4016 Jk Smith Drive

    Drayton Valley, AB T7A 1P5
    • $349,000
    • STATUS: Active
    • ID#: C4245832
    UPDATED: 64 min ago
    $349,000
    • 0
      BEDS
    • 3.99
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Vacant Land / Lots
    Area:

    Description

    3.21 acre parcel in south east Drayton Valley. Flat, level parcel zoned R1 currently has a producing oil well on it. Lease value paid by oil company is $18,500 PER YEAR confirmed for the next five years. All utilities at the property line.When the well is exhausted, and currently there is no indication this will be any time soon, the Town would look favourably on re-development. Great location near parks and schools. No development can happen on the property and owner may not be on the land until the well is remediated. Oil company maintains access road, well site and cuts grass on rest of parcel. Get a better return than most investments. Call today for details.

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    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2019-08-19T22:29:21.737.
    www.livelovecalgary.com/homes/95011936

    4016 Jk Smith Drive Drayton Valley, AB T7A 1P5

    • Price: $349,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: C4245832
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.99
    Acres
    Neighbourhood:
    Drayton Valley
    Area:
    Brazeau
    Property Description
    3.21 acre parcel in south east Drayton Valley. Flat, level parcel zoned R1 currently has a producing oil well on it. Lease value paid by oil company is $18,500 PER YEAR confirmed for the next five years. All utilities at the property line.When the well is exhausted, and currently there is no indication this will be any time soon, the Town would look favourably on re-development. Great location near parks and schools. No development can happen on the property and owner may not be on the land until the well is remediated. Oil company maintains access road, well site and cuts grass on rest of parcel. Get a better return than most investments. Call today for details.
    Exterior Features

    Garage Yn No Lot Shape Rectangular Site Influences FencedFlat SiteNo Through RoadSee RemarksTreed Lot

    Property Features

    Condo Type Not A Condo Ensuite Yn No HOAFee YN No School District Calgary Sewer Septic None Transaction Type For Sale

    Listing provided courtesy of Homes For All Realty. © 2019 CREB®. All Rights Reserved.
    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2019-08-19T22:29:21.737.
     
    Redline Real Estate Group Inc.
    547 5940 Macleod Trail SW
    Calgary AB, T2H 2G4