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160-Acre Agricultural Parcel with Oil/Gas Revenue Located Only 5 Minutes North of Fort St John, BC

  • Select Property type: Sold
  • DESCRIPTION: 160-acre parcel with 60 acres of production land located 5 minutes north of Fort St John, BC. This property is ideal as a recreational hunting property, with thick aspen forest,...
  • PROVINCE: BC
  • COUNTRY: Canada
  • Property Id: 31449

Description

Description

160-acre parcel with 60 acres of production land located 5 minutes north of Fort St John, BC. This property is ideal as a recreational hunting property, with thick aspen forest, rich hay land and access into the Montney Creek Coulee. The property is frequented by deer, elk and moose all within a short commute from downtown. The property is wonderfully suited for a homestead with a large dugout, and several flat build sites for a home/shop. There is power to the property and a high-grade gravel road extending off of the Rose Prairie Road. The agricultural component of the property is currently leased to a local farmer ($1,500 per year). There is also an oil/gas lease generating $3,500/annum. If you are looking to amalgamate a rural lifestyle with urban convenience located nearby, this is the property for you

LOCATION

NE 1/4 Section 19 – Rose Prairie Rd – Fort St John, BC

ACCESS

From Fort St John proceed north out of town on 100 Street (which will turn into Rose Prairie Road). Continue past the Cecil Lake Road turn off for just under 2 km, at which point, the access road will be on your right (east side of the road).

AREA DATA

The Peace River region of British Columbia lays claim as the most robust and diverse economic region of the province outside of the Lower Mainland. The regional GDP has exceeded $6.6 billion over the last several years and employment opportunities abound.

The region contains vast supplies of natural gas. It is estimated that northeast British Columbia holds more than 2,933 trillion cubic feet of natural gas. This resource provides significant economic opportunity, as global companies invest in resource extraction and infrastructure to transport the region’s various petroleum products to market.

The region also possesses 40% of the cumulative provincial ALR lands in British Columbia. This makes the region a mecca when it comes to farming, ranching and outdoor recreational pursuits. Cattle ranching continues to dominate much of the Peace River region’s rural landscape with the area possessing over 60,000 head of cattle and accounting for over 22% of the provincial total. This is a testament to the quality grazing conditions throughout the region.

The region’s annual average temperature rests between -2.9 to 2 degrees Celsius and the region receives approximately 330-570 mm of annual precipitation. The area possesses rich, fertile soil and produces more wheat, barley and grass seed than any other region of the province.

The city of Fort St. John is the most populace municipality in the Peace River Region with a population of 20,155. The oil and gas sector continues to be the primary economic driver of the municipality with over 15% of Fort St. John residents employed directly in the industry. Most regionally active oil/gas exploration, production and servicing companies have offices located in Fort St. John, which serve to boost other businesses particularly those in the service sector.

VEGETATION

Portions of the property, which descend into the Montney Creek Coulee are covered in thick aspen. This provides excellent habitat for deer, elk and moose.

RECREATION

One of the benefits of the property’s convenient location relative to Fort St. John is the opportunity to go into town to enjoy various forms of urban recreation. If the new owner feels like eating out or catching a movie, they may easily do so without the hassle traditionally associated with rural living. Fort St. John offers numerous dining and entertainment experiences all within a short commute from the property.

In addition to recreational activities in town, there are endless outdoor pursuits in the greater Peace River Region. Some of the best hunting and fishing in all of British Columbia may be found in the Peace River region and along the Alaskan Highway. The property also has robust populations of mule deer, whitetail and elk, which provide ample hunting opportunities for the most discerning sportsmen.

HISTORY

Fort St. John is rich in history and discovery. For instance, at Charlie Lake Cave, located 7 kilometres north of Fort St. John, archaeologists have uncovered artifacts from a Paleo-Indian settlement that was active there more than 10,500 years ago.

It is also interesting to note that Fort St. John is the oldest non-native settlement in British Columbia. The town was first built in 1794 when it was called Rocky Mountain House. It was a staging point from which further incursions into Northern BC could take place. It was the Second World War which was responsible for expanding the infrastructure through the Fort St. John region with the construction of the Alaskan-Canada Highway.

In 1951 the region gained fame, as a major producer of oil and gas in British Columbia. In that year the “Fort St. John No. 1” well hit gas at a depth of 1,524 metres. A few months later, in January 1952, the first deep well hit gas at 4,418 metres. Drilled on the Bouffioux Farm, that well is still producing today. Transportation/infrastructure improved at a rapid rate after that. In 1952, the Hart Highway finally connected the region to the rest of British Columbia, and in 1958 the Pacific Great Eastern Railway arrived in Fort St. John. That ease of transportation has allowed the region’s agricultural and forest industries to compete in distant markets.

MAP REFERENCE

56°18’3.22″N and 120°49’39.81″W

INVESTMENT FEATURES

  • 60 acres of production land
  • $3,500 per annum oil/gas revenues
  • Farmland is currently leased out for $1,500 per annum

SERVICES

  • Electricity at lot line
  • Natural gas nearby
  • Cable and telephone services nearby
  • Dugout on property

TAX DETAILS

$699.22 (2022)

ZONING

A-2 (Agricultural)

LEGAL

THE NORTH EAST 1/4 OF SECTION 19 TOWNSHIP 84 RANGE 18 WEST OF THE 6TH MERIDIAN PEACE RIVER DISTRICT – PID 014-687-461