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0 Highway 2 - Precision Drilling Surplus Land
46.46 Acres of Commercial Land Offered at $1,943,838 USD in Red Deer, AB T4N 1E3
Executive Summary
Subject property has been subdivided and falls under the North of 11A Major Area Structure Plan (“MASP”). The MASP identifies the area to be light and heavy industrial land use with any future development or subdivision of the parcel requiring an Industrial Area Structure Plan (“IASP”). An IASP would not be required in the event the entire parcel was developed and used. Municipal Reserve and Offsite Levies remain outstanding for the parcel and are detailed below. As part of the sale, the Vendor will extend the current roadway northwards to the subject property on the east side. Municipal services (water, storm, and sewer) are not currently planned to be extended to the parcel within the next 10 years but under special provisions and further investigation, water services may be able to be brought to the subject property.
Property Facts
Price | $1,943,838 USD | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Industrial |
No. Lots | 1 | Total Lot Size | 46.46 AC |
Property Type | Land |
Price | $1,943,838 USD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Industrial |
Total Lot Size | 46.46 AC |
1 Lot Available
Lot
Price | $1,943,838 USD | Lot Size | 46.46 AC |
Price Per AC | $41,839 USD |
Price | $1,943,838 USD |
Price Per AC | $41,839 USD |
Lot Size | 46.46 AC |
Located in between the Chiles Industrial Park and Blindman Industrial Park and within minutes from Red Deer, an ideal location for light industrial use.
Description
46.46 acres of land available ready to be developed, great exposure to Highway 2A and convenient access to the major highways. Located in between the Chiles Industrial Park and Blindman Industrial Park and within minutes from Red Deer, an ideal location for light industrial use.
zoning
Zoning Code | I1 |
I1 |
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0 Highway 2 - Precision Drilling Surplus Land
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