The Willows Lloydminster_Property for Sale

12 St, Lloydminster, SK S9V 2G6, Canada, Lloydminster, SK, S9V 0Z7, CA

The Willows Lloydminster

Asset Description

Jones Lang Lasalle Real Estate Services, Inc. and ICR Commercial Real Estate (the “Advisory Team”) has been exclusively retained to offer for sale a 100% freehold interest in The Willows (the “Site”), two 159-acre parcels totalling 318 acres of future development land located in the southeast corner of Lloydminster, Saskatchewan.

Under a flexible offering structure, investors have the opportunity to acquire one or both parcels.

The site is well-positioned as the next logical parcel for development. The fully approved Area Structure Plan (“ASP”) provides a vision for the mixed-use development containing low and medium density residential, commercial, parks and open spaces, a school, and a stormwater management facility.

The Site is being offered for sale at an asking price of $28,000 per gross acre, or $8,900,000. Please reach out to the Advisors for further details.

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Investment Highlights

Area Structure Plan (ASP) in Place: A fully developed ASP provides an approved layout for a long-term vision for the Site.

Land use designations, transportation and infrastructure planning, and environmental considerations are in place to guide the development.
Servicing solutions possible on a near-term basis.

Two Separate Titles: Two separate titles provide an opportunity to acquire one or both parcels, totalling 159 or 318 acres, enabling flexibility for smaller scale development plans.

Phased Development: The Willows’ development is spread over multiple stages. This logical phasing of development will cater to market demand.

Strategic Location: A planned future sanitary trunk needs to come from the Site in order to open any new residential development on the Alberta side of Lloydminster.

Bi-Provincial Status: Lloydminster has a unique bi-provincial status as it straddles the Alberta/Saskatchewan border. While the Province of Saskatchewan has implemented a Provincial Sales Tax (PST), the City of Lloydminster is PST-exempt within municipal boundaries with few exceptions.

Agricultural Production: The Site possesses good agricultural land with active seed crop.