Mayfair 343 acres Grain Farmland

Description

Half section of grain farmland located northeast of Mayfair in the RM of Meeting Lake No. 466. SAMA reports 261 cultivated acres. The soil features a loam texture and is classified under the Mayfair soil association. The property offers excellent full-season access. The SE 01-47-11 W3 has a tenancy in place for the 2026 growing season. The SW 01-47-11 W3 has a tenancy in place for the 2026, 2027, and 2028 growing seasons. The land is currently farmed by an excellent tenant who has been a strong steward of the property. This half section presents a strong expansion opportunity for producers in the area or an investment opportunity for those seeking productive farmland with established tenancy. Farmland & Price Summary 2 parcels 343 title acres (ISC) SAMA Information 344 total acres 261 cultivated acres 83 wetland/bush acres $455,000 total 2025 assessed value (AV) $211,628 average assessment per 160 acres 46.3 soil final rating (weighted average) $783,000 Farmland Price $2,284 per title acre (ISC) $3,000 per cultivated acre (SAMA) 1.72 times the 2025 assessed value (P/AV multiple)

Listing courtesy of Hammond Realty