About Rm 320 Oakdale Farmland - 795 Acres (sperling)
RM 320 Oakdale – 5 Quarters Farmland with Oil Surface Revenue
Delayed Presentation of Offers: No offers will be presented prior to September 30, 2025 at 3:00 p.m.
Excellent opportunity to acquire 5 quarters (795 acres) of productive farmland in RM 320 Oakdale, southwest of Kerrobert, SK. The land is predominately cultivated and considered to be in excellent condition. The property generates $36,990 annually in oil surface lease revenue.
Block 1 (SW 36-33-24 W3 & NW 36-33-24 W3): 320 acres with 313 cultivated acres, sandy loam and loamy sand soils, Crop Insurance “P,” large dugout, and $29,497 annual lease revenue.
Block 2 (SE 12-33-24 W3, NE 12-33-24 W3, NW 12-33-24 W3): 480 acres with 433 cultivated acres, clay soils, Crop Insurance “J” and “H,” $7,495 annual lease revenue, plus yardsite with 40x60 quonset and 2 grain bins (2 addiitonal bins are excluded from the sale and will be removed).
Total 795 title acres including 746 cultivated acres, $1,182,400 total 2025 assessed value, average soil final rating of 42.1. $2,750,000 asking price includes $2,570,000 farmland price (2.17x 2025 assessment) plus $180,000 for improvements/surface lease.
