38129 Range Road 270, Rural Red Deer County

$5,280,000

2 Beds
1 Baths
900 Sqft
0 Garage Size

Excellent Development Opportunity. “Don’t wait to buy land. Buy land and then wait.” This 160 acre property has potential for development opportunities to allow you to see high returns on your initial investment. Located in the designated 'GROWTH AREA' right next to Red Deer City limits. Crop land is currently rented, and renter would consider renting land again next year, terms to be negotiated with buyer. One seller has caveat on title allowing him to stay in his home on the property after the sale; therefore the home has not been measured as seller has a life lease in place. Property is being offered as land for sale for a future development parcel.

Essential Information
MLS® #CA0147648
Price$5,280,000
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage900
Acres160.00
TypeFarm
Sub-TypeFarm Land Only
StyleBungalow
StatusActive
Community Information
Address38129 Range Road 270
CityRural Red Deer County
CountyRed Deer County
ProvinceAB
Postal CodeT4E 1L3
Interior
HeatingFurnace - Forced Air - 1
Exterior
RoofShingle - Asphalt
ConstructionSee Remarks
FoundationSee Remarks
Additional Information
ZoningAG
Office

Realty Executives Alberta Elite

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