This productive 428 acres of grain farmland located 4 miles southeast of Rush Lake SK in RM 166 Excelsior presents a tremendous expansion opportunity for local producers.
 
Description of Property
The property includes 420 arable acres of farmland characterized by Ardill and Haverhill association clay loam to loam texture soil, crop insurance K, L, M, and an average soil final rating 47.4. Topography is flat to gently rolling,
 
Directions:
From Rush Lake: 2 miles east on HWY #1, 1.5 miles south.
From Herbert: 7 miles west on HWY #1, 1.5 miles south.
 
Farmland & Price Summary
NE 20-16-10 W3 Ext 0
NW 20-16-10 W3 Ext 0
SE 20-16-10 W3 Ext 0
 3                           parcels
 428                     title acres (ISC)
               
 SAMA Information         
 429                     total acres
 420                     cultivated acres
 9                          wetland/bush acres
$535,100             total 2021 assessed value (AV)
$199,571             average assessment per 160 acres
 47.4                    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 166 EXCELSIOR 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 4:00 pm Thursday, December 19, 2024.
2.      All offers received are to be left open until 12:00 pm Monday, December 23, 2024. All offers received will be addressed and responded to (either accepted, rejected, or countered).
3.      Preference will be given to UNCONDITIONAL offers.
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.      Buyer must provide a deposit for 5.0% of the price being offered unless otherwise agreed.
7.      Seller will be responsible for the property taxes on the property until January 1, 2025.
8.      Any crop unharvested or stored on the land may be harvested and removed from the land according to The Agricultural Leaseholds Act.
9.      Hammond Realty WILL NOT inform or present the Seller with any offers received until after the date and time detailed in Term 1 above.