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19 Mckenzie Dr - Unreserved Online Auction Oct. 17-19 9.61 Acres of Commercial Land Offered at $2,550,000 CAD in Red Deer, AB T4S 2H4
Investment Highlights
- 9.61-acre commercial development parcel with C-2 zoning.
- Full municipal services available at the lot line, including water, sewer, and utilities.
- Restrictive covenants in place to maintain development quality and standards.
- Exceptional visibility along Highway 2 with over 30,000 vehicles daily.
- Located in Gasoline Alley West, a high-traffic commercial corridor in Central Alberta.
- Full due diligence package available, including environmental and title reports.
Executive Summary
This 9.61-acre commercial development parcel is strategically located at the intersection of Highway 2 and McKenzie Drive in Gasoline Alley West, one of Central Alberta’s most active and established commercial corridors. The property offers direct highway visibility with traffic counts exceeding 30,000 vehicles per day, ensuring exceptional exposure for future development.
All municipal services, including water, sewer, natural gas, electrical, and telecom, are available at the lot line, providing a ready-to-build opportunity. The site is zoned C-2, allowing for a wide range of commercial uses. No development permit has been issued, giving buyers a clean slate for custom development. Off-site levies have been resolved, and a full due diligence package is available for review.
The property benefits from proximity to major retail and industrial operators, including Leon’s and Bluebird Storage, and is subject to restrictive covenants that maintain quality standards for future development. These covenants prohibit certain entertainment uses, heavy industrial operations, and self-storage facilities, ensuring a cohesive commercial environment.
All municipal services, including water, sewer, natural gas, electrical, and telecom, are available at the lot line, providing a ready-to-build opportunity. The site is zoned C-2, allowing for a wide range of commercial uses. No development permit has been issued, giving buyers a clean slate for custom development. Off-site levies have been resolved, and a full due diligence package is available for review.
The property benefits from proximity to major retail and industrial operators, including Leon’s and Bluebird Storage, and is subject to restrictive covenants that maintain quality standards for future development. These covenants prohibit certain entertainment uses, heavy industrial operations, and self-storage facilities, ensuring a cohesive commercial environment.
Property Facts
| Price | $2,550,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 9.61 AC |
| Zoning | C-2 zoning | ||
| Price | $2,550,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 9.61 AC |
| Zoning | C-2 zoning |
1 Lot Available
Lot 6
| Price | $2,550,000 CAD | Lot Size | 9.61 AC |
| Price Per AC | $265,348.60 CAD |
| Price | $2,550,000 CAD |
| Price Per AC | $265,348.60 CAD |
| Lot Size | 9.61 AC |
Description
The property is a 9.61-acre parcel located at the Highway 2 and McKenzie Drive interchange in Rural Red Deer County, Alberta. It is zoned C-2 and has municipal services available at the lot line. The site is positioned within Gasoline Alley West, an established commercial corridor with significant traffic volumes. No development permit has been issued. Restrictive covenants on title limit certain uses and establish building and landscaping standards.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
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Presented by
Lapp Realty Commercial Group
19 Mckenzie Dr - Unreserved Online Auction Oct. 17-19
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