54.192136390644876,-108.3052876189629
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Meadow Lake 150 acres Grain Farmland

Meadow Lake 150 acres Grain Farmland
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379000.00

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Enterprise: 
Grain
Rural Municipality:
RM 588 Meadow Lake
Price (P):
379000.00
Farmland:
379000
Improvements:
Title Acres: (ISC)
150.0
Cultivated Acres:
140
Soil Final Rating:
40.3
$/Titled Acre:
2526.67
P/AV Multiple:
2.5
Closest Town:
Meadow Lake
Listing Brokerage:
Hammond Realty
AG Listing ID:
MLS #:
SK996665
Avg. AV/Qtr:
161600

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DESCRIPTION

This quarter section of grain farmland is located 13 km northeast of Meadow Lake.


The grain farmland is comprised of a grey and dark grey soil (Sylvania association) possessing a loamy sand texture and is predominantly cultivated (93%). SAMA indicates that there are 140 cultivated acres, and 10 acres of wetland/bush. The land was
seeded to peas in 2024, barley in 2023, and canola in 2022.


There are few stones, and the topography of the land is gentle slopes to nearly level. This package is currently leased to an excellent tenant until December 31, 2025, with interest in future lease options with new owner.


Access
The property has good access with a year-round gravel road running north-south on the east perimeter that is 1/2 mile west of Hwy 903.


Farmland & Price Summary     
1            parcel
150       title acres (ISC)
140       reported seeded acres


SAMA Information        
150       total acres
140       cultivated acres
10          wetland/bush acres
$151,500           total 2021 assessed value (AV)
$161,600           average assessment per 160 acres
 40.3     soil final rating (weighted average)
               
$379,000           Farmland Price
$2,523 per title acre (ISC)
$2,707 per cultivated acre (SAMA)
$2,707 per cultivated acre (Owner)
 2.50     times the 2021 assessed value (P/AV multiple) 
            
$0          Buildings and Improvements
$379,000           Total Price

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