52.04594352831788,-107.16838034959453
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Asquith 320 acres Grain Farmland

Asquith 320 acres Grain Farmland
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1000000.00

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Enterprise: 
Grain
Rural Municipality:
RM 345 Vanscoy
Price (P):
1000000.00
Farmland:
1000000
Improvements:
Title Acres: (ISC)
320.0
Cultivated Acres:
241
Soil Final Rating:
62.6
$/Titled Acre:
3125
P/AV Multiple:
1.71
Closest Town:
Asquith
Listing Brokerage:
Hammond Realty
AG Listing ID:
MLS #:
SK018632
Avg. AV/Qtr:
293668

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DESCRIPTION

This half section of grain farmland is located 12 km southeast of Asquith.


The grain farmland is comprised of a productive dark brown soil (Bradwell association) possessing a loam texture and is predominantly cultivated (76%). SAMA indicates that there are 241 cultivated acres with the SW quarter indicating 128 cultivated acres and the NW quarter indicating 113 cultivated acres, and 46 pasture acres on the north portion of the quarter, and 10 acres of wetland/bush. The land was seeded to canola in 2025 to a reported 235 seeded acres. The land is currently rented until November 1, 2025, and a “Right of First Refusal” to the tenant.


The SW quarter provides a large deposit of clean sand which has provided consistent additional income. The location, quantity and quality of this deposit, has proven value though long-term contracting to a sand and gravel company for use in a variety of projects for industry needs. The ease of access to the deposit and the proximity to Saskatoon is of particular benefit. The contract expires December 31, 2025, but there is opportunity for contract extensions to the new owner.


There are few stones, and the topography of the land is level to nearly level. Overall, the farmland is considered to be an above-average property for the general area.


Access
The property has good access with a year-round gravel road running north-south and a seasonal road running east-west on the north perimeter of the land.


Farmland & Price Summary     
 2           parcels
 320      title acres (ISC)
 235     reported seeded acres
               
 SAMA Information       
 319      total acres
 241      cultivated acres
 46         native pasture acres
 32         wetland/bush acres
$585,500           total 2025 assessed value (AV)
$293,668           average assessment per 160 acres
 62.6     soil final rating (weighted average)
               
$1,000,000       Farmland Price
$3,124 per title acre (ISC)
$4,149 per cultivated acre (SAMA)
$4,255 per cultivated acre (Owner)
 1.71     times the 2025 assessed value (P/AV multiple)
 
$1,000,000       Total Price

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