Strategic Urban Fringe Investment | 159 Acres at Olds Town LimitsRare opportunity to secure a premier quarter section (159.0 acres) situated on the immediate southwest boundary of Olds, AB. This highly productive parcel offers the perfect synergy of agricultural income, immediate residential potential, and long-term urban-fringe appreciation.Land & Production: Features approximately 92 acres of high-quality cultivated cropland, with the balance in lush pasture and a mature, treed yard site. Whether you are expanding your agricultural portfolio or seeking a massive private estate, the land is as productive as it is beautiful.Infrastructure & Income: The yard site is accessed via dual approaches directly off pavement and is fully serviced with power, a drilled water well (8 g.p.m.), a steel quonset with power & concrete floor, a traditional red barn with steel roof, and two steel grain bins. Benefit from immediate cash flow with rental income (Ag land & old house tenants in place until Oct 31, 2026), providing a steady ROI while you finalize your development or building plans.Future Potential: Situated in the path of growth, this property offers significant subdivision potential (subject to county approval), including the original yard site or a possibly a naturally severed parcel in the SW corner. List price is strategically based on land value, services, and outbuildings—the existing home is rented but requires substantial maintenance/repairs and upgrading throughout. Invest for the future; build for the generations. Opportunities of this scale on the doorstep of town limits are a rare find. (id:55577)
Property Features
- MLS® Number A2287957
- Price $1,895,000
- Features See Remarks, Wetlands
- Road Type Paved Road
- Structure Barn
- View Type View
Buildings
| Age | Age Is Unknown | Utility Power | Single Phase |
| Utility Water | Well, Private Utility |
Land
| Acreage | Yes | Fence Type | Partially Fenced |
| Size Irregular | 159.00 | Size Total | 159 Ac|80 - 160 Acres |
| Size Total Text | 159 Ac|80 - 160 Acres | Zoning Description | 1 |
Agents and Offices
- Rees Smith
- Office: Cir Realty