0 Highway 2 - Precision Drilling Surplus Land 46.46 Acres of Commercial Land Offered at $2,787,600 CAD in Red Deer, AB T4N 1E3

46.46 acres of land available ready to be developed, great exposure to Highway 2A and convenient access to the major highways. Potential rail spur can be added to the land.
Subject property has been subdivided and falls under the North of 11A Major Area Structure Plan (“MASP”). The MASP identifies the area to be light and heavy industrial land use with any future development or subdivision of the parcel requiring an Industrial Area Structure Plan (“IASP”). An IASP would not be required in the event the entire parcel was developed and used. Municipal Reserve and Offsite Levies remain outstanding for the parcel and are detailed below. As part of the sale, the Vendor will extend the current roadway northwards to the subject property on the east side. Municipal services (water, storm, and sewer) are not currently planned to be extended to the parcel within the next 10 years but under special provisions and further investigation, water services may be able to be brought to the subject property.