Highway 21 - Highway 16 & Highway 21, Sherwood Park, AB 68.69 Acres of Commercial Land Offered at $15,000,000 CAD in Sherwood Park, AB
INVESTMENT HIGHLIGHTS
- 68.69 acre ± development parcel located within the Cambrian Crossing approved Area Structure Plan
- Adjacent to Rohit & Mattamy Homes
- Just north of Yellowhead, Cambrian will offer easy accessibility to major arterial road networks
- Designated primarily for residential development
- Cambrian development to generate approximately 4,750 households, accommodate 11,450 residents
PROPERTY FACTS
| Price | $15,000,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 68.69 AC |
| Zoning | AD - Agriculture: Future Development |
1 LOT AVAILABLE
Lot
| Price | $15,000,000 CAD |
| Price Per AC | $218,372.40 CAD |
| Lot Size | 68.69 AC |
Land is located within the approved Cambrian Crossing Area Structure Plan, Strathcona County’s next major urban growth node Oldman Creek runs along the south boundary of the property, providing appealing natural features.
DESCRIPTION
MUNICIPAL ADDRESS Hwy 16 & Hwy 21, Strathcona County, AB LEGAL DESCRIPTION 4; 23; 53; 13; SE CURRENT ZONING AD (Agriculture: Future Development) PROPOSED ZONING Residential, Institutional SITE AREA 68.69 Acres ± ASP Cambrian Crossing SERVICES In progress (details available upon request) OFFSITE LEVIES $97,771/acre (2020) PROPERTY TAXES $94.21/annum (2020) POSSESSION Negotiable SALE PRICE $15,000,000 ($218,372/acre)
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