Exceptional Investment Opportunity – Priced ~40% Below Appraised Value! This strategically located property presents an outstanding opportunity for investors and developers alike. Unique 0.9 Acres± IB-Zoned Development Site in Coronet Industrial Park, priced ~40% below appraised value. Prime 99 Street NW exposure with 23,000+ vehicles/day. Ideal for 2-storey commercial condos or multi-use development. Phase 1 next door is fully sold & owner-occupied. Sample plan: ~21,292 sq. ft. buildable area with ~$4.08M gross profit potential. Flexible zoning, excellent access to Whitemud, Gateway Blvd, Henday & QEII. Clean site with appraisal & info sheet available. Don’t miss this rare opportunity to capitalize on a high-potential development site in one of Edmonton’s fastest-growing corridors.
Address
5621 99 Street (Unit A) NW
List Price
$699,000
Property Type
Land
Area
Edmonton
Sub-Area
Coronet Industrial
MLS® Number
E4441023
Listing Brokerage
Century 21 Smart Realty
Postal Code
T6E 3N8
Zoning
Zone 41