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507 Laura Av - Gasoline Alley West 1.2 - 7.14 Acre Commercial Land Lots Offered at $788,620 - $4,170,926 USD Per Lot in Red Deer County, AB T4E 0A5


INVESTMENT HIGHLIGHTS
- Offsite levies paid.
- Lands are stripped, graded and ready for immediate development.
- Quick and easy access to major arterial roadways including the HWY 2.
- Fully serviced commercial zoned lots.
- Desirable high exposure Gasoline Alley opportunities.
- High quality land.
EXECUTIVE SUMMARY
Colliers is pleased to present the excellent opportunity to purchase desirable commercially zoned land in the heart of Gasoline Alley, Red Deer County. Gasoline Alley is a community with unprecedented growth which promotes a healthy environment, job creation and business diversity. Located directly south of the City of Red Deer, along Alberta’s busiest transportation corridor, Gasoline Alley offers a significant amount of opportunity for business development and investment. In 2021, over $10M was invested in intersection upgrades to help keep the high volume of traffic moving efficiently and safely. Attractive tax rates, high focus on red tape reduction for new developments, and award winning residential communities are just a few reasons why national and local companies choose Gasoline Alley.
PROPERTY FACTS
| Price | $788,620 - $10,919,473 USD | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 5 | Total Lot Size | 17.01 AC |
| Property Type | Land | ||
| Zoning | C2/C7/C6 - Commercial | ||
| Price | $788,620 - $10,919,473 USD |
| Sale Type | Owner User |
| No. Lots | 5 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 17.01 AC |
| Zoning | C2/C7/C6 - Commercial |
5 LOTS AVAILABLE
Lot 1
| Price | $788,620 USD | Lot Size | 1.20 AC |
| Price Per AC | $657,183.74 USD |
| Price | $788,620 USD |
| Price Per AC | $657,183.74 USD |
| Lot Size | 1.20 AC |
1) Lot 15; Block 9; Plan 1424027 1.20 Acres - $900,000/acre Zoned - C7 Mixed Residential
Lot 2
| Price | $1,483,775 USD | Lot Size | 2.54 AC |
| Price Per AC | $584,163.33 USD |
| Price | $1,483,775 USD |
| Price Per AC | $584,163.33 USD |
| Lot Size | 2.54 AC |
2) Lot 1; Block 9; Plan 8121555 2.54 Acres - $800,000/acre Zoned - C7 Mixed Residential
Lot 3
| Price | $4,170,926 USD | Lot Size | 7.14 AC |
| Price Per AC | $584,163.33 USD |
| Price | $4,170,926 USD |
| Price Per AC | $584,163.33 USD |
| Lot Size | 7.14 AC |
3) Lot 21; Block 9; Plan 2220515 7.14 Acres - $800,000/acre Zoned - C2 General Commercial District
Lot 4
| Price | $1,993,457 USD | Lot Size | 2.73 AC |
| Price Per AC | $730,204.16 USD |
| Price | $1,993,457 USD |
| Price Per AC | $730,204.16 USD |
| Lot Size | 2.73 AC |
4) Lot 3; Block 3; Plan 0826250 2.73 Acres - $1,000,000/acre Zoned - C6 Neighbourhood Commercial
Lot 5
| Price | $2,482,694 USD | Lot Size | 3.40 AC |
| Price Per AC | $730,204.16 USD |
| Price | $2,482,694 USD |
| Price Per AC | $730,204.16 USD |
| Lot Size | 3.40 AC |
5) Lot 15; Block 10; Plan 1225165 3.40 Acres - $1,000,000/acre Zoned - C2 General Commercial District
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507 Laura Av - Gasoline Alley West
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