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Concession Rd 8 - Casselman- Manderley Sod Farm

1,053 Acres of Commercial Land in Casselman, ON K0A 1M0

Executive Summary

CBRE Limited (“CBRE”) is pleased to offer for Sale and Leaseback, the Casselman-Manderley Sod Farm (the “Property,” “Site” or
Offering”) on behalf of our client, Manderley Turf Products Inc. (“Manderley”).
The Offering presents a very rare opportunity to acquire on a sale lease back basis a professionally managed and operated sod farm of scale. Located within the United Counties of Prescott Russel, approximately 5 km south of the Town of Casselman, the Property is a total 1,053 acres of commercial farmland.
The Property is a contiguous block that has several significant improvements including tile drainage at 200 foot spacings, permit to take water, a six (6) tower Reinke lateral irrigation system, and finally in 2018 a $530,000 investment was made to construct a six (6) acre irrigation reservoir.
Manderley is held in a portfolio by Market Maker Agriculture, a long-term private equity company that invests in agribusinesses across North America. Manderley wishes to partner with the purchaser on a long-term leaseback and continue to farm the Property for the foreseeable future. Lease terms of 5 to 20 years will be considered with built in options to extend.

Property Facts

Sale Type Investment
Sale Conditions Sale Leaseback
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1,053.00 AC

1 Lot Available

Lot

Lot Size 1,053.00 AC

1,053 AC sod farm for sale in Casselman, ON.

Description

PROPERTY DETAILS LOCATION: The subject property is located in The Nation Municipality in the United Counties of Prescott Russel, 5 km south of the Municipality of Casselman. MUNICIPAL ADDRESS: Route 900 TOTAL ACREAGE: 1,053 acres TILLABLE ACREAGE: 1,047 acres PINS: 690190070, 690190062 ZONING : A- Agricultural Zone PROPERTY TAXES (2023): $39,812.51 LEGAL DESCRIPTION: LT 1-3 CON 10 CAMBRIDGE; PT LT 4-6 CON 10 CAMBRIDGE AS IN BS11694 EXCEPT PT 1, 50R8363 LYING S OF THE RAILWAY; THE NATION MUNICIPALITY T 3-5 CON 9 CAMBRIDGE LYING S OF THE RAILWAY; THE NATION MUNICIPALITY

  • Listing ID: 31934819

  • Date on Market: 5/27/2024

  • Last Updated:

  • Address: Concession Rd 8, Casselman, ON K0A 1M0

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