Office:  403-460-3888

4; 27; 39; 23; NE Legal Address
NONE Blackfalds T0M 0J0

$4,000,000
Land

Main Photo: 4; 27; 39; 23; NE Legal Address: Blackfalds Residential Land for sale : MLS®# A2074642
Photo 1: 4; 27; 39; 23; NE Legal Address: Blackfalds Residential Land for sale : MLS®# A2074642
Photo 2: 4; 27; 39; 23; NE Legal Address: Blackfalds Residential Land for sale : MLS®# A2074642
Photo 3: 4; 27; 39; 23; NE Legal Address: Blackfalds Residential Land for sale : MLS®# A2074642
Photo 4: 4; 27; 39; 23; NE Legal Address: Blackfalds Residential Land for sale : MLS®# A2074642
Status:
Active
Prop. Type:
Land
MLS® Num:
A2074642
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.
Property Type:
Land
Property Sub Type:
Residential Land
Transaction Type:
For Sale
Taxes:
$4,551.77 / 2023
Lot Area:
80 acre(s)
Bathrooms:
- (Full:-, Half:-)
Ensuite:
No
Garage:
0
NONE
N/A
See Remarks
Title to Land:
Fee Simple
Num. of Parcels:
0
Fencing:
None
Region:
Lacombe County
Zoning:
Res
Listed Date:
Sep 13, 2023
Days on Mkt:
79
  • Photo 1: 4; 27; 39; 23; NE Legal Address: Blackfalds Residential Land for sale : MLS®# A2074642
    Photo 1 of 4
  • Photo 2: 4; 27; 39; 23; NE Legal Address: Blackfalds Residential Land for sale : MLS®# A2074642
    Photo 2 of 4
  • Photo 3: 4; 27; 39; 23; NE Legal Address: Blackfalds Residential Land for sale : MLS®# A2074642
    Photo 3 of 4
  • Photo 4: 4; 27; 39; 23; NE Legal Address: Blackfalds Residential Land for sale : MLS®# A2074642
    Photo 4 of 4
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Data was last updated December 1, 2023 at 05:30 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$153,900
Min list price:
$89,900
Max list price:
$4,800,000
Avg days on market:
196
Min days on market:
1
Max days on market:
597
These statistics are generated based on the current listing's property type and located in Blackfalds. Average values are derived using median calculations.
Simret Kaur Rai
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.