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Michigan St
Devon, AB
Land For Sale
·
4.03 AC
Investment Highlights
- Bordered to the south by Battery Creek Ravine, the site is directly connected to +25 km of Devon’s renowned trail system
Executive Summary
Cushman & Wakefield Edmonton is pleased to offer the opportunity to acquire a multi-family development site backing onto a ravine in Devon, Alberta. This development opportunity, comprised of 4.03 acres of R4 zoned land, has the capacity for 230+ units. A lower density design, however may also be desirable thereby taking advantage of its natural ravine location.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 4.03 AC |
| Zoning | R4 - Residential high density. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.03 AC |
| Zoning | R4 - Residential high density. |
1 Lot Available
Lot
| Price | $1,795,000 CAD | Lot Size | 4.03 AC |
| Price Per AC | $445,409.43 CAD |
| Price | $1,795,000 CAD |
| Price Per AC | $445,409.43 CAD |
| Lot Size | 4.03 AC |
4.03 ACRES MULTI-FAMILY DEVELOPMENT LAND
Description
Property is located in the Town of Devon, located just 15 minutes southwest of Edmonton. Devon is situated at the intersection of highways 60 and 19, which are designated as part of a Regional Ring Road system and is the truck bypass route around the City of Edmonton. The town is 10 minutes west of Highway 2, (Alberta’s major NorthSouth corridor), the Edmonton International Airport, and Nisku Business Park. Michigan Street has direct access to Highway 19 since Q4 (2023) as the roadway was extended from the north.
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