53.15486329244721,-109.15004171905804
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Maidstone 478 acres Pastureland

Maidstone 478 acres Pastureland
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802125.00

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Enterprise: 
Pasture
Rural Municipality:
RM 471 Eldon
Price (P):
802125.00
Farmland:
802125
Improvements:
Title Acres: (ISC)
479.9
Cultivated Acres:
341
Soil Final Rating:
31.1
$/Titled Acre:
1671.44
P/AV Multiple:
2.41
Closest Town:
Maidstone
Listing Brokerage:
Hammond Realty
AG Listing ID:
MLS #:
SK963568
Avg. AV/Qtr:
111565

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DESCRIPTION

This package of 3 quarters of farmland is located just northeast of Maidstone, SK.


It is currently in pasture, but 341 acres were cultivated before.
There are four (4) oil wells on the land with a surface lease of $10,425.00 per year.


The pasture has reasonable good fence but the buyer needs to build 1 mile of additional fencing.


Farmland & Price Summary
3 parcels
480 title acres (ISC)


SAMA Information
478 total acres
341 cultivated acres
121 native pasture acres
16 wetland/bush acres
$333,300 total 2021 assessed value (AV)
$111,565 average assessment per 160 acres
31.1 soil final rating (weighted average)


$750,000 Farmland Price
$1,563 per title acre (ISC)
$2,199 per cultivated acre (SAMA)
2.25 times the 2021 assessed value (P/AV multiple)


$52,125 Surface Lease (5 x $10,425)


$802,125 Total Price

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