2750000.00
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RM 320 Oakdale – 5 Quarters Farmland with Oil Surface Revenue
Delayed Presentation of Offers: No offers will be presented prior to September 30, 2025 at 3:00 p.m. Please contact the listing agent for details.
Excellent opportunity to acquire 5 quarters (795 acres) of productive farmland in RM 320 Oakdale, located southwest of Kerrobert, Saskatchewan. The farmland is predominately cultivated and considered to be in excellent condition. In addition, the property generates $36,992/year in oil surface lease revenue, making it attractive for both expansion and investment.
This package is comprised of two separate blocks of land located approximately three miles apart.
SW 36-33-24 W3 & NW 36-33-24 W3
- 320 acres including 313 cultivated acres
- Gilroy and Halton association sandy loam and loamy sand soils
- Large dugout on NW 36-33-24 W3
- Crop Insurance “P”
- Surface Lease Revenue: $29,497/year (16 wells plus road access)
- Location: From Kerrobert, 3 km south on Hwy 31, 9 km west
SE 12-33-24 W3, NE 12-33-24 W3, NW 12-33-24 W3
- 480 acres including 433 cultivated acres
- Willows and Kindersley association clay soils
- Crop Insurance “J” and “H”
- Surface Lease Revenue: $7,495/year (3 wells)
- Yardsite on NW 12-33-24 W3 includes:
- 40’ x 60’ quonset
- 2 flat-bottom grain bins (2 additional bins are excluded and will be removed)
- Location: From Kerrobert, 10 km south on Hwy 31, 8 km west
Farmland & Price Summary
- 6 parcels
- 795 title acres (ISC)
SAMA Information
- 800 total acres
- 746 cultivated acres
- 54 wetland/bush acres
- $1,182,400 total 2025 assessed value (AV)
- $236,480 average assessment per 160 acres
- 42.1 soil final rating (weighted average)
Pricing
- $2,570,000 Farmland Price
- $3,232 per title acre (ISC)
- $3,445 per cultivated acre (SAMA)
- 2.17 times the 2025 assessed value (P/AV multiple)
- $180,000 Buildings & Improvements
- $2,750,000 Total Price