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Investment Highlights

  • Town of Strathmore will consider Amendment to current ASP
  • Located in Strathmore's Commercial and Residential Growth Area

Executive Summary

An exceptional opportunity to secure approximately 120 acres of prime development land positioned within Strathmore’s future growth area. Currently zoned Agricultural, the property is identified within the applicable Area Structure Plan for future residential development, with potential for a future commercial and residential concept through an ASP amendment and the required approval process.
This substantial landholding offers strong long-term potential for developers, investors and landholders looking to participate in Strathmore’s continued expansion. Its size, location and development potential make it a compelling opportunity for a thoughtfully planned residential and commercial project.
A rare chance to acquire a significant parcel of land in a strategic growth corridor. All future uses, subdivision, rezoning, servicing and development are subject to applicable approvals.
The property includes a tenant-occupied residence, and the remaining land is subject to a cattle lease. Tenancy, rental income, lease terms, notice requirements and possession details are available upon request.
Seller has discussed future planning potential with the Town of Strathmore. No ASP amendment, rezoning, subdivision or development approval is currently in place.
Buyer and buyer’s representatives must complete their own due diligence regarding planning, servicing, access, transportation, levies, environmental and geotechnical matters, drainage, tenancy, leases and required approvals. Do not enter the property, disturb the tenant or access the leased land without a confirmed appointment.

Property Facts

Price $7,248,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Hold For Development
  • Hold For Investment
  • Neighbourhood Centre
  • Outlet Centre
  • Power Centre
  • Single Family Development
  • Strip Centre
  • Agricultural
  • Agribusiness
Total Lot Size 120.00 AC
Zoning AG - Agricultural

1 Lot Available

Lot

Price $7,248,000 CAD
Price Per AC $60,400.00 CAD
Lot Size 120.00 AC

Seller also owns an additional approximately 24-acre parcel directly south, marketed separately. Seller prefers both parcels be purchased together for a combined landholding of approximately 144 acres, although individual offers may be considered.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 41520824

  • Date on Market: 2026-08-01

  • Last Updated:

  • Address: 3300 George Freeman Trl, Strathmore, AB T1P 2E5

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