Originally posted by makar
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Was told by a landowner at Sylvan Lake, offers started at $500 and went to $1000. She feels she makes $500 on that dirt farming it.Originally posted by LEP View Post
I was offered $400 an acre annual rent. But they were basically destroying future productivity of the land for that price.
The contracts were dangerous garbage.
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My bad. Sorry about that. I misread what you were saying. $400/acre is for loss of use for what acreage is leased .Originally posted by LEP View Post
I was offered $400 an acre annual rent. But they were basically destroying future productivity of the land for that price.
In addition there is $2100.00 annual. Typical three acre site, $3300.00.
Quarter sale today - $713,500.00. Getting more interesting as sales come up.
Oilfield needs to adjust rates to keep up to land sales.Last edited by checking; Mar 14, 2024, 15:19.
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Yes. Land covered in white rock and panels. They said panels generated on both sides.Originally posted by checking View Post
My bad. Sorry about that. I misread what you were saying. $400/acre is for loss of use for what acreage is leased .
In addition there is $2100.00 annual. Typical three acre site, $3100.00.
Quarter sale today - $713,500.00. Getting more interesting as sales come up.
As rent goes that's fine. But could never be remediated IMO.
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Got some feedback on sale looks like some 1/4 's in that 120k range others maybe a bit cheaper. Seems split up to several neighbors which the seller wanted to happen which is good. 2 1/4's sold to huts next door likely brought more than that. My next door neighbor has pasture close to this land and says 25 pairs would be a stretch more like 15-20.
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