19.65 Acres Lot
19.65 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID A2295627
Lot Size 19.650 Acres
Acres 19.65
Property Sub-Type Residential Land
Property Description
The site is a proven cash-flowing asset running at 100% capacity,supported by a lean expense base and strong NOI growth potential. With nearly $1.2 million invested in site development,infrastructure,and upgrades including a 4-acre drainage pond and improvements to the on-site residence,this is a best-in-class operation ready for a new owner from day one.
A live-in manager currently oversees the property in exchange for accommodation,keeping overhead low and providing the on-site presence that clients value. The property also includes an accessory building housing a double garage,workshop,storage,and office.
Adjacent to the rapidly growing Hotchkiss and Sora communities with direct access to Highway 22X and Stoney Trail,this is a rare dual-horizon asset. Steady income now,significant development upside ahead. The RV storage Development Permit is valid to 2030,and extensions are likely achievable for as long as the surrounding land remains ahead of the city's development wave,meaning a new owner can expect a long,uninterrupted income runway right up until the land itself becomes the opportunity.
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Location
Province AB
County 0046
Zoning S-FUD
Interior
Inclusions Washer, dryer, stove, microwave, fridge, /
Fireplace No
Exterior
Exterior Feature Fire Pit, Garden, Playground, Storage
Fence Fenced
Water Access Desc Well
Garage No
Building
Lot Description Yard Drainage
Water Well
Others
Restrictions None Known
LOCATION AND NEARBY PROPERTIES
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REVIEWS
My husband and I recently purchased a home in Airdrie with Justin Newman and couldn't be happier with our experience! He guided us through the whole process, was incredibly helpful in answering questions, and went above and beyond to make sure the whole process was stress free and seamless. He was always available for phone calls and helped us navigate every aspect of the purchase (showings, home inspection, condo doc read, lawyers etc.). We highly recommend Happy House Hunting and Justin for a realtor in the Calgary area and will definitely be using him again!
