West Half section 12 RM 99 Saskatchewan (Caledonia Rm No. 99, Saskatchewan, CA - S0G 3L0) Built

SALE PENDING $499,000 CAD

Royal Lepage

Qing Zhang Qing Zhang (306) 694-8082 (Office) 306-684-0136 (Cell) (306)694-8079 (Fax) Request More Info

  • Type: Farm and Ranch
  • Lot Size: 320 acres
  • MLS ® #: SK841987

Description

Are you looking for HEAVY CLAY SOIL land? This land has 303 cultivated acres on 320 acres, all of the cultivated acres are Heavy Clay soil. Prime grain land, flat, stone free and open field, seller states 300 cultivated acres on 320 acres, cultivated rate 93.7%. Do not be misled by this land's soil class, it produces lots better than the SCIC soil class reflects. Even in dry years like 2020, it still yielded about 50-60 bush of wheat on average. Total assessment $302,100, average $151,050 / quarter. Asking 1.65 times of 2017 assessment, asking $1,663 / cultivated acre (as per owner), asking $1,727 / cultivated acre (as per SAMA). Land is open for farmers to buy and seed it in this spring. A good opportunity for investors to buy and get rent on closing. The area rent for land like this is $55 to $65 (2021 rental rate), A couple of local farms are ready to rent this land at the area rental rate for a long term lease.

Highlights

  • School Bus: Yes, Distance To Elementary School: 8, Distance To High School: 8, Distance To Town: 8
  • Nearest Town: Milestone
  • Property Offered: Land Only
  • Lot Features: Topography: Flat
P2#1345016724
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Information is deemed to be correct but not guaranteed.

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