$695,000 FOR SALE

Commercial Farm

This block of grainland is located approximately nine miles north of Lashburn in the RM of Wilton providing direct access from Highway #303 or Range Road #3252 on the east boundary. Currently rented out with possession available after the 2024 harvest. The two parcels total 231.94 titled acres (ISC) with the tenant reporting 168 seeded acres (canola) in 2024; this may vary from year to year with climate conditions and agronomic practice. Saskatchewan Assessment Management Agency profile indicates 178 cultivated acres, with the balance wetland or waste. 2021 SAMA assessment was $382,500. Soil Final Rating ranges from 65 to 82, primarily Waseca loam. Vendor reports surface lease revenue of $9,920 from five sites, however, notice of remediation has been received on two wells (annual revenue $1,700). The asking price of $695,000 was established as follows: $2,815 per title acre or $3,887 per current cropable acre plus the contributory value of the surface leases at 4.2 times or $42,000. SAMA assessment to sale price (ASPR) is 1.82 A detailed information package is available from listing office. (id:47423)

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Listed By RE/MAX OF LLOYDMINSTER
Data Provided By REALTORS® Association of Lloydminster & District
MLS® Listing Number A2150461
Last Updated Sep 30, 2024
Property Summary
Property Type Commercial Farm

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Price History
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Detailed Information
Farm Type Cash Crop
Listing Contract Date 2024-07-18
Ownership Type Freehold
Property Type Agriculture
Transaction Type For sale
Zoning Description AG
Building
Age Age is unknown
Land
Total Size Unknown

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