$1,422,000, 395.3 Acres
About This Property
Located approx. 13 miles north east of Saskatoon, this block of farmland presents an excellent expansion, investment or development opportunity. It is comprised of a productive Elstow Clay Loam soil and is considered to be in good condition. The Seller states there are 319 cultivated acres (SAMA records indicate 303 cultivated acres). It is currently rented until Dec. 31, 2018 with an attractive lease rate (call for details). It is accessed on the south and north sides by seasonal roads coming in from the west. They will most likely be blocked in the winter. The property is bordered to the east by Porter Lake presenting some amazing scenic views. The yard site located by Porter Lake on the NE 25-37-3-W3 is NOT INCLUDED (different owner). Driving Directions: 7 miles East of Junction #41 and #5 on Highway #5, turn left (north) on Old 27 Rd, travel 3.5 miles, turn right (east) on Gun Club Rd (gravel road), travel 2 miles, turn left (north) travel 0.5 miles, turn right (east) down seasonal road (likely blown in), travel 0.5 miles to SE corner of SE 25-37-3-W3. Farmland & Price Summary 3 Parcels 395 Title Acres (ISC) 319 Cultivated Acres (Seller) SAMA Information 386 Total Acres 303 Cultivated Acres 83 Wetland/Bush Acres $194,900 Total Assessed Value (2016) $80,788 Average Assessment per 160 Acres $427,800 Total Assessed Value (2017) $177,326 Average Assessment per 160 Acres 65.6 Soil Final Rating (Weighted Average) $1,422,000 Farmland Price $3,598 per Total acre (ISC) $4,693 per cultivated acre (SAMA) $4,458 per cultivated acre (Owner) 3.32 times the 2017 Assessed Value
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