**S-FUD land facing 22X with redevelopment (residential, assisted living, commercial, parks, school) happening across the street** Land half miles away is selling at twice the price, this is a super deal. With Hopewell and Melcor developments less than a few hundred meters away. Priced to sell. Rare opportunity to own a large 49.55 Acres parcel within City of Calgary limits. Ready for Calgary ASP at any moment. Bank the land for long term or redevelop with City’s approval. Current use is storage business and tree farm. This is the perfect time to acquire a prime piece of land as land value will continue to steadily increase over time, or value will jump substantially when City re-designates land use. $125k per acre.
|Price Reduced (from $6,450,000)||$6,400,000||$50,000 (0.78%)|
Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.
Listing information last updated on July 12th, 2020 at 12:46am MDT.