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Junction 42 - Junction 42 Phase 1 1.54 - 14.88 Acre Commercial Land Lots Offered at $639,100 - $7,440,000 CAD Per Lot in Penhold, AB T0M 1R0

Commercial Land Properties Alberta Junction 42, Penhold, AB T0M 1R0

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Investment Highlights

  • Fully serviced lots
  • No offsite levies
  • High-speed fiber optic internet cable lines
  • High visibility from the QE 11 Highway

Executive Summary

Junction 42 offers fully serviced, commercial, business service industrial, light industrial, and medium industrial lots ranging from 1.00 to 105.16 acres. With direct highway access, exceptional visibility, high-speed fibre connectivity, and proximity to Red Deer Regional Airport, the development is purpose-built for businesses seeking efficient regional distribution and long-term growth.

Attachments

Junction_42_Brochure_July2026.v2

Property Facts

Price $639,100 - $36,520,100 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Tienda de conveniencia
  • Drugstore
  • Fast Food
  • Neighbourhood Centre
  • Office Park
  • Restaurant
  • Warehouse
No. Lots 12 Total Lot Size 86.67 AC
Property Type Land
Price $639,100 - $36,520,100 CAD
Sale Type Investment
No. Lots 12
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Tienda de conveniencia
  • Drugstore
  • Fast Food
  • Neighbourhood Centre
  • Office Park
  • Restaurant
  • Warehouse
Total Lot Size 86.67 AC

12 Lots Available

Lot 10

Price $639,100 CAD Lot Size 1.54 AC
Price Per AC $415,000.00 CAD
Price $639,100 CAD
Price Per AC $415,000.00 CAD
Lot Size 1.54 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Highway Commercial (C3).

Lot 12

Price $7,440,000 CAD Lot Size 14.88 AC
Price Per AC $500,000.00 CAD
Price $7,440,000 CAD
Price Per AC $500,000.00 CAD
Lot Size 14.88 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Highway Commercial (C3).

Lot 13

Price $4,132,000 CAD Lot Size 10.33 AC
Price Per AC $400,000.00 CAD
Price $4,132,000 CAD
Price Per AC $400,000.00 CAD
Lot Size 10.33 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Business Service Industrial (BSI).

Lot 14

Price $1,252,000 CAD Lot Size 3.13 AC
Price Per AC $400,000.00 CAD
Price $1,252,000 CAD
Price Per AC $400,000.00 CAD
Lot Size 3.13 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Business Service Industrial (BSI).

Lot 15

Price $2,456,000 CAD Lot Size 6.14 AC
Price Per AC $400,000.00 CAD
Price $2,456,000 CAD
Price Per AC $400,000.00 CAD
Lot Size 6.14 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Business Service Industrial (BSI).

Lot 16

Price $908,000 CAD Lot Size 2.27 AC
Price Per AC $400,000.00 CAD
Price $908,000 CAD
Price Per AC $400,000.00 CAD
Lot Size 2.27 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Business Service Industrial (BSI).

Lot 18

Price $1,284,000 CAD Lot Size 4.28 AC
Price Per AC $300,000.00 CAD
Price $1,284,000 CAD
Price Per AC $300,000.00 CAD
Lot Size 4.28 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Medium Industrial.

Lot 19

Price $4,144,000 CAD Lot Size 10.36 AC
Price Per AC $400,000.00 CAD
Price $4,144,000 CAD
Price Per AC $400,000.00 CAD
Lot Size 10.36 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Medium Industrial.

Lot 20

Price $3,790,000 CAD Lot Size 7.58 AC
Price Per AC $500,000.00 CAD
Price $3,790,000 CAD
Price Per AC $500,000.00 CAD
Lot Size 7.58 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Light Industrial.

Lot 21

Price $3,125,000 CAD Lot Size 6.25 AC
Price Per AC $500,000.00 CAD
Price $3,125,000 CAD
Price Per AC $500,000.00 CAD
Lot Size 6.25 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Light Industrial.

Lot 22

Price $5,508,000 CAD Lot Size 13.77 AC
Price Per AC $400,000.00 CAD
Price $5,508,000 CAD
Price Per AC $400,000.00 CAD
Lot Size 13.77 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Medium Industrial.

Lot 23

Price $1,842,000 CAD Lot Size 6.14 AC
Price Per AC $300,000.00 CAD
Price $1,842,000 CAD
Price Per AC $300,000.00 CAD
Lot Size 6.14 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Medium Industrial.

Description

Designed to accommodate organizations of every size, Junction 42 provides a future-ready environment where small businesses can establish a strong presence, growing companies have room to expand, and larger industrial and commercial users benefit from outstanding transportation access, modern infrastructure, and a business-friendly development setting.

1 1
Exceptionally drivable
100/100
Not bikeable
10/100
Source: Local Logic®
(587) 317-0253

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 41410606

  • Date on Market: 2026-07-23

  • Last Updated:

  • Address: Junction 42, Penhold, AB T0M 1R0

The Land Property at Junction 42, Penhold, AB T0M 1R0 is currently available for Sale. Contact Cushman & Wakefield for more information.

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Junction 42 - Junction 42 Phase 1
(587) 317-0253 x

Junction 42 - Junction 42 Phase 1

Zack Darragh
(587) 317-0253

Brad Pilling
(587) 317-0253

Brent Johannesen
(587) 317-0253

Sam Hurl
(587) 317-0253

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