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On 5 St W Magrath, Alberta T0K 1J0

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Acreage

$675,000

Water license! Development! Irrigation! Opportunity awaiting! Available for purchase is a parcel of land to invest in for agriculture, development, or both! A total of 51 acres of beautiful, level land that has been well taken care of that even includes 47 acres of Magrath Irrigation District water rights, serviced directly to the property. Nestled right along the west edge of the growing town of Magrath and easily accessible with direct road access, this opportunity property is very well situated. As the town continues to grow, this property will become very desirable. Magrath is located close to the thriving city of Lethbridge, easily commuting to work, while a reasonable distance to the mountains, and national parks. This property would make it the perfect parcel to develop into good-sized acreages that would all have their own water supply. While you hold the land as in investment it will produce steady cash flow renting to a local farmer. (id:48985)

Property Details

MLS® Number A2016038
Property Type Vacant Land

Building

Age Age Is Unknown
Basement Type Unknown

Land

Acreage Yes
Fence Type Partially Fenced
Size Irregular 50.89
Size Total 50.89 Ac|50 - 79 Acres
Size Total Text 50.89 Ac|50 - 79 Acres
Zoning Description Ag

https://www.realtor.ca/real-estate/25144652/on-5-st-w-magrath