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Investment Highlights

  • Adjacent to Edmonton’s new State of the Art Hospital/Health Campus Development
  • Located in the highly sought-after area of Heritage Valley
  • Close proximity to major roadways such as Ellerslie Road and the Anthony Henday

Executive Summary

The property spans 3.73 acres and is proposed for rezoning to either DC2 or a Special Area Zone. A transportation concept is being developed to ensure accessibility for all modes of transportation to and from the area. According to the Neighbourhood Area Structure Plan (NASP), the City has proposed a road alignment at 28 Avenue SW and 122 Street. Construction for the Heritage Valley Park and Ride has been approved and was expected to begin in 2023. Additionally, a new Catholic senior high school is currently underway in the Heritage Valley Town Centre, with an anticipated completion date in 2024. The site features design concepts and is located adjacent to Edmonton’s new state-of-the-art hospital and health campus, with hospital construction expected to be completed by 2030. The area is also in close proximity to major roadways such as Ellerslie Road and the Anthony Henday, and it is situated within the highly sought-after Heritage Valley community.

Property Facts

Price $2,965,964 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Hospital
Total Lot Size 3.73 AC
Zoning AG - Mixed Use

1 Lot Available

Lot

Price $2,965,964 USD
Price Per AC $795,164.56 USD
Lot Size 3.73 AC

3.37 acres of prime development land for sale. Located in Heritage Valley and adjacent to Edmonton's new State of the Art Hospital Campus Development. Proposed rezoning for D2 or Special Area Zone.

Description

This 3.73-acre site is located in the highly sought-after Heritage Valley community, offering excellent connectivity to major roadways such as Ellerslie Road and the Anthony Henday. The property is situated adjacent to Edmonton’s new state-of-the-art hospital and health campus, with construction of the hospital expected to be completed by 2030. A new Catholic senior high school is currently underway in the nearby Heritage Valley Town Centre, with completion anticipated in 2024. Construction of the Heritage Valley Park and Ride has also been approved and was expected to begin in 2023. As part of ongoing infrastructure planning, the City has proposed a road alignment at 28 Avenue SW and 122 Street under the Neighbourhood Area Structure Plan (NASP). Additionally, a transportation concept is being developed to ensure accessibility to the area for all modes of transportation. The site is proposed for rezoning to either a DC2 or Special Area Zone, presenting a valuable opportunity for future development.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 27193988

  • Date on Market: 11/28/2022

  • Last Updated:

  • Address: 2550 127 St SW, Edmonton, AB T6W 1A3

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