Selling Online Oct 3, 2024 - 192 Acres - Edmonton, Ab

Not on MLS®

$1,500,000

For Sale: Land in Edmonton, AB

Listing Details

Permitted uses:

• Agricultural

Description

Urban County Line - 192 Acres For Sale - Edmonton, AB Selling Online Thursday, Oct 3, 2024 at 9:00am MDT The Price listed is the Starting Bid. See Website for Updates & Details. https://www.clhbid.com/auctions/urban-county-line/ With 192 acres of farmland that is considered amongst the crème de la crème of land located in the Greater Edmonton Area, ‘Urban County Line’ boasts an incredible location as well as top quality soil, according to Canada Land Inventory maps. Canada’s supply management system has been a staple in agriculture since the 1960s and is continually evolving and expanding, just as urban development is continually pushing further out from the core of cities. Both phenomena have significantly impacted the price of land, particularly around large urban centers. Farmland with a distinct urban influence historically outpaces other investments and parking money in a hard asset diversifies a portfolio and contributes to generational wealth. Land offers a serious return on investment while mitigating a portfolio’s overall risk, unlike many market-based investments in today's trading environment. 'Urban County Line' is located a stone's throw from the Anthony Henday Freeway and the Sturgeon Composite High School is located on the other side of the western property line. The Namao Elementary School is just down the road and there is an active preschool program available at the local Hall. There is excellent access from Highway 37, which runs the length of the southern border, as well as Range Road 242 on the eastern boundary. The average annual rainfall partnered with high soil quality and attractive degree-growing days, ensures that big crops are the order of the day - whether planting grain, oil seed, pulse, or forage. Investors looking to expand their portfolio into farmland and exploring subdivision opportunities will be interested in 'Urban County Line', given its high potential for development coupled with its ideal location on the north side of Edmonton: Alberta's capital city. The direct pavement access from Hwy 37 leads to a well-appointed and mature yard site located in the southwest corner of the Parcel. Whether looking for a family estate, or for potential subdivision opportunities, the new buyer will be able to weigh their options regarding how they would like to proceed with this oversized 192-acre Parcel of land. Situated on the west side of the fully paved driveway in this well-maintained yard sits an early twentieth century home that has the feel of a Southern estate. This unique, turn-of-the-century home has good bones and is ready for a buyer with a vision to bring it back to its glory days. The owner's 1,100 square foot home is situated on the east side of the driveway. This solid two-bedroom home with a basement includes several updates over the years. There are services in place, including a cistern for the water to the home, as well as a huge, productive garden – complete with raspberries, black currents, saskatoons, and apple trees right at your fingertips. The neighborhood feel of the Namao area is perfect for those who appreciate an active rural community and still desire the amenities of the city next door. After decades of planning and care, ‘Urban County Line’ is ready for the appreciation of a new owner. The topography of the farmland is ideal for today's large farm equipment and is ready for the autonomous equipment that will define farming in the future. Alberta Transportation owns approximately 12 acres on the southeast portion of the Parcel, currently bumping up the arable acres to the 200-acre range; the new owner may be able to secure the same agreement as they see fit. 'Urban County Line' is a rare offering in this 2024 market: premium farmland with an improved yard site that shows like a masterpiece. The surrounding scenic community is reminiscent of the Corner Gas television show set in southern Saskatchewan. ‘Urban County Line’ is being offered for sale via online escalating tender by CLHbid.com. Please check the website for updates from time to time.

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Location & nearby

This listing is located in Edmonton, AB

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