142 Acres, King

142 acres, King

A well located property in King with unique split zoning. Industrial and agricultural sections make up a total of 142 acres with approximately 1,200 feet of frontage on the paved 8^th Concession Road and approx. 850 ft. of frontage along the Aurora Road. 3 minutes to Highway 400/Aurora Road interchange. Strategically located on the western edge of Pottageville.

Diverse Potential – Horse Farm, Industrial Land Investment, Airstrip, Land Banking

A very diverse property which has previously been used as an airstrip in addition to its industrial zoning. The agricultural portion of the property is actively farmed by a tenant farmer and would suit development as a horse farm. This location is considered the heart of King Township’s horse country with several top equestrian facilities in dressage, show jumping, polo, and thoroughbred racing all nearby.

Additional Information:

• Survey available
• The property qualifies for reduced taxation due to the Farmland Class Tax Rate
• 2019 Interim taxes: $9,655.09
• Approximately 75 acres in crop production at present
• Scenic pond
• Multiple road entrances