Multi Family Development Land for Sale Michigan Street Devon Alberta

Economics

Price: $1,795,000

Space

Size: ±4.03 Acres
Type: Land / Multi-Family

Overview

Multi family development land for sale on Michigan Street in Devon, Alberta. The 4.03 acre site is zoned R4 High Density Residential and backs directly onto Battery Creek Ravine. The property has capacity for over 230 units based on previous approvals, with services stubbed to the site. Located 15 minutes southwest of Edmonton with direct access to Highway 19.

Specifications

Acres: ±4.03 Acres

Available Spaces

1 listing

Size

±4.03 Acres

Type

Land / Multi-Family

Rate

$1,795,000

Status

For Sale

Demographics

From brochure

POPULATION Within 1 KM: 2,623
AVG. INCOME Within 1 KM: $149,621
HOUSEHOLDS Within 1 KM: 714
POPULATION Within 3 KM: 7,061
AVG. INCOME Within 3 KM: $127,101
HOUSEHOLDS Within 3 KM: 1,916
POPULATION Within 5 KM: 7,603
AVG. INCOME Within 5 KM: $132,539
HOUSEHOLDS Within 5 KM: 2,076

Location

Michigan Street/Battery Creek Ravine, Devon, AB

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