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FARMLAND FOR SALE BY TENDER
Listed Exclusively by Hammond Realty
Dave Molberg (306) 948-4478
This 3 quarter block of productive farmland located in RM 283 Rosedale (20km southwest of Hanley, 30km northwest of Kenaston, and 30km east of Outlook) presents a tremendous expansion opportunity for local producers.
The land is characterized by class 3 dark dark brown soil (Tuxford association) with clay loam texture and average final rating of 54.7. Topography is flat, no stones, crop insurance is J and K. The parcels are predominantly arable and consider to be in excellent condition.
The land is not under irrigation, however an irrigation canal is approximately 1 mile to the north.
Crop History:
2024 - Peas (Fortress, Solo, Authority applied)
2023 – Canola
2022 - HRSW
Farmland Summary
3 quarters of farmland in RM 283 Rosedale
SE 10-30-5 W3 Ext 0
NE 10-30-5 W3 Ext 0
SW 10-30-5 W3 Ext 0
477 title acres (ISC)
SAMA Information
477 total acres
464 cultivated acres
13 wetland/bush acres
$681,300 total 2021 assessed value (AV)
$228,528 average assessment per 160 acres
54.7 soil final rating (weighted average)
Why Choose a CLOSED Tender?
With the closed tender process, every bidder has a fair and equal opportunity to submit their best offer without the pressure of reacting to other bids. This creates a level playing field, ensuring that:
· Confidentiality is Guaranteed: All bids are kept private and secure until the opening, so your offer remains competitive without the risk of being used to influence others.
· Fairness is Prioritized: No back-and-forth bidding ensures that all parties are treated equally, and the best offer wins based on merit alone.
· Save Time and Reduce Stress: Avoid the emotional pressure of an escalating bidding war. Submit your highest and best offer once, without multiple rounds of bidding.
· Encourages Serious Offers: Bidders are motivated to submit their most competitive offer upfront. If you're willing to pay a premium, you can be confident that your highest bid will be seriously considered against everyone else’s highest bid.
By choosing a closed tender, we create a more efficient, confidential, and fair process for everyone involved.
Terms and Conditions of the Rm 283 Rosedale CLOSED TENDER are as follows:
1. All offers must be received in writing by Hammond Realty (by fax, email, or in person) before the tender closing deadline at 3:00 pm Thursday January 30, 2025.
2. All offers received are to be left open until 12:00 pm Monday February 3, 2025. All offers received will be addressed and responded to (either accepted, rejected, or countered).
3. Although the Seller’s Brokerage is required by law to immediately notify the Seller of all offers received on the property, the Seller irrevocably directs, instructs, and authorizes Hammond Realty NOT to inform or present the Seller with any offers received until after the date and time detailed in Term 1 above.
4. The Buyer’s offer will be itemized by legal description and any conditions of the offer must be clearly stated.
5. The highest, or any, offer will not necessarily be accepted.
6. In addition to the top offer for any individual parcel, consideration will be given to offers that provide the highest aggregate price for any combination of parcels.
7. Buyer must provide a deposit for 5.0% of the price being offered unless otherwise agreed.
8. Preference will be given to UNCONDITIONAL offers.
9. Seller will be responsible for the property taxes on the property until January 1, 2025.
10. Any crop unharvested or stored on the land may be harvested and removed from the land according to The Agricultural Leaseholds Act.