For Sale · Land

243 Deeded Acres w/ Assignable Crown Lease RM 101, Terrell Rm No. 101

243 Deeded Acres w/ Assignable Crown Lease RM 101, Terrell Rm No. 101, SK S0H0E0

$550,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

98%

Lot Size

243.3 ac

About this property

Opportunity knocks near Crane Valley, SK area — a rare opportunity to acquire 243.30 acres of deeded land with the potential of securing an additional 160.20 acres of Crown grazing lease land (subject to Ministry of Agriculture approval). If you’re looking to expand your cattle operation by adding on responsibly grazed land with reliable water sources, look no further. The deeded land is currently seeded to tame hay but could be put back into crop production, or keep the land in its current state and utilize the property for grazing livestock. The 243.30 acres of deeded land feature J & K SCIC soil class ratings, 145 SAMA cultivated acres and 84 SAMA native acres. There are 160.22 acres of Crown lease land which are not for sale but may be assignable to a qualified Buyer subject to approval by the Ministry of Agriculture. Buyer to due their own due diligence regarding their eligibility for assuming the Crown lease, and Seller/Sellers agent do not imply or guarantee any such approval. The property features perimeter 3 strand barbed wire fencing. Water is key for grazing, and this property is well-serviced with access to Lake of the Rivers and one dugout which is fed by a combination of a spring and runoff. The Crown lease grazing land may be assigned to a qualified buyer upon approval by the Ministry of Agriculture for a modest annual lease fee. Abundant water supplies, responsibly grazed land & the opportunity to add Crown lease land combine to make this an affordable opportunity to grow your cattle operation. (id:66811)

Financial sandbox

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Estimate
Purchase price$550K
Down payment30% · $165K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$23K

Annual cash flow

$-7K

Cash-on-cash

-4.55%

DSCR

0.75

Going-in cap

4.18%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

45,349

Households

19,543

Median income

$101,000

Median age

32.5

Daytime population

65,301

5-yr growth

8.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 243 Deeded Acres w/ Assignable Crown Lease RM 101, Terrell Rm No. 101.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.