4 Quarters Development Land Near Regina, Sherwood Rm No. 159, Saskatchewan
$5,499,000
MLS® SK050209
A substantial land opportunity at the doorstep of Saskatchewan’s capital city. Located just minutes northwest of Regina, this 594.29-acre property offers excellent road access and frontage along Highway #11, Grid Road 734 and the CPKC rail line. Its proximity to the Northwest Regina Bypass interchange and North Regina’s established industrial and commercial areas places it in a strategic position for commercial investors, developers and farmers looking to expand their existing land base in the area. With substantial acreage, prominent transportation frontage and convenient access to the city, this property brings together key attributes for purchasers seeking a well-positioned site with development potential, subject to zoning, servicing and required approvals. Currently zoned Agricultural, the property includes approximately 590 SAMA cultivated acres featuring productive Regina Heavy Clay soils, B & C Saskatchewan Crop Insurance soil classifications, and a SAMA soil final rating weighted average of 83.70. The land is leased to a local farmer through December 2028, with the lease to be assigned to the purchaser on closing. Buyers are responsible for conducting their own due diligence regarding development potential, zoning, required approvals, servicing and suitability for their intended use. Rail frontage does not guarantee rail access or service. Mineral rights are not included. (id:56426)
Justin Sheppard
Listed by Sheppard Realty
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