51.67371322698882,-102.8048966137376
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Buchanan 147 acres Grain Farmland (Lungul)

Buchanan 147 acres Grain Farmland (Lungul)
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225000.00

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Enterprise: 
Grain
Rural Municipality:
RM 304 Buchanan
Price (P):
225000.00
Farmland:
225000
Improvements:
Title Acres: (ISC)
147.0
Cultivated Acres:
135
Soil Final Rating:
36
$/Titled Acre:
1530.61
P/AV Multiple:
1.72
Closest Town:
Buchanan
Listing Brokerage:
Hammond Realty
AG Listing ID:
MLS #:
SK961918
Avg. AV/Qtr:
129998

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DESCRIPTION

A good grain quarter located SW of Buchanan in the RM of Buchanan. 


The yard site located in the SE corner of the quarter, approximately 14 acres, is NOT included and is in the process of being sub-divided out. SAMA shows 135 cultivated acres and assessment of 130,800 for the full quarter, both of which will change upon completion of the sub-division. The estimated cultivated acres upon completion of the sub-division are 125+/-, Buyers are encouraged to perform their own due diligence. At present some of the cultivated acres are in grass for hay production.


Total acres, new legal description and new parcel number to be confirmed upon completion of the sub-division. Soil is a combination of Yorkton Light Loam and Meota Loamy Sand, 4” to 6” deep, T1 topography, S1 stones, average final rating of 35.99. 


A great opportunity as an investment or to add to your existing land base. Currently leased out for 2024 and 2025.


Farmland & Price Summary
1 Parcels
147 Title Acres (ISC) Estimated
125 Cultivated Acres (Seller) Estimated


SAMA Information
161 Total Acres
135 Cultivated Acres
- Hay/Grass Acres
- Native Pasture Acres
26 Wetland/Bush Acres
$130,800 Total Assessed Value
$129,988 Average Assessment per 160 Acres
36.0 Soil Final Rating (Weighted Average)


$225,000 Farmland Price
$1,531 per Total acre (ISC)
$1,667 per cultivated acre (SAMA)
$1,800 per cultivated acre (Owner)
1.72 times the 2021 Assessed Value
 

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