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More details for 47 Street, Drayton Valley, AB - Land for Sale

12.8 Acres Residential & Commercial Land - 47 Street

Drayton Valley, AB T7A 1H6

  • Land for Sale
  • $1,970,000 CAD
  • 12.80 AC Lot

Drayton Valley Land for Sale

Growing Population: Drayton Valley’s population increased by 2.92% year-over-year in 2024, reaching a total of 7,898 residents. The town also experienced a 9.51% increase in population over the last five years. Affordable Housing Ready: Zoned for high-density and supported by the Town, this site aligns with CMHC programs and is ideal for affordable or workforce housing development. Strategic Location: Located near a commercial hub, the 12.8-acre property offers future residents easy access to essential services such as grocery stores, pharmacies, and the Drayton Valley Hospital. Prime Opportunity: Acquire the best residential / commercial development site in Drayton Valley, adjacent to established multi-family and residential areas. Development Potential: Preliminary concept includes eight 4-plexes and four apartment buildings, with in-place zoning also allowing for complementary commercial development. Infrastructure-Ready: Full municipal services with preliminary planning and servicing schedules completed for the development concept Proximity to Schools: The property is located within walking distance of Evergreen Elementary School, H. W. Pickup Junior High School and Frank Maddock High School.

Contact:

Hughes Commercial Realty Group

Property Subtype:

Residential

Date on Market:

2023-10-20
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LoopNet Canada Alberta Drayton Valley Farms & Agricultural Land Properties For Sale in T7A, Drayton Valley, Canada

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Farms & Agricultural Land Properties for Sale in T7A

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