INITIAL OFFER NOON TUESDAY , August 5, 2025

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Minishtender

RE/MAX Lloydminster

RE/MAX LloydminsterRE/MAX Lloydminster

Updates

AGRICULTURAL LAND FOR SALE BY PROGRESSIVE TENDER

IN THE SASKATCHEWAN RURAL MUNICIPALITY OF FRENCHMAN BUTTE

 MLS  A2227458


$700,000 is the starting price/ minimum opening offer for three quarters land totalling 475.4 titled acres to be sold as one block by Progressive Tender® with all initial offers opened Noon, Tuesday August 5, 2025.


Property is located one mile north & ½ mile west of the Toby Nollet Bridge, Hwy 21 in the RM of Frenchman Butte, Sask.


SW 22-51-23-W3 - SAMA profile indicates 120 cultivated acres, with balance waste. Soil final rating ranges from 31 to 48, primarily Whitesand sandy loam. 2025 SAMA assessment $205,100. 2024 property taxes were $631.86. Fenced perimeter; currently used as pasture.


SE 22-51-23-W3 - SAMA profile indicates 70 acres of pasture, with balance cultivated land. Soil final rating ranges from 44 to 50, primarily Whitesand sandy loam. Old yard site featuring a metal Quonset, approximately 1,800 sq ft with dirt floor. 2025 SAMA assessment $215,700.  2024 property taxes were $665.08.


NE 22-51-23-W3 Ext 2 - SAMA profile indicates 133 acres of pasture, with balance of cultivated land. Soil final rating ranges from 42 to 46, primarily Whitesand gravelly loam. 2025 SAMA assessment $150,600. 2024 property taxes were $383.62. Note the municipal structure and acreage on north perimeter is not part of this offering.


Cropable acres may vary with weather conditions and agronomic practise. Property offers significant potential to increase the number of seedable acres.


Vendor states receiving $39,478 in surface lease revenue in the past twelve months with one site being reclaimed at this time; please check the tender website for updates. Proposed possession date is October 31, 2025.


https://www.google.com/maps/place/53%C2%B025'14.2%22N+109%C2%B018'17.2%22W/@53.420607,-109.304763,82993m/data=!3m1!1e3!4m4!3m3!8m2!3d53.420607!4d-109.304763?entry=ttu&g_ep=EgoyMDI1MDUyOC4wIKXMDSoASAFQAw%3D%3D


Progressive Tender® Steps:


Step 1: Submit Offer Document

• Download the Initial Offer Document from the www.marchadourland.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 $30,000 made payable to "RE/MAX of Lloydminster in Trust."

• Place both items in a sealed envelope and label it "Marchadour Tender."

• Deliver the envelope to RE/MAX of Lloydminster at 5726 -44th Street, Lloydminster, AB T9V 0B6 by Noon MST, Tuesday August 5, 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 31, 2025 unless otherwise agreed.


Step 6: Diligence Activity, Legal and Accounting Costs

• Al 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

• Al 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.


Progressive Tender, 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

Downloads

Offer Document (pdf)

Download

Marchadour_InfoPackage_ (pdf)

Download

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