71.56 acres north edge of the Village of Tompkins

Here’s an opportunity that offers something you don’t often find in one property: 71.56 acres on the northern outskirts of the Village of Tompkins with direct exposure to the busy TransCanada Highway. Made up of a collection of parcels, this substantial holding gives you room to think beyond simply owning a piece of land. The existing buildings are of little to no value, but the land itself has some interesting possibilities, starting with the highway frontage. There are currently 3 or 4 advertising signs on the property generating approximately $550 per year, per sign, and there appears to be potential to add additional signage and increase that revenue. Away from the highway, the property is predominantly grassland with a dugout and natural slough, making it well-suited for grazing livestock or simply enjoying the open space. With 71.56 acres, there is also plenty of room to consider a private acreage setting, subject to municipal approvals, or explore commercial development opportunities, taking advantage of the property's location along the #1 Highway. Whether you're looking for grazing land, a large parcel for future plans, or a property with highway visibility and an existing income stream, this one is worth a closer look. Sometimes the value of a property isn't in what is already there, but in what the location allows you to do next. (id:63357)