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Investment Highlights

  • Fully serviced lots
  • No offsite levies
  • High-speed fiber optic internet cable lines
  • High visibility from the QE 11 Highway

Executive Summary

Junction 42 offers fully serviced, commercial, business service industrial, light industrial, and medium industrial lots ranging from 1.00 to 105.16 acres. With direct highway access, exceptional visibility, high-speed fibre connectivity, and proximity to Red Deer Regional Airport, the development is purpose-built for businesses seeking efficient regional distribution and long-term growth.

Property Facts

Price $458,936 - $26,224,965 USD
Sale Type Investment
No. Lots 12
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Convenience Store
  • Drugstore
  • Fast Food
  • Neighborhood Center
  • Office Park
  • Restaurant
  • Warehouse
Total Lot Size 86.67 AC

12 Lots Available

Lot 10

Price $458,936 USD
Price Per AC $298,010.15 USD
Lot Size 1.54 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Highway Commercial (C3).

Lot 12

Price $5,342,640 USD
Price Per AC $359,048.37 USD
Lot Size 14.88 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Highway Commercial (C3).

Lot 13

Price $2,967,176 USD
Price Per AC $287,238.70 USD
Lot Size 10.33 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Business Service Industrial (BSI).

Lot 14

Price $899,057 USD
Price Per AC $287,238.70 USD
Lot Size 3.13 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Business Service Industrial (BSI).

Lot 15

Price $1,763,646 USD
Price Per AC $287,238.70 USD
Lot Size 6.14 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Business Service Industrial (BSI).

Lot 16

Price $652,032 USD
Price Per AC $287,238.70 USD
Lot Size 2.27 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Business Service Industrial (BSI).

Lot 18

Price $922,036 USD
Price Per AC $215,429.02 USD
Lot Size 4.28 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Medium Industrial.

Lot 19

Price $2,975,793 USD
Price Per AC $287,238.70 USD
Lot Size 10.36 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Medium Industrial.

Lot 20

Price $2,721,587 USD
Price Per AC $359,048.37 USD
Lot Size 7.58 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Light Industrial.

Lot 21

Price $2,244,052 USD
Price Per AC $359,048.37 USD
Lot Size 6.25 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Light Industrial.

Lot 22

Price $3,955,277 USD
Price Per AC $287,238.70 USD
Lot Size 13.77 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Medium Industrial.

Lot 23

Price $1,322,734 USD
Price Per AC $215,429.02 USD
Lot Size 6.14 AC

Located in the heart of Central Alberta, Cushman & Wakefield is pleased to present Junction 42 – a premier 290-acre business park strategically positioned along the QEII Highway, just south of Red Deer, Alberta. Zoned Medium Industrial.

Description

Designed to accommodate organizations of every size, Junction 42 provides a future-ready environment where small businesses can establish a strong presence, growing companies have room to expand, and larger industrial and commercial users benefit from outstanding transportation access, modern infrastructure, and a business-friendly development setting.

Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 41410606

  • Date on Market: 7/23/2026

  • Last Updated:

  • Address: Junction 42, Penhold, AB T0M 1R0

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