5200 44 St Redwater, Alberta T0A 2W0



**JUDICIAL SALE** SOLD AS IS WHERE IS 74.08 acres of prime development land within the town of Redwater with an additional 6 acres available on a separate title($4000 a year lease revenue). Listed at Appraised value as of Nov 2020 this parcel is Zoned industrial M2 allowing for a variety of industrial and commercial uses including cannabis operations. This parcel is adjacent to a 90 acre parcel that has a current application in for final approval of a new Area Structure Plan that will allow the subdivision of 1-3 larger industrial lots (12 acres) in phase 1 and 39 smaller individual industrial commercial lots in phase 2. All utilities to the property line and potential to reinstate the historic rail line. A great investment for a savvy investor with a finger on the Heartbeat of the Heartland. (id:42336)

Property Details

MLS® Number E4225571
Property Type Vacant Land
Neigbourhood Redwater



Acreage Yes
Size Irregular 3223440
Size Total 3223440 Sqft
Size Total Text 3223440 Sqft



Contact us for more information

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Eireann Rochefort

(780) 974-3098
(780) 988-4067

RE/MAX Elite
304 Windermere Rd Nw
Edmonton, Alberta T6W 2Z8

(780) 406-4000
(780) 988-4067

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