538 Avenue W Rural Foothills County, Alberta T0L 1H0

$1,450,000

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:52784)

Property Details

Building

Land

https://www.realtor.ca/real-estate/30115068/538-avenue-w-rural-foothills-county