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West off C & E Trail Rural Red Deer County, AB T4S 2N4

$13,504,000
11,151,360 lot

1 / 8

Vacant Land in Rural Red Deer County

Investment Opportunity available to purchase 256 acres of undeveloped land west of Red Deer, soon to be annexed by the City of Red Deer for residential development. This land is currently zoned AG but is part of the future growth plan for the City of Red Deer. The land is identified within the C & E trail area structure plan and the Red Deer and Red Deer County Intermunicipal Development Plan. This location will be the first major residential development on the west side of the QEII. There are four titles to the property making it easy to develop in stages. There is a low producing oil well in the NE corner, with a pipeline servicing it. The current owners have been advised the pipeline is clean, and there is a concept plan in place to use the pipeline right of way as a pedestrian / bicycle path. There are no current or proposed Altalink Transmission Lines on any of the lots, and some preliminary studies and reports on future development have been completed. There is some income from land being rented to a local farmer, and the annual surface lease from the oil well. The property is located close to Red Deer College/University, Red Deer Regional Hospital, Crossroads Church, Heritage Ranch, Fort Normandeau, Gary W. Harris Canada Games Centre, Waskasoo Park System, Bower Place Shopping Centre and Gasoline Alley.

Courtesy Of RE/MAX Commercial Properties

11,151,360 Lot

Main Features

Listing Status: Active
County: Red Deer
MLS® Number:A1060307

Additional Features

Garageyn:
- N
Property Subtype:
- Land
Property Type:
- Land
Fencing:
- None
Restrictions:
- None Known
Nearest Town:
- Red Deer
Zoning:
- AG
Documents Available:
- None
Title:
- Fee Simple
Bathrooms Total Integer:
- 0
Building Area Total:
- 0.00
County Or Parish:
- Red Deer County
Listing Contract Date:
- 2021-01-12
Listing Key:
- 61339870
Lot Size Acres:
- 256.00
Lot Size Square Feet:
- 11151360
Possession:
- Negotiable
Subdivision Name:
- NONE

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West off C & E Trail Rural Red Deer County, AB T4S 2N4

$13,504,000
11,151,360 lot

RE/MAX real estate central alberta - Sylvan Lake

1, 4914 50th Ave

Sylvan Lake, AB T4S 1C9

West off C & E Trail Rural Red Deer County, AB T4S 2N4

Property & Neighborhood Info

Vacant Land in Rural Red Deer County

Main Features

Additional Features

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West off C & E Trail Rural Red Deer County, AB T4S 2N4