On Range Road 203
Raymond, Alberta T0K2S0

This property is prime irrigated farmland, but with built in value added potential. This property borders land currently being subdivided and developed and serviced. With the added Town services being brought to this neighboring property, the land value of this 116 acres is going to increase exponentially. The Town of Raymond has purchased over 40 acres of this neighboring property for recreation purposes, with one probable use being the new home of the Stampede Fairgrounds and an indoor arena. Making this 116 acres prime land for several types of future development, including regular residential lots or serviced acreages of various sizes which are also in high demand. The possibilities are endless. So for the same purchase price of regular irrigated land in the area, this property has the huge potential of increasing greatly in value in the near future. The property has access from Range Rd 203 and will also have access from 400 South in the near future. This property is annexed into the Town of Raymond and is currently zoned Urban Reserve. If development isn’t the goal, the parcel is square and would work very well with a full circle pivot. (4499275)