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X7316300
$1,130,000

Lot 4 Spring Creek Rd (Spring Creek/Industrial Park)

Price: $1,130,000

Status: For Sale 

MLS®#: X7316300

$1,130,000
  • Tax: $736.51 (2023)
  • City:West Lincoln
  • Type:Residential
  • Style:Vacant Land

Features:

  • Sewer/Water SystemsSewers, Municipal

Listing Contracted With: SUTTON GROUP-ADMIRAL REALTY INC.

Description

Fabulous investment opportunity with great future! This ca. 58 acres parcel Located in Smithville, a township with great expansion and development, there are numerous possibilities for a future very lucrative redevelopment! Current Zoning agricultural. This parcel of 57.89 acres is located across from 127 acres lot out of which 40 acres included in the Urban Boundary expansion study! This is a Vacant land with 22 acres of farmland and remaining part are bushes. The 22 tillable acres were rented to a farmer for cash crop years ago. Could be rented again potentially for organic cash crop. The Lands located north of the Hydro Corridor are proposed to be used as employment land. Many uses possible in the future. Buyer may consider buying this parcel with 6060 Young Street PIN 460490023 Buyers must do their own due diligence to ascertain future use possibilities and any information they rely on.


Highlights

22 acres of farmland (remaining part bushes. The 22 tillable acres were rented to a farmer for cash crop years ago. Currently no utilities).Land can be rented again for cash crop potentially organic while working on potential redevelopment.

Want to learn more about Lot 4 Spring Creek Rd (Spring Creek/Industrial Park)?

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Mohammad Radmanesh

Sales Representative

Sutton Group-Admiral Realty Inc., Brokerage

The Real Estate Advantage

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