Regina City Limits 120 Acres Sherwood Rm No. 159, Saskatchewan S0G 4G0

$1,299,000

This 120-acre parcel offers a rare combination of prime location and high-quality farmland, featuring Class B Regina Heavy Clay soil, well known for its productivity and long-term value. Situated only ½ mile south of Regina SIast and directly bordering Regina’s city limits, the property is strategically positioned near major traffic corridors, including Highway #1 and the University of Regina, making it highly desirable for a wide range of future uses. The land is currently zoned Agricultural (AG) but holds strong redevelopment potential with RM approval. Possible opportunities include commercial, industrial, residential, or mixed-use development, making it an exceptional holding property for investors with vision. In the interim, the land generates steady income. It is rented on a year-to-year basis to a local farmer, and there is also an option for a company to lease up to 30 acres on the northwest corner at $35,000 per year, further enhancing its investment appeal. (id:62517)

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https://www.realtor.ca/real-estate/28965889/regina-city-limits-120-acres-sherwood-rm-no-159