Rural Red Deer County, AB T0M 0V0,On Highway 595
See all 13 photos
Rural Red Deer County, AB T0M 0V0,On Highway 595
Rural Red Deer County, AB T0M 0V0,On Highway 595
Rural Red Deer County, AB T0M 0V0,On Highway 595
Rural Red Deer County, AB T0M 0V0,On Highway 595

$980,001

Est. payment /mo

$975,000

0.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

On Highway 595 Rural Red Deer County, AB T0M 0V0

151.3 Acres Lot

SOLD DATE : 04/04/2024

Key Details

Sold Price $980,001

Property Type Commercial

Sub Type Agriculture

Listing Status Sold

Purchase Type For Sale

MLS® Listing ID A2116178

Sold Date 04/04/24

Originating Board Central Alberta

Annual Tax Amount $318

Tax Year 2023

Lot Size 151.300 Acres

Acres 151.3

Property Sub-Type Agriculture

Property Description

Welcome to your opportunity to own a prestigious quarter of farmland located just 15 miles east of the city of Red Deer, conveniently positioned along Hwy 595. This exceptional property, encompassing approximately 151.30 acres of rolling terrain, offers a rare opportunity for discerning investors and agricultural enthusiasts alike.
Boasting approximately 144.58 cultivated acres of prime Number 2 soil, this parcel is renowned for its fertility and versatility. With little limitation for growing wheat, oats, barley and canola, this land presents an ideal canvas for cultivating bountiful crops and maximizing agricultural productivity.
In addition to its fertile acres, this property features approximately 6.72 acres of pastureland. Bounded by Hwy 595 to the north and Range Road 244 to the west, this parcel ensures convenient access and prominent visibility, enhancing its desirability and potential for future development.
What sets this property apart is its unique offering of immediate rental income. Currently rented at an attractive rate of $20,000 for the 2024 crop year, this investment opportunity provides immediate returns while allowing ample room for future growth and development.
Whether you're seeking a lucrative investment opportunity, a picturesque agricultural estate, or a strategic addition to your farming portfolio, this quarter of farmland presents endless possibilities. Seize the opportunity to own a piece of Alberta's rich agricultural landscape and embark on a journey of prosperity and success.

Location

Province AB

County Red Deer County

Zoning AG

Exterior

Present Use Agricultural,Farm,Plantable

Building

Lot Description Rolling Slope

Others

Restrictions None Known

Tax ID 84148341

Ownership Private

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Coldwell Banker Mountain Central
agent

Sam Elsom

Agent

+1(403) 813-1276

GET MORE INFORMATION

Name
Phone*
Message