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SOLD ! Half Section Grain Land For Sale RM Of Caledonia No. 99

SOLD !

Asking Price $499,000.00 ( )
Details
  • Tags Grain Land For Sale, Farmland For Sale, RM Caledonia No. 99
  • Major Use Grain Land
  • RM Name Caledonia No. 99
  • RM Number 99
  • Total Land Area in Acre 320
  • Bins Included none
  • Outbuildings Included none
  • Nearest Town Milestone
  • Directions from town Lang, go South 1 mile, then West 4 1/2 mile, NW 12 is on you left hand side.
  • Map URL https://www.google.com/maps/d/u/1/embed?mid=1Ulf2aNBdz0eODbrlkt_LB9LehPUSscTn
  • MLS Number SK841987
  • Listing Agent Qing Zhang
  • Listing Broker Royal Lepage Landmart

  • Item # 195803
Description

SOLD !
Legal Descriptions: 

NW 12-11-19 W2,  SW 12-11-19 W2

 

Are you looking for HEAVY CLAY SOIL land? This land got 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%.  Land is in excellent condition, as 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 on this land. 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.

Qing zhang
Top 3 of Royal Lepage Agents Sask 2020 
Royal Lepage Landmart Realty
Moose Jaw, Saskatchewan
Cell: (306)  684--0136

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