2 Quarters - Oungre, SK Area RM #7 - Oil Surface Lease Revenue

Oungre, SK S0C 1Z0
$1,100,000
For Sale
  • Oungre, SK S0C 1Z0
  • 1,100,000

Description

FARMLAND FOR SALE
Oil Surface Lease Revenue
Oungre – SK Area
RM of Souris Valley #7

ISC Acres: 319.84
SAMA Cultivated Acres: 302
2021 SAMA Assessed Value: $575,700
Includes One Oil Surface Lease Currently Generating $3,400/year of Income!
Legal Land Descriptions:
SW 10-1-15 W2 & NW 3-1-15 W2

A contiguous half section of farmland with oil surface lease revenue located southwest of Oungre, SK in the RM of Souris Valley #7.

The land is in the dark brown soil zone. SAMA field sheets identify 302 cultivated acres comprised of Sutherland Clay soil with a final rating weighted average of 70.94! SCIC soil classes are ‘H’ and ‘J’.
Available to be farmed by the Buyer for the 2025 crop season.

There is one oil surface lease that is included with this land.

The climate in the Oungre area allows for a wide variety of crops to be grown including durum wheat, spring wheat, canola, peas, lentils, chickpeas and more!

TENDER SUBMISSION DETAILS

Offers to purchase to be submitted to the Seller’s Brokerage in writing by 12:00PM on Tuesday February 4, 2025 and to be open for acceptance by the Seller until 5:00PM on Friday February 7, 2025.
Highest or any offer not necessarily accepted.

CONTACT LISTING AGENTS TO LEARN MORE!

Devan Sheppard
Associate Broker/Realtor
Cell: 306-530-4577
[email protected]

Harry Sheppard
Broker
Cell: 306-530-8035
[email protected]

SHEPPARD REALTY CORP.
Office: 306-352-1866
[email protected]
Regina, SK

FARM & RANCH REAL ESTATE. IT'S WHAT WE DO.

Show More

Details

  • Size (acres):
  • For Sale By: Professional

Location

Similar Properties