This parcel of 127.1 titled acres is located 2.5 miles south of Highway 16 on Range Road 20 in the County of Vermilion River. The CVR property profile designates 116 as cultivated; however, this may vary from year to year with climate conditions and agronomic practice. Soil Final Rating of 64. 2024 crop was corn. Outgoing tenant is willing to stay. The asking price of $775,000 was established as follows: $6,098 per title acre or $ 6,681 per cultivated acre. 2023 CVR FAV is $27,470 with an assessment to sale price ratio of 28. There is a drainage ditch easement in northwest corner with access provided to the interior field. The Cenovus surface lease registered on title has been reclaimed and is currently in the vegetation monitoring and assessment phase. The access road to SW 24 on the south boundary provides some continuing annual revenue. A five-acre parcel (bare land) in the southeast corner of the quarter is also available from the same vendor. This is a rare opportunity to purchase land close to Lloydminster. A detailed information package is available from the listing office.
Listing Brokerage: RE/MAX OF LLOYDMINSTER