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Investment signal

$899,000

254015 Township Road 240 Road

Beds

4

Baths

1

Sqft

Year

1974

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Exceptional 36.97 acre Agricultural Small Holding parcel on paved Twp Rd 240, just SW of Strathmore. This high, dry land offers unobstructed mountain views and is zoned Country Residential—ideal for future development, a dream home, or hobby farm. Improvements include an older 14’ x 64’ mobile home with 11’ x 24’ addition, covered front porch, rear deck, 20’ x 26’ barn with stalls, corrals, outbuildings, and automatic waterer. Services in place: well with updated pump and pressure tank (2009), hot water tank (2000), and high-efficiency furnace (2019). Located near De Havilland Field, a major aircraft manufacturing facility in Wheatland County, and the Prairie Economic Gateway, a multi-billion-dollar trade and logistics corridor. A rare investment opportunity with strong future potential. (id:65958)

Subtype
Single Family
Architectural style
Mobile Home
Structure
Manufactured Home
Common interest
Freehold
Living area
1,139 square feet
Lot size
36.97 acres
Lot dimensions
36.97
Bedrooms
4 above grade, 0 below grade
Stories
1
On market
Apr 14, 2026
Status changed
Apr 14, 2026
Annual tax
$6,000 (2025)
Zoning
1
Photos
2
MLS#
A2301594
Area
RURAL_WHEATLAND_COUNTY

Features and systems

Parking

Other

Basement

None

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerHood Fan

Heating

Forced air

Cooling

None

Exterior

Aluminum siding

Flooring

CarpetedLinoleum

Foundation

Piled

Lot

See remarksOther

Utilities

Natural GasElectricityTelephone
Negative cash flow ~$1,753/mo at these assumptions

Cash on cash

-11.70%

Cap rate

3.55%

GRM

16.6

Break-even rent

$6,345

Financing

Down payment$179,800
Loan amount$719,200
Mortgage$4,412/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412
Insurance$80
Maintenance$749
CapEx reserve$375
Vacancy loss$225

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Wheatland County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,412/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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