Main Photo: Range Road 213 N/A Range NE: Falher Commercial Land for sale : MLS®# A2086004
Photo 1: Range Road 213 N/A Range NE: Falher Commercial Land for sale : MLS®# A2086004
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Status:
Sold
Prop. Type:
Land
MLS® Num:
A2086004
Sold Date:
Jan 22, 2024
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.
Price:
$1,180,000
Property Type:
Land
Lot Size:
310.002 acre(s)
MLS® Num:
A2086004
Status:
Sold
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Listed by Real Broker
Data was last updated May 26, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$16,000
Min list price:
$6,450
Max list price:
$100,000
Avg days on market:
858
Min days on market:
12
Max days on market:
1,178
These statistics are generated based on the current listing's property type and located in Falher. Average values are derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.