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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.

Property Facts

Price $300,000 - $2,300,000 CAD
Sale Type Investment
No. Lots 7
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 119.55 AC
Zoning IC - Industrial Commercial

7 Lots Available

Lot 24

Price $300,000 CAD
Price Per AC $22,288.26 CAD
Lot Size 13.46 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.

Lot 25

Price $300,000 CAD
Price Per AC $33,370.41 CAD
Lot Size 8.99 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.

Lot 26

Price $300,000 CAD
Price Per AC $14,051.52 CAD
Lot Size 21.35 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.

Lot 27

Price $300,000 CAD
Price Per AC $10,111.22 CAD
Lot Size 29.67 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.

Lot 28

Price $300,000 CAD
Price Per AC $21,707.67 CAD
Lot Size 13.82 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.

Lot 29

Price $400,000 CAD
Price Per AC $36,663.61 CAD
Lot Size 10.91 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.

Lot 30

Price $400,000 CAD
Price Per AC $18,735.36 CAD
Lot Size 21.35 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.

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.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 41410631

  • Date on Market: 2026-07-23

  • Last Updated:

  • Address: Junction 42 - Phase 2, Penhold, AB T0M 1R0

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