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2651 50th St
Drayton Valley, AB T7A 0C6
Drayton Valley Development Land · Land For Sale · 120.00 AC

Investment Highlights

  • Designated areas for low- and high-density residential and commercial uses.
  • Strong regional connectivity via Highway 22 and Highway 620, near retail and hospitality amenities.
  • Located along 50th Street with excellent visibility and access

Executive Summary

This 120-acre development parcel in Drayton Valley, Alberta, offers a rare opportunity for large-scale residential and commercial development. Located at 2651 50th Street, the property benefits from an approved Area Structure Plan (ASP) that designates land uses for both low- and high-density residential on the east and north portions, as well as commercial uses along the 50th Street frontage.
Offered at $3.6 million ($30,000 per acre), this property represents a strategic investment for developers seeking to capitalize on Drayton Valley’s growth potential. The combination of residential and commercial zoning, large contiguous acreage, and favorable planning approvals positions this site as a prime candidate for phased development or a master-planned community.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Single Family Residence
Total Lot Size 120.00 AC
Zoning S-URB Special - Urban Reserve District

1 Lot Available

Lot

Price $3,600,000 CAD
Price Per AC $30,000.00 CAD
Lot Size 120.00 AC

120 acres of residential/commercial development land.

Description

The site is positioned within the S-URB Special Urban Reserve District, providing flexibility for future development. With direct access to 50th Street and proximity to major routes such as Highway 22 (Cowboy Trail) and Highway 620, the property ensures strong connectivity to the surrounding region. Nearby amenities include retail centers, hospitality options, and established residential neighborhoods, supporting a balanced mixed-use community.

  • Listing ID: 39851684

  • Date on Market: 2026-03-20

  • Last Updated:

  • Address: 2651 50th St, Drayton Valley, AB T7A 0C6

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