A, 242233 Range Road 272, Rural Rocky View County
Courtesy Of RE/MAX IREALTY INNOVATIONS
$3,500,000 - 69 Acres
MLS® # A2059728
Courtesy Of GRAND REALTY
0 Baths
80 Acres
INVESTOR AND DEVELOPER ALERT!!! Approved Subdivision with Area Structure Plan and Land Use offering 7004 feet of developable frontage with single family lots (significant number of walkout lots), 2 Townhouse sites- each of 1.5 Acres and 3 duplex sites. Development cost are estimated at $2500 to $3000/ front foot, which includes land cost at $570/front feet. This margin does not include the upside from the townhouse site. Selling in the area ranges from $4500 - $6000 per front foot with a potential gross margin of $1700 per front foot or more. This could translate into a substantial gross margin (costs to be verified by an professional engineer). THE PROJECT IS SPADE READY SUBJECT O EXECUTING A DEVELOPMENT AGREEMENT WITH THE MUNICIPALITY.
Essential Information
MLS® #A2074642
Price$4,000,000
Bathrooms0.00
Acres80.00
TypeLand
Sub-TypeResidential Land
StatusActive
Community Information
SubdivisionNONE
CityBlackfalds
CountyLacombe County
ProvinceAlberta
Postal CodeT0M 0J0
Address
4; 27; 39; 23; Ne Legal Address
Additional Information
Date ListedSeptember 13th, 2023
Days on Market16
ZoningRes
Listing Details
OfficeCourtesy Of GRAND REALTY
Properties for Sale Similar to 4; 27; 39; 23; Ne Legal Address, Blackfalds, Alberta
0 Broadway Avenue, Blackfalds
Courtesy Of HANSEN LAND BROKERS INC.
$4,800,000 - 56 Acres
MLS® # A2015674
Listing Agent
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Blaine Dushanek
MaxWell Real Estate Solutions Ltd.
Associate Broker
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