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COURT ORDERED JUDICIAL SALE. The property is 148.18 acres of vacant land, located along Highway 8, adjacent the eastside of Range Road 40, with exposure from both frontage roads. The site contains a rolling topography, and contains partial mountain views. There are creeks running through the property, and there is a large irrigation right of way registered on title, comprising 36.89 acres and 12.30 acres, which are deemed undevelopable. right of way feature is considered a positive amenity in any future development, because of the natural reserve type setting. The net developable area of the land would be at maximum 98.99 acres, with potential for further reductions.serviced with natural gas and electricity but does not have municipal servicing for potable water, sanitary sewer or storm water drainage. The current intended use for this property is farm and ranch it is believed to have a great deal of future value as a country residential subdivision. This property location is superb in many ways when considering the future it holds and the proximity to all areas of Calgary. Google maps puts travel distance and time at 30.5 km and 25 minutes to the heart of downtown.This property was previously sold in July 2016. It was reported to be 154.64 Acres and sold for $6,700,000.
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Introduction to Investing in Commercial Real Estate
[vc_row][vc_column][vc_column_text]RE/MAX recently released its 2017 Commercial Investor Report, highlighting trends and market activity in several key markets. Following up on the report, we have compiled some introductory tips from some of our brokers and agents for investing in commercial real…