240142 Rr 275, Rural Rocky View County, Alberta T0J 1X0

Listed for:
$4,488,000
0 beds
0 baths
Listed 131 days ago
240142 Rr 275, Rural Rocky View County, Alberta T0J 1X0

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Listing provided by:
First Place Realty
MLS® number:
A2084493
Agent:
Ed Kwan
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About

136 acres of land, 1.6km from Hwy 1. On the proposed Sunbelt The Sunbelt is an opportunity for four municipalities (Chestermere, Rocky View County, Wheatland County and Strathmore), the Provincial government, and the land and business owners in the area to work together on AIC (Agricultural Industry Corridor) which will increase the tax revenue of each municipality. Under the Sunbelt Plan, each municipality will collect its own taxes and enjoy an ever increasing source of income. This is definitely a win-win situation for everyone involved, land owners included. De Havilland Canada already purchased land in the area and proposed a manufacturing and assemble hub with a test flight runway which will create hundreds of jobs during the development phase, along with the estimated 1,500 jobs De Havilland Field would generate. Wheatland County council passed second and third reading to make textual amendments to its West Highway 1 Area Structure Plan and Land Use Bylaw for the proposed De Havilland Field aircraft manufacturing facility. The industrial land near the De Havilland is selling at $300k/ac. We are offering at a fraction of the price (1/10th). The subject land is currently zoned AG, usage such as mushroom farm or growing vegetables are ideal. Hold it while waiting for multifold appreciation should be the goal, ideal place to park your money. It will appreciate, just a matter of how soon, the province already spent millions for building an interchange at Hwy 1 and Hwy 797. To improve traffic for the anticipated commercial activities in the area. Take action today, call your favorite realtor. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Airport

Location

Summary

Located just 1.6km from Hwy 1, this property boasts 136 acres of land and is situated on the Sunbelt, currently in the application process to the East Highway 1 ASP. The Sunbelt presents an exciting opportunity for collaboration between four municipalities (Chestermere, Rocky View County, Wheatland County, and Strathmore), the Provincial government, and local land and business owners to develop an Agricultural Industry Corridor (AIC) that will significantly boost tax revenue for each municipality. Under the Sunbelt Plan, each municipality will be able to collect its own taxes, leading to a steady increase in income for all parties involved, including land owners.

De Havilland Canada has already acquired land in the area and has plans to establish a manufacturing and assembly hub, complete with a test flight runway, which is expected to create hundreds of jobs during the development phase, in addition to an estimated 1,500 jobs once De Havilland Field is operational. Wheatland County council has also made significant progress by passing textual amendments to its West Highway 1 Area Structure Plan and Land Use Bylaw for the proposed De Havilland Field aircraft manufacturing facility. The industrial land near De Havilland is currently selling at $230k/ac, while this property is being offered at a fraction of the price, at $33,000/ac. The land is currently zoned AG, making it ideal for agricultural use such as a mushroom farm or growing vegetables. With the potential for significant appreciation in value, this property is an excellent investment opportunity.

Furthermore, the province has already invested millions in building an interchange at Hwy 1 and Hwy 797 to improve traffic flow for the anticipated commercial activities in the area. With all these developments in the pipeline, this property presents a prime opportunity for investment. Don't miss out - take action today and call your favorite realtor to learn more about this incredible opportunity.

This property, located at 240142 RR 275 in Rural Rocky View County, Alberta, is currently for sale. With a land size of 136.76 acres and convenient access to an airport, this property offers a unique investment opportunity in a rapidly developing area. The postal code for this property is T0J1X0.