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Edmonton 85 acres with industrial potential sells for $13.5 million

The parcel is Crown land but seen as ripe for future industrial development due to its location next to large Apex Business Park.
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Maxwell Polaris Commercial, Edmonton, for Western Investor

Property type: Crown land

Location: 14490 164 Street, Edmonton, Alberta

Size of land: 3,702,600 square feet

Land size in acres: 85 acres

Zoning: Agricultural

Potential: Industrial development

List price: $15.72 million

Sale price: $13.52 million

Vendor: Government of Alberta

Date of sale: July 5, 2022

Brokerage: Maxwell Polaris Commercial, Edmonton.

Broker: Ian Fletcher