54.192136390644876,-108.3052876189629
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Meadow Lake 150 acres Grain Farmland

Meadow Lake 150 acres Grain Farmland
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349000.00

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For sale by tender
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Enterprise: 
Grain
Rural Municipality:
RM 588 Meadow Lake
Price (P):
349000.00
Farmland:
349000
Improvements:
Title Acres: (ISC)
150.0
Cultivated Acres:
140
Soil Final Rating:
40.3
$/Titled Acre:
2326.67
P/AV Multiple:
1.59
Closest Town:
Meadow Lake
Listing Brokerage:
Hammond Realty
AG Listing ID:
MLS #:
SK019769
Avg. AV/Qtr:
234773

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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)
               
 SAMA Information       
 150      total acres
 140      cultivated acres
10          wetland/bush acres
$220,100           total 2025 assessed value (AV)
$234,773           average assessment per 160 acres
 40.3     soil final rating (weighted average)
               
$349,000           Farmland Price
$2,323 per title acre (ISC)
$2,493 per cultivated acre (SAMA)
1.59      times the 2025 assessed value (P/AV multiple)        

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