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Listed by Xiaofeng Wang • NOA Realty
$ 4,650,000
Est. payment /mo
Active
Rural Address Lampman, SK S0C 1N0
1,719.68 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Grain
Listing Status Active
Purchase Type For Sale
MLS Listing ID SK020732
Lot Size 1719.680 Acres
Acres 1719.68
Property Sub-Type Grain
Source Saskatchewan
Property Description
Fantastic 11 quarter farmland in RM of Browning No.34. This grain farmland is predominately cultivated (90%). From ISC, there are 1720 acres. From SAMA, the total assessed value is $2,892,700, the cultivated acres are 1556. Total waste land is 168 acres. $268,589 average assessment per 160 acres. 51.68 soil final rating (weighted average). $4650000.00 listing price. $2703 per title acre (ISC). $2988 per cultivated acre (SAMA). 1.61 times the 2025 assessed value. Soil Class is “J“ on 8 quarters, “K” on 3 quarters as per SCIC. Current revenues include annual crop rent of $126608+GST, plus annual surface lease of $27275. As a result, the total passive income $153883 per year which is 3.3% return on investment. These 11 quarters are quite close, 5 quarters in a block, another 4 quarters in a block, the remaining 2 quarters in one block.
Location
Province SK
Rooms
Basement Full Basement, Unfinished
Interior
Heating Electric
Exterior
Exterior Feature Other
Fence Some
Roof Type Other
Topography Flat
Building
Sewer None
