538 Avenue W, Rural Foothills County, AB T0L1H0
538 Avenue W, Rural Foothills County, AB T0L1H0
538 Avenue W, Rural Foothills County, AB T0L1H0
538 Avenue W, Rural Foothills County, AB T0L1H0
538 Avenue W, Rural Foothills County, AB T0L1H0
538 Avenue W, Rural Foothills County, AB T0L1H0
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$ 1,450,000
Est. payment | /mo

155.34 Acres Lot


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$ 1,450,000
Est. payment | /mo
Save

155.34 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2334634

Lot Size 155.340 Acres

Acres 155.34

Property Sub-Type Freehold

Property Description

Exceptional opportunity to acquire 155.32 acres in one of Foothills County's most desirable rural locations, ideally situated between Longview and Hartell along the renowned Highway 22 corridor. Currently utilized as productive pastureland for cattle grazing, this property offers an attractive combination of agricultural use, investment potential and recreational appeal. Generating over $15,000 annually in oil and gas surface lease revenue, together with additional pasture rental income, this quarter provides meaningful annual cash flow while maintaining its long term ownership appeal. The property is bordered on the east by Highway 22 and enjoys access via 538 Avenue W. A drilled water well is located on the property, together with a natural spring that provides a secondary water source for livestock. The gently rolling foothills topography offers several locations with exceptional west facing mountain views, creating an outstanding rural setting. The property contains active oil and gas infrastructure, including well sites, lease roads and underground pipelines. While the parcel remains agriculturally zoned and future development opportunities may exist, purchasers contemplating future construction should satisfy themselves with respect to building locations and any applicable setback or regulatory requirements. Whether you're expanding an existing cattle operation, adding an income producing land investment to your portfolio, or securing a premium Foothills holding for the future, this property presents an exceptional opportunity in a highly sought after location. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

Fence Cross fenced, Fence

View Y/N Yes

View View

Attached Garage No

Garage No

Private Pool No

Others

Ownership Freehold

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Listed by Century 21 Foothills Real Estate

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Kim Avery
Kim Avery

Agent

+1(403) 617-2879

67 Valley Ridge Green NW. Calgary, AB. T3B 5L5, Calgary, Alberta T3B 5L5, CAN

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538 Avenue W