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Michigan St - Devon Residential Development Land

4.03 Acres of Commercial Land Offered at £1,021,209 in Devon, AB

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Investment Highlights

Bordered to the south by Battery Creek Ravine, the site is directly connected to +25 km of Devon’s renowned trail system.
Immediate and direct access to Highway 19 for future residents.

Michigan Street, the road with direct access to the site, has recently been extended south (completed Q4 2023).

Executive Summary

• Located 15 minutes southwest of Edmonton and only 20 minutes west of the International Airport, Nisku and Leduc, with each location seamlessly connected by the new Highway 19/60 interchange
• Bordered to the south by Battery Creek Ravine, the site is directly connected to +25 km of Devon’s renowned trail system
• Michigan Street, the road with direct access to the site, has recently been extended south (completed Q4 2023) providing immediate and direct access to Highway 19 for future residents

Devon Multi-Family Land Brochure 04.23.2024

Property Facts

Price	£1,021,209	Property Subtype	Commercial
Sale Type	Owner User	Proposed Use	Apartment Units
No. Lots	1	Total Lot Size	4.03 AC
Property Type	Land

Price	£1,021,209
Sale Type	Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Apartment Units
Total Lot Size	4.03 AC

1 Lot Available

Lot

Price	£1,021,209	Lot Size	4.03 AC
Price Per AC	£253,402

Price	£1,021,209
Price Per AC	£253,402
Lot Size	4.03 AC

4.03 acres of land zoned R4 (high density residential) allowing buildings up to 4 storeys, with the Town of Devon expressing significant interest in rezoning to suit a developer's desire (low/medium density residential etc.).

Description

Located 15 minutes southwest of Edmonton and only 20 minutes west of the International Airport, Nisku and Leduc, with each location seamlessly connected by the new Highway 19/60 interchange. Zoned R4 (high density residential) allowing buildings up to 4 storeys, with the Town of Devon expressing significant interest in rezoning to suit a developers desire (low/medium density residential etc.)

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