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2308 Parsons Rd NW - PARSONS ROAD/23RD AVE REDEVELOPMENT SITE 2.97 Acres of Commercial Land Offered at $4,441,515 USD in Edmonton, AB T6N 2B2
INVESTMENT HIGHLIGHTS
- 2.97 acres± with 1,000+ ft frontage on 23rd Avenue
- Adjacent to South Edmonton Common (2.5M+ sq.ft. retail hub)
- Flexible zoning for commercial/light industrial uses
- Prime South Edmonton location at Parsons Road & 23rd Avenue
- Exposure to 51,200+ vehicles/day (2022)
- Multiple access points including direct 23rd Avenue entry
EXECUTIVE SUMMARY
• Marquee South Edmonton location on the intersection of Parsons Road and 23rd Avenue with exposure to over 51,200 vehicles per day (City of Edmonton, 2022)
• Directly adjacent to South Edmonton Common, one of North America’s largest open-air retail developments consisting of over 2.5 million square feet of shopping, dining and entertainment experiences
• Flexible zoning targeting a wide range of commercial and light industrial development possibilities
• Potential for multiple access points including directly off 23rd Avenue
• Unparalleled access to Calgary Trail/Gateway Boulevard (Hwy 2) and Anthony Henday Drive
• Existing building on site (approx. 7,000 sq.ft.±); Note: Please do not approach existing Tenant directly – Inquire only with listing agent for more information
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (USD) | ANNUAL PER AC (USD) |
|---|---|---|
| Taxes |
-
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-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (USD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (USD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $4,441,515 USD | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.97 AC |
| Property Type | Land | ||
| Zoning | DC2 | ||
| Price | $4,441,515 USD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.97 AC |
| Zoning | DC2 |
1 LOT AVAILABLE
Lot
| Price | $4,441,515 USD | Lot Size | 2.97 AC |
| Price Per AC | $1,495,459.65 USD |
| Price | $4,441,515 USD |
| Price Per AC | $1,495,459.65 USD |
| Lot Size | 2.97 AC |
High-profile 2.97-acre± redevelopment site with over 1,000 feet of direct frontage on 23rd Avenue, offering exceptional visibility and access.
DESCRIPTION
Strategically positioned at the intersection of Parsons Road and 23rd Avenue in South Edmonton, this marquee site benefits from exposure to over 51,200 vehicles daily (City of Edmonton, 2022). It sits directly adjacent to South Edmonton Common—one of North America’s largest open-air retail destinations with over 2.5 million square feet of shopping, dining, and entertainment. The property features flexible zoning suitable for a wide range of commercial and light industrial uses, with potential for multiple access points including direct entry from 23rd Avenue. It also offers seamless connectivity to Calgary Trail/Gateway Boulevard (Hwy 2) and Anthony Henday Drive. An existing ±7,000 sq.ft. building is located on-site. Please do not approach the current tenant directly—contact the listing agent for more information.
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2308 Parsons Rd NW - PARSONS ROAD/23RD AVE REDEVELOPMENT SITE
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