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This beautiful 1/4 section has $18,450 in annual surface revenue! The revenue is comprised of $16,200 in oil & gas surface lease revenue, and $2,250 in grazing revenue. If one can negotiate increases on the lease revenue in time the return can even be increased! The 1/4 section is mostly cleared with just 1 subdivision out, and is located approximately 15 miles from Drayton Valley, and 4 miles from Buck Creek! The land is less than two miles from the North Saskatchewan River, the river can be accessed directly from the property through Blue Rapids Provincial Park Area! From Buck Creek on HWY 616, drive west 1 mile, then turn south on RR 72 for another 2 miles, turn west on Twp Rd. 474 for a 1.5 miles, For Sale sign at NE corner of 1/4 section.
Disclaimer: Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Listing information last updated on June 4th, 2020 at 9:31pm CDT.