Property Details

70054 TWP RD 715
Grande Prairie (A2348817)

$1,999,900
4
2
1,170 ft²
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

INCREDIBLE INVESTMENT & DEVELOPMENT OPPORTUNITY! 156 acres bordering the new Highway 43X bypass with pavement right to the driveway, offering outstanding exposure and huge long-term industrial and commercial development potential along one of Northern Alberta’s busiest transportation corridors. Recently annexed into the City of Grande Prairie and positioned in the path of future growth, this property provides investors the opportunity to generate income while planning and engineering future development, with approximately $68,200/year in current potential revenue from the house and shop rental ($5,000/month), farmland rent ($4,000/year), and surface lease revenue ($4,200/year). The attractive approximately 5-acre main yard site features a 1,176 sq. ft. 4-bedroom, 2-bathroom home, 42' x 60' heated shop, 1,200 sq. ft. workshop, large open-sided machine shed, detached double garage, and additional outbuildings, providing the option to continue renting or live on site and operate your business. Approximately 100.56 acres are currently cultivated, and a second established yard site with its own driveway, previously home to a mobile residence, offers additional future possibilities including another residence or potential subdivision, subject to City approval. Currently zoned AG with 2025 property taxes of only $2,244.42, this is a rare opportunity to secure a full quarter with substantial existing infrastructure, multiple income streams, exceptionally low holding costs, Highway 43X frontage, and significant future development potential within the growing City of Grande Prairie.

Property details

Basic Info

MLS® #
A2348817
Property Type:
Residential
Subtype:
Detached
Subdivision:
NONE
Price
$1,999,900
Sale/Lease:
For Sale
Size:
1,170 sq.ft.
Bedrooms:
4
Bathrooms:
2
Year Built:
1966 (60 years old)

Building Info

Structure Type:
House
Building Style:
Acreage with Residence, Bungalow
Garage:
Yes
Parking:
Additional Parking, Double Garage Detached, Gravel Driveway, Quad or More Detached, Triple Garage Detached
Basement:
Full
Features:
See Remarks
Inclusions:
APPLIANCES
Appliances:
See Remarks
Laundry:
Other
Exterior Features:
None
Patio/Porch Features:
None
Outbuilding Notes:
42X60 HEATED SHOP, MACHINE SHED, OLDER 1200 SQFT SHOP

Neighborhood Info

Nearby Amenities:
None

Lot / Land Info

Lot Size:
156.00 acres
Lot Features:
Lawn, Many Trees
Legal Land Desc:
36-71-7-W6
Zoning:
AG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Wood Frame
Floors:
Other
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
None

Listing Info

Possession:
By Date Specified,Negotiable
Days on Market:
36
Your Realtor®

Bobbie-Jo McLeod

Grassroots Realty Group
780-505-2159

Email

Ask About This Property

"*" indicates required fields

Share This Listing
Related Properties