11 Quarters with Oil Revenue

Here is a rare opportunity to purchase 11 quarters with a significant income of $164,800 from 51 surface leases. The land is located 7 miles North of Carievale in the Rm of Storthoaks. There is a total of 1745.21 acres currently in alfalfa. The soil classes are 9 (H), 1 (J) and 1(K). The total assessment is $2,700,300. The income from the alfalfa ranges year to year from $70,000 - $80,000. The land was in cultivation and could be put back into production. According to SAMA there are 1245 cultivated acres and more acres could certainly be broken. There is one fenced quarter that is used for pasture with an older yard site with power, no value was given to the yard site. For an investment there is lots of value with passive income of approximately $245,000 per year which equates to over a 453% return on investment. This land is available for the 2026 Crop year.

"Based on information submitted to Saskatchewan REALTORS® Association as of June 11, 2026 6:15 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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11 Quarters with Oil Revenue

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Vera Van der Luit

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11 Quarters with Oil Revenue

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