587-400-1501
SW Corner 231 Street and Whitemud Drive, Enoch, AB for Sale
Retail - FOR SALE
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SW Corner 231 Street and Whitemud Drive
Enoch, AB T7X 3Y3


HIGHLIGHTS

  • High traffic exposure: 2024 average daily traffic count of 5,570 vehicles at the intersection.
  • Zoned for mixed-use commercial development, with city water and sanitary services available.
  • Adjacent to River Cree Resort and Casino, Costco Wholesale, and Lewis Estates Golf Course.
  • Located next to a proposed 257-acre mixed-use development surrounding River Cree Casino.

OVERVIEW

This property is a large corner retail development site available for sale as a lease-hold interest, located at the southwest corner of 231 Street and Whitemud Drive in Enoch, Alberta, near the Edmonton city limits. The site offers approximately seven acres of mixed-use commercial land with city water and sanitary services. It benefits from high exposure to both Whitemud Drive and 231 Street and is adjacent to major amenities such as the River Cree Resort and Casino, Costco Wholesale, and Lewis Estates Golf Course. The property is situated next to a proposed 257-acre mixed-use development surrounding the River Cree Casino and is close to several new residential communities. Within a three-kilometer radius, there are $677 million in proposed and ongoing projects, including the River Cree Resort and Casino expansion, Lewis Farms Recreation Centre, Rosenthal Flats apartment building, and a new K-6 school in Rosenthal. Demographic data for the area indicates an estimated 2023 population of 19,961, an average household income of $133,246, and a median age of 35.3. The intersection of 231 Street and Whitemud Drive sees an average daily traffic count of 5,570 vehicles as of 2024.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.49 AC

LAND SF

326,264 SF

ZONING

MU

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Derek ShybunkaLizotte & Associates Real Estate Inc.More Info
587-400-1501

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Derek ShybunkaLizotte & Associates Real Estate Inc.More Info
587-400-1501

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