Rural Address, Enterprise Rm No 142, SK S0N 2E0

$6,800,000

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List Price
$6,800,000
Days on Market
2
Status
ACTIVE
MLS® #
SK052782
Acres
2706.40
Area
Enterprise Rm No. 142

Property Description

Located near Richmound in the RM of Enterprise No. 142, this 2,706-acre grain farm comprises 17 closely grouped quarter sections. The 17 quarters are available on their own or together with the separately listed Quinlan yard quarter (NW 14-17-29 W3), giving buyers the option to purchase all 18 quarters as a 2,867-acre package. The 17-quarter property lies within three miles of the Alberta border and approximately 90 kilometres northeast of Medicine Hat. SAMA reports 2,609 cultivated acres, or approximately 96% of the land base. The soils are predominantly Fox Valley clay loam and silty clay loam, with SCIC classifications ranging from H to K and an average SAMA assessment of approximately $270,000 per 160 acres. This property generates more than $62,000 in annual surface lease income and include three grain bins with a combined capacity of 9,800 bushels. Farmland & Price Summary 17 parcels 2,706 title acres (ISC) SAMA Information 2,706 total acres 2,609 cultivated acres 37 native pasture acres 60 wetland/bush acres $4,568,200 total 2026 assessed value (AV) $270,108 average assessment per 160 acres 46.3 soil final rating (weighted average) $6,800,000 Farmland Price $2,513 per title acre (ISC) $2,606 per cultivated acre (SAMA) 1.49 times the 2026 assessed value (P/AV​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ multiple)

Additional Information

Building Name
Richmound 2706 Acres Grain Farmland

Listing courtesy of Hammond Realty.

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