$899,000
254015 Township Road 240 Road
Beds
4
Baths
1
Sqft
—
Year
1974
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
- Lot size
- 36.97 acres
- MLS#
- A2301594
- Area
- RURAL_WHEATLAND_COUNTY
Cash on cash
-11.70%
Cap rate
3.55%
GRM
16.6
Break-even rent
$6,345
Financing
Operating expenses (monthly)
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.
Mortgage estimate
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.