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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.
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