Vacant Land For Sale
$5,920,000
MLS® Number: 44426758
Floor Area
257,875
Land Size
257,875.2
Vacant Land For Sale
$5,920,000
Floor Area
257,875
Land Size
257,875.2
840 King St, Spruce Grove, Alberta
About This Property
Prime Multi-Family Development Opportunity in Spruce Grove! Exceptional opportunity to acquire 5.92+/- acres of R2 zoned development land in Spruce Grove. This well-positioned corner site is surrounded by established residential neighbourhoods and offers excellent potential for medium to high density residential development within a mature and desirable community setting. Zoned R2 - Mixed Medium to High Density Residential District, the property permits a variety of housing forms including multi-unit dwellings, row housing, and street oriented residential development, providing flexibility for a range of development concepts. The site benefits from strong accessibility via Century Road with convenient connections to Highway 16 Yellowhead, allowing efficient regional access to Edmonton and surrounding areas. The property is strategically positioned near the expanding Westwind commercial development to the north, supporting future amenity growth and continued area investment. This offering presents a rare opportunity to develop within a stabilized residential area while benefiting from nearby commercial expansion and continued growth in the surrounding region
Property Details
Interior Details
Living Area
257875 sqft
Land & Location
Lot Size Area
257875.2 sqft
Lot Size Dimensions
257875.19999999998
Postal Code
T7X0R7
Listing & Financials
Listing Office
Royal LePage Noralta Real Estate
Originating System Name
REALTORS® Association of Edmonton – Commercial
Other Specifications
Country
Canada
Listed By
Royal LePage Noralta Real Estate
Mortgage Calculator
Estimated Monthly Payment
$29,083
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$29,083
Principal and interest only. Actual rates may vary.