1500000.00
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640 Acres of Prime Farmland – RM of Glenside
Excellent opportunity to own a 640-acre block of arable farmland in the RM of Glenside, just 40 km northeast of Biggar, SK. This productive land features Class 2-3 thin black to dark grey soil (Mayfair, Meeting Lake, and Lorenzo associations) with a loam texture and moderate to strong sloping topography.
Land Breakdown:
· 537 acres cultivated grainland
· 66 acres aspen pasture
· 37 acres wetlands/slough
· Crop Insurance Rating: H
· Final Weighted Soil Rating: 50.1
Investment Potential:
· Lease: Rental agreement in place until Dec 31, 2027
o Annual income: Approx. $30,600
Pricing & Assessment:
· Total Acres (ISC): 647
· SAMA Total Acres: 640
· 2021 Assessed Value: $749,800
· Price: $1,500,000
o $2,320 per title acre | $2,793 per cultivated acre
· P/AV Multiple: 2.00