$1,000,000
$1,149,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
On Township Road 422 Rural Ponoka County, AB T4L 2N3
152.51 Acres Lot
Key Details
Sold Price $1,000,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A1237075
Annual Tax Amount $171
Tax Year 2022
Lot Size 152.510 Acres
Property Sub-Type Commercial Land
Property Description
Bare farmland adjacent to pavement near Meridian Beach on Gull Lake!!! ~ This 152 Ac parcel of bare farmland is situated on Twp Road 422 (paved road to Meridian Beach) and on the west side of Range Road 283 (2 miles west of Lincoln Road). The property has public access on the south and east boundaries. The access on the NE corner of the property provides a graveled road access to a treed spot suited to recreational use. The underbrush in this area has been cleared and a treed canopy next to a body of water provides a secluded recreational site. There is a farmland lease in effect for the 2022 crop; vacant possession would be after the crop is harvested. Alternately, title could transfer subject to the farmland lease. The current tenant pays rent on 100 +/- arable Ac – Ponoka County assessment records report 104.4 arable Ac. There is potential for a fenced pasture area in the SW corner of the parcel. There is a Sequoia Resources surface lease near the middle of the property with an annual lease payment is $ 3,500 +/- (tbc). This is an orphan lease and as such, request for payment is made annually to the provincial orphan lease fund. Note: there is 23 +/- Ac of scrub brush in the SW corner of the quarter that has been farmed in the past. This portion of the property could be converted to arable farmland with very little effort. More property info on realtor website.
Location
Province AB
County Ponoka County
Zoning Ag
Exterior
Fence Partial
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