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38250 Range Road 263, Rural Red Deer County

$1,950,000

About this property

Priced to sell !! Exceptional value for a fully upgraded quarter section with major infrastructure already in place. Prime Quarter Section minutes from Red Deer! This NE-16-38-26-W4 parcel offers 144.65± acres of premium farmland with a blend of open fields, treed areas, rolling terrain, and wide countryside views. A rare opportunity to acquire a quarter section where major capital upgrades have already been completed. Between 2023–2024, the owners invested over $1.4M in improvements, including: a) Brand-new 2023 custom mobile home valued at $350,000, complete with a 20-year structural warranty . b) $650,000 engineered landscaping, including a professionally built access road and extensive site development . c) New water wells with full reports ($20,000) . d) $350,000 electrical upgrade, featuring a 750 KVA 3-Phase transformer — ideal for future agricultural expansion, commercial development, or institutional use The mobile home interior is bright, modern, and spacious, featuring Multiple large bedrooms with generous windows and natural light, A comfortable living area with room for multiple seating arrangement. A modern kitchen with stainless steel appliances, island workspace, and upgraded lighting . A dedicated office/workspace overlooking the property. Updated flooring, trim, and fixtures throughout . and an expansive views from nearly every room, showcasing the surrounding fields and treed areas .This setup provides comfortable on-site living for owners, tenants, or staff — a major advantage for agricultural operations or future development planning. Currently, 100± acres are leased for agricultural use, generating $17,500 annually, with a new lease extension secured until 2029. All supporting documentation, upgrade invoices, and reports are available upon request. Located just minutes east of Red Deer on Hwy 11, this quarter section offers a rare combination of high-quality farmland, major infrastructure upgrades, and strategic location. Opportunities like this do not come often !

Essential information

MLS® number
A2337229
Status
Active
Price
$1,950,000
Property type
Agri-Business
Type
Agriculture
Transaction
For Sale
Restrictions
None Known
Lot size
6,300,954 sq ft
Listing brokerage
FM Real Estate
Source
Pillar 9™ MLS® System

Interior

Appliances
Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer, Window Coverings

Exterior and construction

Zoning
Agriculture

Services

Water
Well

Community

City
Rural Red Deer County
Province
AB
Postal code
T4E 3A2

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

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The purchase

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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

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MLS® data last updated Nov 8, 2026, 1:20 a.m. (Mountain Time).

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