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Township Rd 261A - Rocky Ridge 281 Acres of Commercial Land Offered at $8,750,000 CAD in Rocky View No 44, AB T3R 1E5

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INVESTMENT HIGHLIGHTS

  • Sellers would look at vendor financing (VTB).
  • This land is extremely well situated to benefit from the continuing expansion around it
  • 281 ACRES of land. It is inside the Bearspaw Area Structure Plan.

EXECUTIVE SUMMARY

This area is being identified as a future residential growth area between Calgary and Bearspaw, Currently zoned AG, Prime development location. This property provides an excellent opportunity for a developer/investor. 281 ACRES of land. Sellers would look at vendor financing (VTB)

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL (CAD) ANNUAL PER AC (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per AC $9.99
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $99,999
Annual Per AC $9.99
Net Operating Income (CAD)
Annual -
Annual Per AC -

PROPERTY FACTS

Price $8,750,000 CAD
Sale Type Investment
Sale Condition Land Contract
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hold For Development
  • Master Planned Community
  • Planned Unit Development
Total Lot Size 281.00 AC
Zoning AG - Agricultural General

1 LOT AVAILABLE

Lot

Price $8,750,000 CAD
Price Per AC $31,138.79 CAD
Lot Size 281.00 AC

Currently zoned AG, Prime development location. This property provides an excellent opportunity for a developer/investor.281 ACRES of land. It is inside the Bearspaw Area Structure Plan.

DESCRIPTION

This area is being identified as a future residential growth area between Calgary and Bearspaw, Currently zoned AG, Prime development location. This property provides an excellent opportunity for a developer/investor.281 ACRES of land. It is inside the Bearspaw Area Structure Plan. .Located one mile north of the Calgary city limits near the northwest Calgary community of Rocky Ridge Ranch. Between Rocky Ridge Road and Range Road 23. .- This land is extremely well situated to benefit from the continuing expansion around it. With each major announcement, the land becomes more valuable. The MD of Rocky View has set records for development to meet strong real estate demand in the surrounding areas. This property a minute from Calgary.. This property is located within an approved Area Structure Plan () in Rocky View County Directions: located between 85 street and Rocky ridge road 1/2 mile from 144 Ave NW AT Conner of township road 261 A.

  • Listing ID: 28282735

  • Date on Market: 2023-04-20

  • Last Updated:

  • Address: Township Rd 261A, Rocky View No 44, AB T3R 1E5

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