4115 James Keith Smith Road, Drayton Valley, Alberta T0E 0M0

For Sale

$299,000 CAD 101K
  • Drayton Valley Lease
  • Drayton Valley Lease
  • Drayton Valley Lease
  • Drayton Valley Lease
  • Wellhead Drayton Valley Lease
$299,000 CAD 101K
  • 3.21 ac Lot Size
  • Lots And Land
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Property Summary for 4115 James Keith Smith Road

Type
Lots And Land
Style
Apartment
Lot Size
3.21 Ac
MLS® Number
A1108987
Taxes
1,620 CAD (2015)
Postal Code
T0E 0M0

Description for 4115 James Keith Smith Road

3.21 acre parcel in south east Drayton Valley. Flat, level parcel zoned R1 currently has a dormant oil well on it. Lease\rvalue paid by oil company is $18,500 PER YEAR confirmed for the "foreseeable future" by landman. All utilities at the property line. When\rthe well is exhausted, and currently there is no indication this will be any time soon, the parcel would be remediated. The Town would look\rfavourably on re-development. Great location near parks and schools. No development can happen on the property and owner may not be\ron the land until the well is remediated. Oil company maintains access road, well site and cuts grass on rest of parcel. Get a better return\rthan most investments. Call today for details.
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Price History for 4115 James Keith Smith Road

Date Price Price/sqft
06/08/2021
$299,000 CAD
11/22/2016
$399,900 CAD
12/10/2015
$299,900 CAD
Listing provided by Point2 Agent

Mortgage rate comparison for 4115 James Keith Smith Road top

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Douglas Bowman

Douglas Bowman

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