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$1,395,000
Est. payment /mo
154.41 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Lot/Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4423000
Lot Size 154.410 Acres
Acres 154.41
Property Sub-Type Vacant Lot/Land
Property Description
The Westland Village project, consisting of 155 acres of land, has Area Structure Plan and zoning approvals in place. The project is situated on the west side of the Town of Redwater, located only 30 minutes north-east of Edmonton, and is only 5 minutes north of the Alberta Industrial Heartland, Alberta's largest petrochemical center consisting of companies such as Shell, Dow Chemical, as well as the Northwest Refinery project. Located on the west side of Redwater, this parcel of land has highway frontage on both Highway 28 and Highway 38, and is located directly adjacent to the existing elementary school, which offers superior development potential. This is an excellent investment property, as it is zoned and ready to be developed, or it can be a buy and hold, and continue to earn rental income from the land lease and sign rental income while waiting to sell it to a developer/owner user. The superior location makes this the land to own in Redwater!
Location
Province AB
Zoning Zone 60
Exterior
Exterior Feature See Remarks
Others
Tax ID 0018062547
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Listed by Mathew T Haupt • Exp Realty