Richmound 2,706 Acres Grain Farmland

Located near Richmound in the RM of Enterprise No. 142, this 2,706-acre grain farm comprises 17 closely grouped quarter sections. The 17 quarters are available on their own or together with the separately listed Quinlan yard quarter (NW 14-17-29 W3), giving buyers the option to purchase all 18 quarters as a 2,867-acre package.

The 17-quarter property lies within three miles of the Alberta border and approximately 90 kilometres northeast of Medicine Hat. SAMA reports 2,609 cultivated acres, or approximately 96% of the land base. The soils are predominantly Fox Valley clay loam and silty clay loam, with SCIC classifications ranging from H to K and an average SAMA assessment of approximately $270,000 per 160 acres.

This property generates more than $62,000 in annual surface lease income and include three grain bins with a combined capacity of 9,800 bushels.

Farmland & Price Summary          

 17      parcels

 2,706             title acres (ISC)

 SAMA Information

 2,706             total acres

 2,609             cultivated acres

37        native pasture acres

 60      wetland/bush acres

$4,568,200    total 2026 assessed value (AV)

$270,108       average assessment per 160 acres

 46.3   soil final rating (weighted average)

$6,800,000    Farmland Price

$2,513            per title acre (ISC)

$2,606            per cultivated acre (SAMA)

1.49    times the 2026 assessed value (P/AV multiple)