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2506 195 Av Ne, Edmonton, Alberta T5Y 6M4

MLS® # E4378676

$5,985,000

Property Size 33360
Year Built 1904

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:53676)

PROPERTY FEATURES

  • MLS® Number E4378676
  • Price $5,985,000
  • Square Footage: 33360 sqft
  • Neighbourhood: Rural North East South Sturgeon

Business

Business Type Retail and Wholesale Business Sub Type Farm Equipment

Buildings

Constructed Date 1904 Size Interior 33360 Sqft

Land

Acreage Yes Size Irregular 2516026
Size Total 2516026 Sqft Size Total Text 2516026 Sqft

BROKERAGE

  • Office: Exp Realty

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