$1,100,000
$1,180,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
320 Acres Lot
SOLD DATE : 01/22/2024
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2099487
Sold Date 01/22/24
Originating Board Central Alberta
Annual Tax Amount $994
Tax Year 2023
Lot Size 320.000 Acres
Acres 320.0
Property Sub-Type Agriculture
Property Description
Investment Opportunity: 320 Acres of Prime Farmland and Oil Leases Location: NE 17-77-21-W5 & NW20-77-21-W5, South of Falher, Alberta Overview: Discover the perfect opportunity to invest in Alberta's thriving real estate market. We are offering two exceptional 1/4 sections of land, totaling approximately 320 acres, located just south of the charming town of Falher. This property boasts fertile farmland and valuable oil leases, making it an ideal investment for local farmers and savvy investors. NW Quarter (Parcel A): • Location: West of RR213, off TWSP road 774, approximately ½ mile. • Size: Approx. 160 acres • Location: Situated 3 miles off the highway on the west side of the road. • Size: Approx. 160 acres • Additional Info: This parcel offers an excellent investment opportunity. The oil leases on the Land provide an additional stream of income. Income Potential: Both parcels have lucrative oil leases that pay very well. Don't miss this chance to invest in the future while enjoying immediate returns from rental income and oil leases.
Location
Province AB
County Smoky River No. 130, M.d. Of
Zoning AG
Exterior
Fence None
Present Use Agricultural
Others
Restrictions Call Lister
Tax ID 83581228
Ownership Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
As a real estate agent, Sheldons brings a strong passion and incredible dedication to ensuring real estate buyers and sellers achieve their goals in a smooth and fulfilling process. Growing up in a family of Real Estate Professionals, Property Managers, and Real Estate Investors, Sheldons gained valuable knowledge about real estate transactions. He nurtured a deep love for the industry from a young age. Given his background, he always desired to venture into the industry to give his clients a positive, rewarding, and financially satisfying real estate experience.
Determined to help his client navigate the complex and competitive market with ease, Sheldons seeks to guide, advise, and educate clients, in order to empower them to make wise and well-informed choices. He strives to go over and beyond to help buyers find their perfect homes and assist sellers in marketing their properties for top dollar. For Sheldons, there is nothing more fulfilling than seeing the smile and the look of satisfaction on his client’s face after a successful closing.
When you entrust Sheldons with your real estate dreams, you can be confident that he won’t rest until he turns them into reality.