54.160061,-108.902096
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Rapid View 156 acres Grain Farmland

Rapid View 156 acres Grain Farmland
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400000.00

For sale
For sale by tender
For sale by auction
For lease
Active buyer contract
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Lease pending
Pending buyer contract
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Leased
Fulfilled buyer contract
Enterprise: 
Grain
Rural Municipality:
RM 588 Meadow Lake
Price (P):
400000.00
Farmland:
400000
Improvements:
Title Acres: (ISC)
156.0
Cultivated Acres:
108
Soil Final Rating:
61.1
$/Titled Acre:
2564.1
P/AV Multiple:
2.25
Closest Town:
Rapid View
Listing Brokerage:
Hammond Realty
AG Listing ID:
MLS #:
SK959210
Avg. AV/Qtr:
182256

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DESCRIPTION

Farmland & Price Summary


1 parcel
156 title acres (ISC)


SAMA Information
156 total acres
108 cultivated acres
48 bush acres
$177,700 total 2021 assessed value (AV)
$182,256 average assessment per 160 acres
61.1 soil final rating (weighted average)


$400,000 Farmland Price
$2,560 per title acre (ISC)/ $1,000 per acre of trees / rec. land
$3,259 per cultivated acre
2.25 times the 2021 assessed value (P/AV multiple)


This land is located just 3 and half miles west of Rapid View, SK.
If not sold by April 1, 2024, it will be rented out and possession to be in fall after crop is off.

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