an existing operation looking to expand, or even off-farm income at the oil treatment facility down the road.
![Turn Key Ranch - Parcel 2](https://images.ctfassets.net/yabbc0uob6iv/4dvDEEaiWfLcAiQ5XaRXjm/60b852847946e817bfe9ef72ebb9f9f9/Web-TunKeyNEW-38.jpg?w=400&h=225&fl=progressive&q=50&fm=jpg)
Turn Key Ranch - Parcel 2
With ample average annual rainfall, this ‘Turn Key Ranch’ has provided a healthy living for the current owners for more than 45 years and they have now made the decision to pass this jewel on to the next lucky owner. These Parcels are set up to take advantage of every acre and are ideal for a mixed farming operation, including grain and beef. The 5 deeded quarters, with additional grazing leases, allow feed options for pasturing or wintering your stock. The area boasts local feedlots to market your calf crop and great proximity to nearby elevators for marketing your grain crops, whether locally or globally.
Assemblages of land like ‘Turn Key Ranch’ are few and far between; the deeded land is primarily comprised of open pastureland with some areas in hay. The Grazing Leases are largely covered in aspen trees, with some willow and spruce, along with open pasture land. ‘Turn Key Ranch’ proffers a combination of productive acres with debris free pastures, and includes good, barbed wire fences, trees, large dugouts, and two-30 GPM water wells. With a focus on sustainable agriculture and good farming practices, this mixed farming operation provides a profitable return. This ‘Turn Key Ranch’ offers a fully serviced yard site, complete with a well-maintained residence, and all agricultural facilities.
By utilizing CLHbid’s unique ‘en bloc’ system, bidders will have an opportunity to keep the ranch together and get all of Parcels 1 – 7, or none. Purchasing all Parcels ‘en bloc’ alleviates the risk of owning a half section twenty miles from your home base. With 5 deeded quarters being offered for sale, and an opportunity to add 5 different grazing leases to this assemblage of land, ‘Turn Key Ranch’ is the perfect property that will accommodate any new owner.
Turn Key Ranch is being offered for sale via online escalating tender by CLHbid.com. Check the website for updates from time to time. The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment. As a law firm, CLHbid never discloses bidder's names to any party, including the Seller. Only the successful buyer's name is ever disclosed to the Seller as part of the closing process.
Proven Results
from satisfied buyers
Frequently Asked Questions
There are existing auction platforms out there such as the ‘Iowa Auction’ that stop bidding after all individual parcels have received high bids. Then for round #2 of the auction they allow past as well as new bidders to ‘up the ante’ by bidding on the entire farm or ranch with a reserve bid set at the aggregate price just bid on all individual parcels in round #1.
After seeking input from many farmers and ranchers, most told us they didn’t feel a platform such as this was fair to bidders on individual parcels who in many cases have went to a lot of work to get pre-approved for financing etc. Farmers and ranchers also indicated they didn’t think it is fair for a large player to ‘lay in the weeds’ and not bid until after the initial round of bidding. They also told us that it would not be fair to allow a larger player to acquire the entire farm or ranch for only a few dollars more than the aggregate of the prior individual bids. Hence the rationale for the ‘premium bid’ amount for the ‘en bloc’ parcel at the conclusion of the auction.
At CLHbid.com, you as bidder only need to be high on a certain number (generally less than 50%) of parcels in order to have a chance to acquire the entire farm or ranch, whereas at national Auction firms you generally have to be high on 100% of the parcels in order acquire the entire ranch or farm.
Bidders have no knowledge of the identity of other bidders. Likewise, the Seller during the sale is not privy to who may be bidding or how many parcels someone may be ‘high on’. At CLHbid.com we set out to create a platform for the selling or leasing of agricultural land that was honest, fully transparent and offered no opportunity for bids to be shopped by the Seller. This is especially important wherein the Seller has final approval.
At CLHbid.com we have put safeguards in place in our CLHbid.com contract with our Seller to ensure the Seller deals only with the high bidder at the conclusion of bidding. During the timed auction itself, all back-end information is locked down including who is bidding or who is registered to bid. At the conclusion of the bidding, the Seller is privy only to the name of the high bidder on each parcel.
The minimum increment for bidding is set prior to each specific sale in consultation with the Seller. The increments are set having regard to the FMV of the parcel being sold with more expensive parcels generally having larger increments.
We have all been to live auctions where a quarter of land worth $500,000.00 starts at $100,000.00. The parcel is then bid up in large increments initially with the increments gradually decreasing in size as the bidding approaches the end. At CLHbid.com, given our predetermined minimum increments, we try and speed up the process by starting the bidding at what we see as a reasonable number to start serious bidding at, yet a number still below FMV.
In addition, given the ‘en bloc’ final parcel bidding option offered at CLHbid.com, we require a floor number for each individual parcel in the unlikely event a specific parcel doesn’t receive a bid, yet at the conclusion an eligible bidder wishes to bid on the entire farm or ranch. In such a case, the Starting Bid becomes the value to be used for that Parcel not receiving a bid when determining aggregate bids. It is important to note the Starting Bid is not a Reserve Bid.
PLEASE NOTE: Not all CLHbid.com sales have an ‘en bloc’. Please review the particulars of each sale for clarity.
No. The Seller waives their right to approve the sale if there is a bid on the ‘en bloc’.
This is really no different than in the tendering process wherein Tenders stipulate “any and all tenders will not necessarily be accepted”. One issue with tendering is the cost to put a tender in the paper is nominal and there is always a risk of the Seller perhaps just feeling out the market or wanting to know the names of the parties interested.
At CLHbid.com one of the paramount reasons for allowing the Seller final say is to alleviate the need for an expensive Guarantee to the auction house – expensive and seldom called upon yet often required by the Sellers bank. The Seller’s bank doesn’t require the Seller to purchase a Guarantee when using the CLHbid.com platform wherein the sale is at the Seller’s discretion.
CLHbid.com incurs significant marketing costs in the event the Seller fails to accept the high bid(s). The Seller is under contract with CLHbid.com and the contract references trigger values indicating when the right of the Seller to refuse a sale is taken away.
At CLHbid.com, our Sellers are fully invested in the process meaning the likelihood of a high bid not being accepted is extremely remote.
No. At CLHbid.com there is no advantage to waiting to bid. Our platform has a ‘refresh’ function on the clock such that any bid placed near the expiration of the timed sale will automatically re-set the clock adding additional minutes to the clock giving all parties (including the bidder that was just outbid) another opportunity to bid.
At CLHbid.com we take the human element out of the process. During the bidding process if you are high, you will receive an online notice saying you are High Bid. If you get outbid you will receive an online notice saying you were Outbid. Immediately upon expiration of the timed sale, the high bidder will receive an email indicating they were the HIGHEST BIDDER.
All emails are auto generated. The question cannot arise as to whether you were high or not or “was it shopped to someone they liked better” such as when tendering land.
No. The Starting Bid is just that. The first bid required for a Parcel is the Starting Bid and not some number above it. If you are the initial bidder and just bid the basic minimum increment your Current Bid will be the Starting Bid number.
CLHbid.com doesn’t publish the name of the high bidder. We do, however, disclose the name of the high bidder to the Seller as they are then in a contractual agreement to buy and sell. We leave it up to the high bidder and Seller to tell whomever they wish.
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The sale starts and finishes in a matter of hours and the time will extend if bids are placed in the last two minutes of the sale. As confidentiality and honesty are paramount to us, bidders names are never released.
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