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40234 Range Road 132A, Rural Flagstaff County

$389,000

About this property

47.96 acres just outside Alliance! Cozy 2-bedroom, 1-bath farmhouse offering approximately 982 sq. ft. of living space, nestled in a peaceful rural setting with mature trees and plenty of room for a hobby farm or livestock. The property is divided by Range Road 132A, with approximately 35+ acres on the house side and 12+ acres across the road. Both parcels have their own dugout and the land is fully fenced. The property includes a well with lots of good water, outdoor water lines to the corrals (currently inactive). Outbuildings include a small garage, shed, steel grain bin, wood grain bin, and a 20' x 28' barn with hayloft and 3 stanchions with metal gates. Steel panels and gates are included as seen in the pictures. The farmhouse has a durable metal roof and no basement. A great opportunity to own an affordable country property zoned AG, with the acreage having fencing, water, trees, and numerous useful outbuildings, all in a quiet location just outside Alliance.

Essential information

MLS® number
A2337344
Status
Active
Price
$389,000
Property type
Agri-Business
Type
Agriculture
Transaction
For Sale
Restrictions
None Known
Bedrooms
2
Bathrooms
1 full
Lot size
2,089,137 sq ft
Listing brokerage
Sutton Landmark Realty
Source
Pillar 9™ MLS® System

Interior

Included
FRIDGE, STOVE, WASHER, DRYER, STEEL GATES AND PANELS,

Exterior and construction

Zoning
AG
Current use
AGR

Services

Utilities
Electricity Connected, Propane, Sewer Connected, Water Connected
Sewer
Open Discharge
Water
Well

Community

City
Rural Flagstaff County
Province
AB
Postal code
T0B0A0

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.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

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The building

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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, 6:40 a.m. (Mountain Time).

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