JN REAL ESTATE GROUP

NONE

LIST PRICE

$1,999,900

70054 TWP RD 715 , Grande Prairie · T8W 5J4

4 BEDROOMS · 2 BATHROOMS · 1,170 SQFT · BUILT 1966

MLS A2348817 · 0 DAYS ON MARKET

Interested in this home?

JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.

RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

INCREDIBLE INVESTMENT & DEVELOPMENT OPPORTUNITY! 156 acres bordering the new Highway 43X bypass with pavement right to the driveway, offering outstanding exposure and huge long-term industrial and commercial development potential along one of Northern Alberta’s busiest transportation corridors. Recently annexed into the City of Grande Prairie and positioned in the path of future growth, this property provides investors the opportunity to generate income while planning and engineering future development, with approximately $68,200/year in current potential revenue from the house and shop rental ($5,000/month), farmland rent ($4,000/year), and surface lease revenue ($4,200/year). The attractive approximately 5-acre main yard site features a 1,176 sq. ft. 4-bedroom, 2-bathroom home, 42' x 60' heated shop, 1,200 sq. ft. workshop, large open-sided machine shed, detached double garage, and additional outbuildings, providing the option to continue renting or live on site and operate your business. Approximately 100.56 acres are currently cultivated, and a second established yard site with its own driveway, previously home to a mobile residence, offers additional future possibilities including another residence or potential subdivision, subject to City approval. Currently zoned AG with 2025 property taxes of only $2,244.42, this is a rare opportunity to secure a full quarter with substantial existing infrastructure, multiple income streams, exceptionally low holding costs, Highway 43X frontage, and significant future development potential within the growing City of Grande Prairie.

DETAILS

TRANSACTION

TRANSACTION
For Sale

INTERIOR

BEDROOMS
4
FULL BATHS
2
HALF BATHS
0
LIVING AREA (SQFT)
1,170
FEATURES
See Remarks
APPLIANCES
See Remarks
FLOORING
Other
BASEMENT
Full
BASEMENT DEVELOPMENT
Finished

BUILDING

TYPE
Detached
STYLE
Acreage with Residence · Bungalow
YEAR BUILT
1966
NEW CONSTRUCTION
No
CONSTRUCTION
Wood Frame
ROOF
Asphalt Shingle
FOUNDATION
Poured Concrete

PARKING

GARAGE SPACES
10
PARKING
Additional Parking · Double Garage Detached · Gravel Driveway · Quad or More Detached · Triple Garage Detached

LOT & EXTERIOR

LOT SIZE (SQFT)
6,795,360
LOT SIZE (ACRES)
156
LOT
Lawn · Many Trees
EXTERIOR
None
PATIO & PORCH
None
FENCING
None

COMMUNITY

COMMUNITY
NONE
COMMUNITY FEATURES
None
ZONING
AG
POSTAL CODE
T8W 5J4

UTILITIES & COSTS

HEATING
Forced Air
COOLING
None
ANNUAL TAXES
$2,244

LISTING COURTESY OF DANIEL CRAM · SUTTON GROUP GRANDE PRAIRIE PROFESSIONALS

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.