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820 King St
Spruce Grove, AB T7X 0J1
820 + 840 King Street · Land For Sale
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5.92 AC
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 5.92 AC |
| Zoning | R2 - Mixed Medium to High Density Residential District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 5.92 AC |
| Zoning | R2 - Mixed Medium to High Density Residential District |
1 Lot Available
Lot
| Price | $5,920,000 CAD | Lot Size | 5.92 AC |
| Price Per AC | $1,000,000.00 CAD |
| Price | $5,920,000 CAD |
| Price Per AC | $1,000,000.00 CAD |
| Lot Size | 5.92 AC |
Prime Multi-Family Development Opportunity in Spruce Grove 5.92+/- acres of R2 zoned development land in Spruce Grove. This well-positioned corner site is surrounded by established residential neighbourhoods.
Description
Prime Multi-Family Development Opportunity in Spruce Grove. Exceptional opportunity to acquire 5.92+/- acres of R2 zoned development land in Spruce Grove. This well-positioned corner site is surrounded by established residential neighbourhoods and offers excellent potential for medium to high density residential development within a mature and desirable community setting. Zoned R2 - Mixed Medium to High Density Residential District, the property permits a variety of housing forms including multi-unit dwellings, row housing, and street oriented residential development, providing flexibility for a range of development concepts. The site benefits from strong accessibility via Century Road with convenient connections to Highway 16 Yellowhead, allowing efficient regional access to Edmonton and surrounding areas. The property is strategically positioned near the expanding Westwind commercial development to the north, supporting future amenity growth and continued area investment. This offering presents a rare opportunity to develop within a stabilized residential area while benefiting from nearby commercial expansion and continued growth in the surrounding region.
