Description
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Farmland & Price Summary
5 Parcels
318 Title Acres (ISC)
255 Cultivated Acres (Seller)
SAMA Information
319 Total Acres
277 Cultivated Acres
42 Wetland/Bush Acres
$460,200 Total Assessed Value (2017)
$230,821 Average Assessment per 160 Acres
77.2 Soil Final Rating (Weighted Average)
$874,380 Farmland Price ($460,200 x 1.9)
$2,750 per Total acre (ISC)
$3,157 per cultivated acre (SAMA)
1.90 times the 2017 Assessed Value
$70,000 Surface Lease ($17,500 x 4)
$944,380 Total Price
Bins: 5 x 1750 bu. total of 8750 Bushels
Vendor would sell to an investor and guarantee the investor a 4.5% return on the purchase price, between land rent (renting back to vendor) and surface lease paid to the purchaser.
Vendor state he is seeding 255 cultivated acres (NE 34 - 115 acres, SE 34 - 140 acres)
*** a detailed description of each parcel is in the attached information package ***
RM 472 NE 34-47-25 W3, 2017 Assessed Value $95,400, Title ac. 79.48, Cult. ac. 58 (SAMA), Cult. ac. 115 (Owner), FR 76.38, Class F
RM 472 LSD 16 34-47-25 W3, 2017 Assessed Value $113,400, Title ac. 39.14, Cult. ac. 69 (SAMA), FR 76.38, Class 0
RM 472 LSD 9 34-47-25 W3, 2017 Assessed Value $0, Title ac. 39.79, Cult. ac. 0, FR 0, Class 0
RM 472 LSD 16 34-47-25 W3, 2017 Assessed Value $0, Title ac. 0.07, Cult. ac. 0, FR 0, Class 0
RM 472 SE 34-47-25 W3, 2017 Assessed Value $251,400, Title ac. 159.44, Cult. ac. 150 (SAMA), Cult. ac. 140 (Owner), FR 77.97, Class F