$980,001
$975,000
0.5%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
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
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