Price Reduction
Listing Provided Courtesy Of:
CIR REALTY
Address
ON Township Road 344 Rural Red Deer County, AB
Price
$ 825,000
Property Attributes
  • ID#A1169970
  • TypeLand
  • CityRural Red Deer County
  • Postal CodeT0M 0K0
  • StyleCommercial Land
  • Price$ 825,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size89.25 Acres
Listing Provided Courtesy Of:
CIR REALTY
Data Source:
Pillar 9 Technologies
Property Description

INVESTMENT / DEVELOPMENT OPPORTUNITY is ideally located in super high visibility location adjacent to the high traffic QE2 highway on the north side of the Bowden overpass in Central Alberta. This incredible land opportunity has been pre-approved in recent years for re-zoning & subdivision to commercial (14) & industrial (1) lots via a completed concept plan (new applications to the county of Red Deer would be required). The existing main building is a 6486 sqft. concrete & wood frame structure with a full basement suitable for many uses including warehousing (reinforced concrete upper floors), office, & retail space. There is another small shop & other various smaller outbuildings plus a large graveled parking lot. Fully serviced (water well, septic, power, & natural gas) and beautifully landscaped property with rows and patches of mature trees & bushes remaining from its historical past as a tree nursery. Paved road frontage on the south and east sides of the property make this property extremely easy to get to for commercial & passenger traffic coming off the QE2 via the overpass & Highway 587 on the north side of the growing and progressive town of Bowden. Favorable development and land use opportunities for this property (note: no residential or campground development) and land value appreciation along the QE2 in the years ahead are sure to make this a lucrative investment/development/land banking opportunity. ***Adjacent 3.33 acres is also available as MLS# A1169831 *** Auction Terms & Conditions apply.

Price History
1/7/2022 Listed $1,500,000
4/6/2022 1% - $1,499,990
5/5/2022 45% - $825,000

General Features

Accessto Property Direct Access, Paved Road, See Remarks
Property SubType Commercial Land
Property Type Land
Section 26
Subdivision Name NONE
Township 34
Transaction Type For Sale
Zoning AG

Interior Features

Below Grade Finished Area 0.00
Building Area Total Metres 0.00
Building Area Total Sf 0.00
Main Level Areas SquareFeet
Main Level Finished Area 0.00
Main Level Finished Area Metres 0.00
Main Level Finished Area Sf 0.00
Main Level Finished Area Srch Sq 0.00
Range 1

Exterior Features

Building Area Total 0.00
Fencing None
Inclusions N/A
Lot Size Acres 89.25
Outbuildings See Remarks, Shop/Office, Warehouse

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in T0M 0K0

Price
AVG $600K
$830K
Visits
AVG 194
466