2506 195 AV NE Active

Edmonton,AB T5Y6M4

$ 5985000

- Bed

- Bath

33360 SqFt


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

Year Built 1904

Lot Size 57.760 Acres

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

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