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Farmland for Sale
—Detailed Information
Name: 
11 Quarters with Oil Revenue
Location: 
Storthoaks Rm No. 31
MLS#: 
SK011132
Acres: 
1,745.21
Original Price: $
5,500,000.00
Listing Price: $
5,500,000.00
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Basic Information
Property Type: 
Farm
Sub Property Type: 
Hay
Building Type: 
none
Buildong Style: 
none
Built Date: 
Selling: 
Land Only
Mineral Right: 
Nearest Town: 
Carievale
Details
No. RM Land Legal Descriptions Soil Assement Property Taxes Cultivated Acres Not Cultivated Acres Natural Grass Total Acres
1 Storthoaks RM No. 31 166038138 NW-09-04-31-1 241,000.00 113.00 36.00 0.00 149.34
2 Storthoaks RM No. 31 110325103 SW-09-04-31-1 240,300.00 118.00 42.00 0.00 160.78
3 Storthoaks RM No. 31 110325091 SE-09-04-31-1 240,300.00 118.00 42.00 0.00 160.69
4 Storthoaks RM No. 31 110325428 SW-17-04-31-1 272,900.00 128.00 30.00 0.00 158.56
5 Storthoaks RM No. 31 110324900 SW-04-04-31-1 218,800.00 110.00 50.00 0.00 160.30
6 Storthoaks RM No. 31 110325383 SW-16-04-31-1 229,400.00 100.00 60.00 0.00 160.80
7 Storthoaks RM No. 31 110325417 SE-17-04-31-1 209,300.00 122.00 38.00 0.00 160.43
8 Storthoaks RM No. 31 110325158 NW-10-04-31-1 235,000.00 83.00 15.00 62.00 160.12
9 Storthoaks RM No. 31 110325013 SE-07-04-31-1 284,000.00 133.00 25.00 0.00 158.73
10 Storthoaks RM No. 31 161752237 SE-18-04-31-1 261,000.00 87.00 19.00 50.00 156.83
11 Storthoaks RM No. 31 110325046 NE-07-04-31-1 268,300.00 123.00 35.00 0.00 158.63
12 Total 2,700,300.00 1,235.00 392.00 112.00 1,745.21
No. 1 2 3 4 5 6 7 8 9 10 11 12
RM Storthoaks RM No. 31 Storthoaks RM No. 31 Storthoaks RM No. 31 Storthoaks RM No. 31 Storthoaks RM No. 31 Storthoaks RM No. 31 Storthoaks RM No. 31 Storthoaks RM No. 31 Storthoaks RM No. 31 Storthoaks RM No. 31 Storthoaks RM No. 31 Total
Land Legal Descriptions 166038138 110325103 110325091 110325428 110324900 110325383 110325417 110325158 110325013 161752237 110325046
NW-09-04-31-1 SW-09-04-31-1 SE-09-04-31-1 SW-17-04-31-1 SW-04-04-31-1 SW-16-04-31-1 SE-17-04-31-1 NW-10-04-31-1 SE-07-04-31-1 SE-18-04-31-1 NE-07-04-31-1
Soil
Assement 241,000.00 240,300.00 240,300.00 272,900.00 218,800.00 229,400.00 209,300.00 235,000.00 284,000.00 261,000.00 268,300.00 2,700,300.00
Property Taxes
Cultivated Acres 113.00 118.00 118.00 128.00 110.00 100.00 122.00 83.00 133.00 87.00 123.00 1,235.00
Not Cultivated Acres 36.00 42.00 42.00 30.00 50.00 60.00 38.00 15.00 25.00 19.00 35.00 392.00
Natural Grass 0.00 0.00 0.00 0.00 0.00 0.00 0.00 62.00 0.00 50.00 0.00 112.00
Total Acres 149.34 160.78 160.69 158.56 160.30 160.80 160.43 160.12 158.73 156.83 158.63 1,745.21
Listing Agent Remarks
Here is a rare opportunity to purchase 11 quarters with a significant income of $161,650 from 51 surface leases. The land is located 7 miles North of Carievale in the Rm of Storthoaks. There is a total of 1745.21 acres currently in alfalfa. The soil classes are 9 (H), 1 (J) and 1(K). The total assessment is $2,700,300. The income from the alfalfa ranges year to year from $70,000 - $80,000. The land was in cultivation and could be put back into production. According to SAMA there are 1245 cultivated acres and more acres could certainly be broken. There is one fenced quarter that is used for pasture with an older yard site with power, no value was given to the yard site. For an investment there is lots of value with passive income of approximately $240,000 per year which equates to over a 4.3% return on investment.
Listing Broker:Sutton Group - Results Realty
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Justin Yin
Cell:306-2301588
Annie Wang
Cell:306-3618926
112 Reindeer Road Saskatoon, SK, Canada S7K 4R3
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