616 Acres In Rm Of Paddockwood No.520 Paddockwood Rm No. 520, Saskatchewan S0J 1Z0

$690,000

Great opportunity to purchase 4 quarters farmland in RM of Paddockwood #520. These are 4 contiguous quarters within on block making for ease of farming and management. Beside these 4 quarters land are all weather gravel road. From ISC, there are 616 acres. From SAMA, the total assessed value is 484300, the cultivated acres are 405. Total waste land is 180 acres. Total pasture land is 12 acres and aspen/coniferous is 17 acres. From SCIC, the soil classes are L, L, K, and J. There is a yard site on NE-4-54-25-W2, the house has been moved out by the previous owner about 4 years ago. So, the new buyer can put a house on the yard site again. There is an oral year-to-year lease agreement, that is: for hay production, the landlord gets 1/3 and the tenant gets 2/3, and the tenant pays for all inputs. Before 2022, all the land is used for hay production. But the current tenant has been converting land back to grain production starting in 2022. The seller can terminate the current oral lease agreement if the land is sold. So, the buyer can make his/her full decision about how to use the land, lease it out or use it by themselves. There are a workshop and three bins, they will go with the land together. Some bushes or trees on the land. Some or most of them could be cleaned. If do so, it will dramatically increase the land value and get much more cultivated acres, and much more yield for hay or for grain production. A local farmer would like to rent these lands for long term. There is another listing SK920482 which is 1 mile away for sale too. (id:42386)

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https://www.realtor.ca/real-estate/25304339/616-acres-in-rm-of-paddockwood-no520-paddockwood-rm-no-520