1720 Acres Farmland In Rm Browning

For Sale New 7 Days
$4,650,000
1719.68 Acre

1720 Acres Farmland In Rm Browning

For Sale New 7 Days
$4,650,000
1719.68 Acre

Highlights

Key insights

Description

  • Land value ($/Acre)
    $3K/Acre
  • Time on Houseful
    new 7 days
  • Property type
    Agriculture
  • Lot size
    1719.68 Acres
  • Mortgage payment

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. (id:63267)

Xiaofeng Wang of NOA Realty,
#SK020732
updated 1 week ago.
Houseful checked MLS® for data 1 week ago.

Home overview

Amenities / Utilities
  • Heat source
    Electric
Exterior
  • Fencing
    Fence
Location
  • Directions
    1931941
Lot/ Land Details
  • Lot dimensions
    1719.68
Overview
  • Lot size (acres)
    1719.68
  • Listing #
    Sk020732
  • Property sub type
    Agriculture
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28987604/1720-acres-farmland-in-rm-browning-lampman
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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