See all 34 photos
34 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$5,985,000
Est. payment /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4378676
Year Built 1904
Property Description
Exciting opportunity for investment 57.76 acres! Location & Strategic Value: The property's proximity to the Saskatchewan River Valley, major shopping centers, and recreational facilities like Ravencrest Golf Club positions it advantageously. These amenities add significant appeal and convenience for potential future residents. City Expansion: With the city's expansion plans, investing now could mean capitalizing on increased property values and development opportunities as the area grows. Area Structure Plan: The existence of an area structure plan indicates that the property is on a path for future development. This can provide a clearer idea of what types of developments might be approved and the potential value of the property. Development Flexibility: The potential for various types of developments—executive residential lots, multifamily housing, etc.—provides flexibility for tailoring investment strategies based on market demands and zoning regulations. Withe the price of under $6 mil!
Location
Province AB
Zoning Zone 51
Others
Tax ID 0035610864
Read Less Info
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Cheryl Watt • Exp Realty