
Mill 99 Lands
9905 80 Avenue Northwest, Edmonton, AB, T6E 1S9, CA
3,224 ㎡
Jones Lang LaSalle Real Estate Services, Inc. (“JLL” and/or the “Advisor”) has been exclusively retained to offer for sale an exceptional rail serviced industrial land opportunity strategically positioned in Penhold, Alberta (the “Site”). This 114-acre Site is situated 16 kilometres (“km”) south of Red Deer and equidistant between Calgary and Edmonton (roughly 140 kms from each).
The Site is zoned I1 (Light Industrial) and I2 (Heavy Industrial), ready for immediate development. With approximately 92 developable acres, the Site has significant industrial potential with flexibility for phased growth or immediate large-scale operations. Key features include direct Highway 2A access, the CPR line abutting the eastern property boundary, and CN rail service potential.
If residential development is desired, the Town of Penhold is open to an expedited land-use amendment process to support a comprehensively planned residential subdivision.
The Site is being offered for sale with an asking price of $4,500,000.