Cymric 318 acs Grain Farmland

Description

This half-section of grain farmland is located 3 miles east and � mile north of Cymric. The grain farmland parcels possess a productive class 3 dark brown soil (Scott association) with a clay loam texture and is predominately cultivated (93%). SAMA indicates there are 295 cultivated acres but there are likely another 5 acres being cropped and potential to bring more into production. There are some stones and stone piles which consistent with the area. There is a gentle southward slope to the property. Overall, the farmland is considered to be an above-average property for the general area. The farmland has been rented for many years. In 2024 it was seed to wheat and peas. The tenant has a bag of canola on the NW parcel and will remove the store crop before seeding time. Old Yard Site There is a vacant yard site in the SW corner of the NW-29-26-21-W2. Next to the cultivated acres, there are 4 steel grain bins, 2 with hopper bottoms, which are included. They are small and are estimated to store 10,000 bushels in total. There is an old well somewhere in the yard. Access The property has good access with seasonal gravel roads running north-south on both east and west sides. The Seller would like access to the property on occasional to walk with her dog, particularly in the old yard site. The property has sentimental value, and she would like to be able to walk on it with her dog. Farmland & Price Summary 2 parcels 318.8 title acres (ISC) 300 reported seeded acres SAMA Information 318 total acres 295 cultivated acres 23 wetland/bush acres $428,600 total 2021 assessed value (AV) $215,648 average assessment per 160 acres 54.1 soil final rating (weighted average) $900,000 Farmland Price $2,823 per title acre (ISC) $3,051 per cultivated acre (SAMA) 2.10 times the 2021 assessed value (P/AV multiple) $0 Buildings, Bins, and Improvements

Listing courtesy of Hammond Realty