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$ 4,650,000
Est. payment | /mo
1,719.68 Acres Lot
$ 4,650,000
Est. payment | /mo
1,719.68 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Grain
Listing Status Active
Purchase Type For Sale
MLS Listing ID SK020732
Lot Size 1719.680 Acres
Acres 1719.68
Property Sub-Type Grain
Source Saskatchewan
Property Description
Fantastic 11 quarter farmland in RM of Browning No.34. This grain farmland is predominately cultivated (90%). From ISC, there are 1720 acres. From SAMA, the total assessed value is $2,892,700, the cultivated acres are 1556. Total waste land is 168 acres. $268,589 average assessment per 160 acres. 51.68 soil final rating (weighted average). $4650000.00 listing price. $2703 per title acre (ISC). $2988 per cultivated acre (SAMA). 1.61 times the 2025 assessed value. Soil Class is “J“ on 8 quarters, “K” on 3 quarters as per SCIC. Current revenues include annual crop rent of $126608+GST, plus annual surface lease of $27275. As a result, the total passive income $153883 per year which is 3.3% return on investment. These 11 quarters are quite close, 5 quarters in a block, another 4 quarters in a block, the remaining 2 quarters in one block.
Location
Province SK
Rooms
Basement Full Basement, Unfinished
Interior
Heating Electric
Cooling Electric
Exterior
Exterior Feature Other
Fence Some
Roof Type Other
Topography Flat
Building
Sewer None
Listed by NOA Realty