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St. Benedict - Three Quarters Arable Farmland

St. Benedict - Three Quarters Arable Farmland

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$1,600,000

For sale

Enterprise

Grain

Rural Municipality

RM 400 Three Lakes

Price (P)

$1,600,000

Farmland

$1,600,000

Improvements

0

Title Acres (ISC)

460.15

Cultivated Acres

336

Soil Final Rating

48.3

$/Titled Acre

$3,477.13

P/AV Multiple

2.5

Closest Town

St. Benedict

Listing Brokerage

Hammond Realty

AG Listing ID

MLS #

SK050432

Avg. AV/Qtr

$222,126

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DESCRIPTION

St. Benedict RM 400 - Three Quarters Arable Farmland

Three adjacent quarter sections of farmland in the St. Benedict area of the Rural Municipality of Three Lakes #400.

All three quarters are currently cultivated, dominantly Waitville and Northern Light soil associations, loam textures, productive land, with Weighted Final Rating of 48.3 points per cultivated acre overall. This is well drained land with few stones and approximately 336 cultivated acres currently. Treed areas can be cleared and farmed, adding approximately 50 to 65 acres of cultivated land, bringing the total potentially arable area to 380 to 400 acres.

 

460 total acres

336 cultivated acres (per SAMA)

335 cultivated acres (per owners)

69 native pasture acres (bush)

$640,000 total 2026 assessed value (AV)

$222,126 average assessment per 160 acres

48.3 soil final rating (weighted average)

Asking Price $1,600,000

$4,762 per cultivated acre

2.50 times the 2026 assessed value

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