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Hwy 12

3.02 Acres of Residential Land Offered at £442,908 in Lacombe, AB T4L 1A8

Investment Highlights

  • Versatile development potential.
  • The area boasts convenient access to amenities including Wendy’s, Petro Canada, Blindman Brewing, and Pentagon Farm Centre.
  • Situated south of Highway 12 along Metcalf Way.

Executive Summary

This 3.02-acre parcel, proposed to be subdivided from a 67.27-acre property, is ideally located in a new and upcoming neighbourhood in Lacombe. Situated south of Highway 12 along Metcalf Way, the land is zoned R4 - Residential Mixed District, offering versatile development potential. The area boasts convenient access to amenities including Wendy’s, Petro Canada, Blindman Brewing, and Pentagon Farm Centre. Lacombe, a city in central Alberta, is positioned approximately 25 kilometres north of Red Deer and 125 kilometres south of Edmonton. As of 2023, Lacombe has a population of 14,344, reflecting a 1.53% annual increase. This growing community provides an excellent opportunity for development in a strategically located and vibrant area.

Property Facts

Price £442,908
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 3.02 AC
Cross Streets Metcalf Way

1 Lot Available

Lot

Price £442,908
Price Per AC £146,658
Lot Size 3.02 AC

PLANNING DOCUMENTS: South East Area Structure Plan, Metcalf Ridge Outline Plan. SUBDIVISION OPTIONS: 44 Townhouse Lots (20’ wide), 26 Duplex Lots (40’ - 43’ wide), 20 Single Family Lots (56’ wide).

Description

Situated south of Highway 12 along Metcalf Way, the land is zoned R4 - Residential Mixed District, offering versatile development potential. The area boasts convenient access to amenities including Wendy’s, Petro Canada, Blindman Brewing, and Pentagon Farm Centre. Lacombe, a city in central Alberta, is positioned approximately 25 kilometres north of Red Deer and 125 kilometres south of Edmonton. As of 2023, Lacombe has a population of 14,344, reflecting a 1.53% annual increase.

zoning

Zoning Code R4 (Residential Mixed District)
R4 (Residential Mixed District)
  • Listing ID: 32982619

  • Date on Market: 28/08/2024

  • Last Updated:

  • Address: Hwy 12, Lacombe, AB T4L 1A8

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