Courtesy Of Gregory Pallister Of Royal LePage Lifestyles Realty

3910 Highway 12, Lacombe

$1,200,000

0 Baths
8 Acres

7.9 acres of high visibility, highway commercial frontage in the City of Lacombe with direct access off Hwy 12 and Wolf Creek Drive. In a 2021 letter, the City confirmed a minimum of two access points - one right in/right out entrance/exit off Hwy 12 and a second one off Wolf Creek Drive. A final decision with regards to more access points, left hand turns, etc. would be made after the City has reviewed the results of a (required) traffic impact study. The sight lines are ideal with direct exposure to major traffic routes. Trade activity in this community is growing and the site is surrounded by new construction including the Pentagon Farm Centre, Police Station, Metcalf Ridge (residential), and more to come. The City of Lacombe has shown a strong interest in seeing this bustling corner developed. Permitted and discretionary uses for this Highway Commercial District provide the buyer with a wide range of development opportunities. All major services are located nearby. An environmental report was completed in 2011. The small house (new shingles and painted in 2016) and decent sized detached garage is tenant occupied and generates $1050 per month in rental revenue that helps cover the tax and insurance cost until development begins. Seller would consider trades for farmland or recreational property.

Essential Information
MLS® #A1117833
Price$1,200,000
Bathrooms0.00
Acres8.00
TypeLand
Sub-TypeCommercial Land
StatusActive
Community Information
Address3910 Highway 12
SubdivisionWolf Creek Crossing
CityLacombe
CountyLacombe
ProvinceAlberta
Postal CodeT4L 1A6
Exterior
Lot DescriptionCorner Lot
Additional Information
Date ListedJune 8th, 2021
Days on Market5
ZoningC4
Listing Details
Office

Courtesy Of Gregory Pallister Of Royal LePage Lifestyles Realty

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