51.474790,-108.203550
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McGee 320 acres Hay and Grain Farmland (Spence)

McGee 320 acres Hay and Grain Farmland (Spence)
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656000.00

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For sale by tender
For sale by auction
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Active buyer contract
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Enterprise: 
Grain
Hay (arable)
Pasture
Rural Municipality:
RM 288 Pleasant Valley
Price (P):
656000.00
Farmland:
656000
Improvements:
Title Acres: (ISC)
320.0
Cultivated Acres:
246
Soil Final Rating:
46.7
$/Titled Acre:
2050
P/AV Multiple:
1.76
Closest Town:
McGee
Listing Brokerage:
Hammond Realty
AG Listing ID:
MLS #:
N/A
Avg. AV/Qtr:
186350

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DESCRIPTION

Here is a chance to buy two quarters that are currently producing oilseed and cereals with a small area being pastured. The 2023 crop was canola. These two quarters of land are located east two (2) miles (3.2 kms.) from McGee on Hwy #4 then south 1.5 miles (2.4kms.) on the graded road.


The owner is willing to sell the parcels separately. The SW 9 has approximately 50 acres of cultivated grass on it. SAMA currently show the land as cultivated as the records do not appear to have been updated since it went back to forage production. The has slough areas for livestock water sources. In addition, the land appears to have springs that could be developed for water sources. This would be good opportunity for an expanding grain-beef operation being partially fenced already.


Farmland & Price Summary

 2 parcels
 320 title acres (ISC)


SAMA Information

 320 total acres
 246 cultivated acres
 51 arable hay/grass acres
 23 wetland/bush acres
$372,700 total 2021 assessed value (AV)
$186,350 average assessment per 160 acres
 46.7 soil final rating (weighted average)


$656,000 Farmland Price
$2,050 per title acre (ISC)
$2,667 per cultivated acre (SAMA)
 1.76 times the 2021 assessed value (P/AV multiple)

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