Property in detail
Unique Properties is pleased to announce the sale of Clover Farms, a 31,194-acre cattle ranch in British Columbia's Peace River District. Located northeast of Fort St. John, Clover Farms is currently being managed as a cow/calf operation with a carrying capacity in excess of 2,000 cow/calf pairs. The Farm consists of approximately 100 titles with an estimated 19,000 acres cleared and in production. The balance of the land is lightly timbered and utilized for summer grazing.
Historically, Clover Farms was set up to grow predominantly cereal grains and canola. In more recent years, the farm has been repositioned to operate as a cattle ranch with most of the tillable land now growing forage grass. Given its operating history, the farm still maintains a significant level of equipment and improvements dedicated to grain harvesting and storage with the ability to store up to 250,000 bushels.
The Peace River District has significant oil and gas reserves. Clover Farms receives a valuable revenue stream from a large number of oil and gas well sites that are leased to third party operators. This revenue increases Clover Farms profitability and diversifies its market risk while providing negligible impact on its farming and ranching operations.
Clover Farms is a well run, well maintained operation that has the potential for increased capacity on its approximately 12,000 acres of undeveloped land. With further development it is estimated that this Ranch could carry over 3,000 cow/calf pairs. A strong compliment of equipment and livestock, long running management, and extensive improvements make this an excellent value within the context of Western Canada's agricultural opportunities.