Acreage
$1,895,000
Strategic Urban Fringe Investment | 159 Acres at Olds Town LimitsRare opportunity to secure a premier quarter section (159.0 acres) situated on the immediate southwest boundary of Olds, AB. This highly productive parcel offers the perfect synergy of agricultural income, immediate residential potential, and long-term urban-fringe appreciation.Land & Production: Features approximately 92 acres of high-quality cultivated cropland, with the balance in lush pasture and a mature, treed yard site. Whether you are expanding your agricultural portfolio or seeking a massive private estate, the land is as productive as it is beautiful.Infrastructure & Income: The yard site is accessed via dual approaches directly off pavement and is fully serviced with power, a drilled water well (8 g.p.m.), a steel quonset with power & concrete floor, a traditional red barn with steel roof, and two steel grain bins. Benefit from immediate cash flow with rental income (Ag land & old house tenants in place until Oct 31, 2026), providing a steady ROI while you finalize your development or building plans.Future Potential: Situated in the path of growth, this property offers significant subdivision potential (subject to county approval), including the original yard site or a possibly a naturally severed parcel in the SW corner. List price is strategically based on land value, services, and outbuildings—the existing home is rented but requires substantial maintenance/repairs and upgrading throughout. Invest for the future; build for the generations. Opportunities of this scale on the doorstep of town limits are a rare find. (id:63982)
Property Details
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MLS® Number
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A2287957 |
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Property Type
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Vacant Land |
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Features
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See Remarks, Wetlands |
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Road Type
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Paved Road |
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Structure
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Barn |
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View Type
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View |
Building
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Age
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Age Is Unknown |
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Utility Power
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Single Phase |
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Utility Water
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Well, Private Utility |
Land
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Acreage
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Yes |
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Fence Type
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Partially Fenced |
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Size Irregular
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159.00 |
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Size Total
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159 Ac|80 - 160 Acres |
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Size Total Text
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159 Ac|80 - 160 Acres |
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Zoning Description
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1 |