Arelee 476 acres Grain Farmland

Description

An excellent opportunity to acquire three contiguous quarters of highly productive grain farmland in the RM of Eagle Creek No. 376. With a high cultivation rate and high assessment, this land is well-suited for a variety of crops. The soil consists of clay loam and loam textures, classified under the Keppel and Weyburn associations, offering excellent growing conditions. Land is leased for 2025 season. Farmland & Price Summary 3 parcels 476 title acres (ISC) SAMA Information 476 total acres 438 cultivated acres 38 wetland/bush acres $860,400 total 2021 assessed value (AV) $289,210 average assessment per 160 acres 52.2 soil final rating (weighted average) $1,519,900 Farmland Price $3,190 per title acre (ISC) $3,470 per cultivated acre (SAMA) 1.77 times the 2021 assessed value (P/AV multiple)

Listing courtesy of Hammond Realty