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$5,985,000
Est. payment /mo
33,360 SqFt
Active
2506 195 AV NE Edmonton, AB T5Y6M4
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 33,360 sqft
Price per Sqft $179
Subdivision Rural North East South Sturgeon
MLS® Listing ID E4378676
Originating Board REALTORS® Association of Edmonton
Year Built 1904
Lot Size 57.760 Acres
Acres 2516026.0
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! (id:24570)
Location
Province AB
Exterior
Parking Features No
View Y/N No
Private Pool No
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