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Listed by Jim Kelley • LPT Realty
$ 3,500,000
Est. payment | /mo
80 Acres Lot
$ 3,500,000
Est. payment | /mo
80 Acres Lot
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Holmwood Sector Plan
MLS Listing ID SK028486
Lot Size 80.000 Acres
Acres 80.0
Property Sub-Type Land
Source Saskatchewan
Property Description
80 acres located within Saskatoon city limits in the Holmwood Sector Plan, designated as Neighbourhood 4. Positioned approximately 3 km east of McOrmond Drive along 8th Street East, this parcel represents one of the final large tracts within city boundaries before the RM of Corman Park. Currently zoned FUD and leased for agricultural use on a year-to-year basis. Annual property taxes are approximately $1,512 with existing lease income of approximately $4,500, providing positive holding carry. Offered at $43,750 per acre, consistent with current urban holding land values in the sector. First time offered in over 40 years. Strategic land banking opportunity within a planned urban growth corridor supported by the City of Saskatoon's Sector Plan. Ideal for patient investors, developers, or capital preservation strategies seeking long-term appreciation within city limits.
Location
Province SK
Community Holmwood Sector Plan
Exterior
Topography Flat
Others
Ownership Freehold
Schools and Properties Nearby
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