Russell

$379,900

Russell

MLS® Number: 202627006

Description

This 48.01-acre prime mixed-use parcel in Russell, MB offers high-visibility highway exposure along the Highway 16/83 corridor, featuring direct service road access, access to 3-phase power, and low holding costs ($947.98 in 2026 gross taxes). Key Features & Highlights Location & Visibility: Positioned along the paved entrance into Russell, MB, with prime exposure on a major transportation route and existing service road access. Utilities: 3-phase power is accessible to the site. Holding Income: Contains approximately 32 +/- cultivated acres currently rented out for farmland revenue, helping offset costs while development plans progress. Soil Profile: Soil Class B (Newdale Clay Loam). Subdivision & Development Potential: Dual commercial/industrial and agricultural zoning creates exceptional long-term upside for future subdivision (subject to municipal approval)—ideal for commercial yard space, light industrial development, or highway commercial ventures. Low Overhead: 2026 Gross Taxes are $947.98, making it an efficient property to hold during the planning phase.

Property Summary

Property Type

Vacant Land

Community

Russell

Neighbourhood

Yellowhead

Land

Major Use

Grain

Acres

0

Cultivated Acres

25

Pasture Acres

0

Location Map

View Location Map