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3 Quarter Grain Land For Sale in RM 257

Asking Price $1,999,000.00 ( )
Details
  • Major Use Grain Land
  • RM Name RM of Monet No 257
  • RM Number 257
  • Legal Descriptions NW 17-25-17 W3, NE 17-25-17 W3, PT NE 17-25-17 W3, SW 16-25-17 W3
  • Property Taxes 2,007
  • Total Land Area in Acre 479.11
  • Bins Included 6 metal grain bins on NE 17-25-17 W3, all hopper bottom, approx. 25,000 bushel in total.
  • Outbuildings Included One Quonset on NE 17-25-17 W3.
  • Nearest Town Elrose
  • Directions see map
  • Map URL https://www.google.com/maps/d/u/1/embed?mid=1per8qCepCyB8_8rBuLDujQtoFES-2OoZ
  • MLS Number SK888155
  • Listing Agent Qing Zhang (306) 684-0136 (cell)
  • Listing Broker Royal LePage Next level Realty
  • Tags Grain Land For Sale, Farmland For Sale, Rm of North Qu'Appelle, RM 257

  • Item # 271110
Description

Located south west of Elrose SK.

-- Soil Classes are mostly F, E and H
-- Total cultivated acres as per SAMA are 454.
-- Average assessment per 160 acre is $ 284,567
-- Average cultivated acres per 160 acre is  151.3.
See Additional Media section for lease info
Cultivated acres as per SAMA.
Total rent is $55,400 per year, Cap at asking price is 3.26%.

1, farmland lease Lease info:
Yearly rent is $40,000/year.  lease will expire on Dec 31 of 2024.

2, Oil Surface Leases on land:
Revenue from current oil surface leases: approximately $15,400 / year. 

3, Facility info :
There 6 metal grain bins  on NE 17-25-17 W3, all hopper bottom, approx. 25,000 bushel in total. 
One Quonset on NE 17-25-17 W3.

Additional 25 Quarters are also available, just 6 miles north of this package.

Legal Desc Assesment Soil cultivated pasture waste total
NW 17-25-17 W3 $278,300 E 149 0 10 159.24
NE 17-25-17 W3 $177,800 F 111 0 8 119.65
PT NE 17-25-17 W3 $183,800 F 40 0 0 39.92
SW 16-25-17 W3 $213,800 H 154 0 6 160.3
Total $853,700   454 0 524 479.11
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