Regina City Limits 120 Acres

For Sale 14 Days
$1,299,000
120 Acre

Regina City Limits 120 Acres

For Sale 14 Days
$1,299,000
120 Acre

Highlights

Key insights

Description

  • Land value ($/Acre)
    $11K/Acre
  • Time on Houseful
    14 days
  • Property type
    Agriculture
  • Lot size
    120 Acres
  • Mortgage payment

This 120-acre parcel offers a rare combination of prime location and high-quality farmland, featuring Class B Regina Heavy Clay soil, well known for its productivity and long-term value. Situated only ½ mile south of Regina SIast and directly bordering Regina’s city limits, the property is strategically positioned near major traffic corridors, including Highway #1 and the University of Regina, making it highly desirable for a wide range of future uses. The land is currently zoned Agricultural (AG) but holds strong redevelopment potential with RM approval. Possible opportunities include commercial, industrial, residential, or mixed-use development, making it an exceptional holding property for investors with vision. In the interim, the land generates steady income. It is rented on a year-to-year basis to a local farmer, and there is also an option for a company to lease up to 30 acres on the northwest corner at $35,000 per year, further enhancing its investment appeal. (id:63267)

Adam Hungle of Sutton Group - Results Realty,
#SK020291
updated 1 week ago.
Houseful checked MLS® for data 1 week ago.

Home overview

Lot/ Land Details
  • Lot dimensions
    120
Overview
  • Lot size (acres)
    120.0
  • Listing #
    Sk020291
  • Property sub type
    Agriculture
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28965889/regina-city-limits-120-acres-sherwood-rm-no-159
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-3,464

/ Month
25 Years fixed, 20% down payment, % interest
$
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$
%
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