36 NW Rural - Industrial LAND FOR SALE


Penhold, AB T4N 1V1 4,965,840 SF
$4,500,000 CAD
825-425-4574
36 NW Rural, Penhold, AB for Sale
$4,500,000 CAD
Industrial LAND - FOR SALE
1/5
4,965,840 SF

36 NW Rural
Penhold, AB T4N 1V1


HIGHLIGHTS

  • Full municipal services are available for tie-in, featuring an abundant water supply and power.
  • Rare opportunity featuring CP Rail Infrastructure on site with CN Rail service potential.
  • Located approximately 3 km south of Red Deer Regional airport
  • Lower land, operating costs, and real estate taxes compared to the Calgary and Edmonton metropolitan areas.

OVERVIEW

Jones Lang LaSalle Real Estate Services, Inc. (“JLL” and/or the “Advisor”) has been exclusively retained to offer for sale an exceptional rail serviced industrial land opportunity strategically positioned in Penhold, Alberta (the “Site”). This 114-acre Site is situated 16 kilometres (“km”) south of Red Deer and equidistant between Calgary and Edmonton (roughly 140 kms from each). The Site is zoned I1 (Light Industrial) and I2 (Heavy Industrial), ready for immediate development. With approximately 92 developable acres, the Site has significant industrial potential with flexibility for phased growth or immediate large-scale operations. Key features include direct Highway 2A access, the CPR line abutting the eastern property boundary, and CN rail service potential. If residential development is desired, the Town of Penhold is open to an expedited land-use amendment process to support a comprehensively planned residential subdivision.

FOR SALE DETAILS

PRICE

$4,500,000 CAD

PRICE/ACRE

$39,474/AC

PRICE/SF

$0.91 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Commercial, Industrial

LAND ACRES

114 AC

LAND SF

4,965,840 SF

OFFSITE IMPROVEMENTS

Water

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan MurphyJLLMore Info
825-425-4574

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Ryan MurphyJLLMore Info
825-425-4574

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.