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36 NW Rural 114 Acres of Industrial Land Offered at $4,500,000 CAD in Penhold, AB T4N 1V1
Investment Highlights
- Full municipal services are available for tie-in, featuring an abundant water supply and power.
- Located approximately 3 km south of Red Deer Regional airport
- Rare opportunity featuring CP Rail Infrastructure on site with CN Rail service potential.
- Lower land, operating costs, and real estate taxes compared to the Calgary and Edmonton metropolitan areas.
Executive Summary
Jones Lang LaSalle Real Estate Services, Inc. (“JLL” and/or the “Advisor”) has been exclusively retained to offer for sale an exceptional rail serviced industrial land opportunity strategically positioned in Penhold, Alberta (the “Site”). This 114-acre Site is situated 16 kilometres (“km”) south of Red Deer and equidistant between Calgary and Edmonton (roughly 140 kms from each). The Site is zoned I1 (Light Industrial) and I2 (Heavy Industrial), ready for immediate development. With approximately 92 developable acres, the Site has significant industrial potential with flexibility for phased growth or immediate large-scale operations. Key features include direct Highway 2A access, the CPR line abutting the eastern property boundary, and CN rail service potential. If residential development is desired, the Town of Penhold is open to an expedited land-use amendment process to support a comprehensively planned residential subdivision.
Property Facts
1 Lot Available
Lot
| Price | $4,500,000 CAD | Lot Size | 114.00 AC |
| Price Per AC | $39,473.68 CAD |
| Price | $4,500,000 CAD |
| Price Per AC | $39,473.68 CAD |
| Lot Size | 114.00 AC |
114 acre industrial development land in Penhold, Alberta.
Description
Centrally located in the heart of Alberta’s economic corridor. Within a 150 km radius, you can reach Edmonton’s industrial and energy sector, Calgary’s corporate headquarters and distribution networks, and Red Deer’s regional commercial base.
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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36 NW Rural
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