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Investment signal

$1,590,000

63062 TWP RD 710

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Grande Prairie No. 1, County of. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Exceptional development opportunity a Full Quarter 160 acres just 1.5 miles from town, with a subdivided homesite INCLUDED already in place—ideal for a fix-and-flip to help offset your investment in this remarkable parcel of land! This full quarter section is perfectly positioned only 1.5 miles from the Grande Prairie city limits, offering outstanding potential for future growth and expansion, with pavement along two sides and a 150mm water line running directly along Township Road 710 to support your long-term vision. Approximately 150 acres are currently under cultivation, while a separately titled 10-acre homesite features an older residence and existing services—making it an excellent option for a project base, rental income, or redevelopment. Adding even more appeal, the property generates $6,000 annually from farmland rent plus an additional $1,000 per year from ATCO Gas, providing steady holding income as you plan your next move—an opportunity with this combination of scale, location, infrastructure, and income rarely comes available this close to the city. (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot size
160 acres
Lot dimensions
160.00
On market
Apr 25, 2026
Status changed
Apr 29, 2026
Annual tax
$2,383 (2025)
Zoning
AG
Photos
48
MLS#
A2304297
Area
RURAL_GRANDE_PRAIRIE_NO._1,_COUNTY_OF
Negative cash flow ~$1,689/mo at these assumptions

Cash on cash

-6.37%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,728

Financing

Down payment$318,000
Loan amount$1,272,000
Mortgage$6,445/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$729
Insurance$80
Maintenance$1,325
CapEx reserve$663
Vacancy loss$398

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Grande Prairie No. 1, County of. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $6,445/mo at 4.5% with 20% down, 30-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 29, 2026.

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