Springside 160 acres Grain Farmland (Khan)

Description

Located North of Springside in the RM of Good Lake is an opportunity to purchase a quarter of farmland currently being used for grain production. The SAMA Report shows a Whitesand (Loamy Sand) topsoil, T1 topography, S1 stone rating, 121,300 assessment, 150 acres suitable for cultivation, and 30.08 final rating. The Seller estimates 140 to 145 acres available for seeding in 2024, Buyers are encouraged to perform their own due diligence regarding how many acres are available for their intended use. Farmland & Price Summary 1 Parcel 160 Title Acres (ISC) SAMA Information 160 Total Acres 150 Cultivated Acres 10 Wetland/Bush Acres $121,300 Total Assessed Value $121,300 Average Assessment per 160 Acres 30.1 Soil Final Rating (Weighted Average) $195,000 Farmland Price $1,220 per Total acre (ISC) $1,300 per cultivated acre (SAMA) 1.61 times the 2021 Assessed Value

Listing courtesy of Hammond Realty