MLS®# SK993877
RM of Kindersley Farmland - 160 Acres (Good)
$875,000.00 CAD Kindersley Rm No. 290 MLS®# SK993877
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Location
Key Details
$875,000.00
Grain
Kindersley Rm No. 290
Description
Excellent expansion opportunity with this 160 acres of high assessed farmland in west central Saskatchewan, located northwest of Netherhill in the RM of Kindersley. The farmland is characterized by a class 2-3 brown soil (Sceptre and Kindersley associations) with a heavy clay to clay texture. The farmland is predominately cultivated and consider to be in excellent condition. Of the 160 total acres, 145 acres are seeded and the remaining 15 acres are occupied by the following surface leases: - Baytex Energy (2 lease agreements) - Lease #1: 3 drill sites occupying 1.675 hect of land, revenue is $4,760/yr - Lease #2: 2 drill sites occupying 1.671 hect of land, revenue is $3,950/yr - Gold Saturn (2 lease agreements) - Lease #1: 2 drill sites occupying 3.55 acres - Lease #2: 2 drill sites occupying 3.58 acres - Revenue is $7,200/yr Total Surface Lease Revenue $15,910/yr Farmland & Price Summary SE 6-30-21 W3 Ext 0 161 title acres (ISC) 145 reported seeded acres SAMA Information 160 total acres 160 cultivated acres $317,700 total 2021 assessed value (AV) $317,700 average assessment per 160 acres 73.9 soil final rating (weighted average) $795,000 Farmland Price $4,953 per title acre (ISC) $4,969 per cultivated acre (SAMA) $5,498 per cultivated acre (Owner) 2.50 times the 2021 assessed value (P/AV multiple) $80,000 Surface Lease Value (5x annual revenue) $875,000 Total Price
Listing courtesy of Hammond Realty
More Info
City: Kindersley Rm No. 290
Type: Grain
Bush: None
Distance High School: 21
Distance Town: 21
Drinking Water: No
Grain Total: 0
Land Size: 160.52
School Bus: Yes
Sloughs: None
Topography: Flat
Total Acres: 160.5200
Sub Area: Kindersley
Listed By: Hammond Realty
