3293 Upper Mcleod Road, Armstrong, British Columbia V0E 1B8
$2,200,000
Residential Development Opportunity!! This 37 Acre parcel is located in the desirable McLeod Subdivision in Armstrong/Spallumcheen. This amazing investment opportunity comes with 22 bare-land strata approved lots, plus 2 Country Residential Zoned Acreage properties. Stunning mountain and Okanagan Valley views, only minutes to town. There is a stream running through the property with walking trails and a park area. Water is from an approved well but the particulars must be confirmed with the municipality. Assessment presently shows 47 acres. However, there is a 10 acre parcel to be subdivided off which leaves approximately 37 Acres. See supplements for PLR and excluded property. Sewer is handled with a community septic system which is designed but not built. Estimated single family lot value at the time of listing for the 22 was $250,000. Estimated acreage value for each 5 acres at the time of listing was $400,000-$450,000. Using these estimated sale prices the final sell out, value would be $6,300,000. THESE ARE ESTIMATED VALUES ONLY, AT THE TIME OF LISTING AND ANY BUYER SHOULD CONFIRM WITH AN APPRAISAL. (id:42365)
Property Details
| MLS® Number | 10253246 |
| Property Type | Vacant Land |
| Neigbourhood | Armstrong/ Spall. |
Building
Land
| Acreage | Yes |
| Current Use | Development Residential |
| Size Irregular | 37 |
| Size Total | 37 Ac|10 - 50 Acres |
| Size Total Text | 37 Ac|10 - 50 Acres |
| Zoning Type | Residential |
Utilities
| Sewer | Available |
https://www.realtor.ca/real-estate/24456752/3293-upper-mcleod-road-armstrong-armstrong-spall
(250) 550-4221
www.billhubbard.com/
https://www.facebook.com/bill.hubbard.18/
https://www.linkedin.com/in/billhubbardcentury21/
3107 29th Avenue
Vernon, British Columbia V1T 1Z2
(250) 549-2103
(250) 549-2106
https://executivesrealty.c21.ca/
https://executivesrealty.c21.ca/
(250) 938-9331
3107 29th Avenue
Vernon, British Columbia V1T 1Z2
(250) 549-2103
(250) 549-2106
https://executivesrealty.c21.ca/
https://executivesrealty.c21.ca/
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May 30 2022 11:28:10
Okanagan-Mainline Real Estate Board
Century 21 Executives Realty Ltd