- What A 104-acre property in Calgary is on the block for $23m
- Why The land is a rare opportunity to buy such a parcel within the city
- What next It is proposed to be zoned commercial and light industrial
A 104-acre property on the north side of Calgary has been floated for $23m.
The undeveloped land at 12421 15th Street NE is in an industrial part of the city near Calgary International Airport.
CBRE has the marketing assignment for the vendor, a private investor.
Marketing materials pitch the property as a “strategic and rare” development opportunity in a quickly growing city. As the City of Calgary considers planning amendments that would affect the area, the site has the potential to be zoned for commercial and light industrial in the future.
The property is 14 km from downtown Calgary, 3 km from the airport and less than 2 km from Highway 201 access.
It’s adjacent to the Coventry Hills residential neighbourhood and 1 km west of the Deerfoot Trail NE.
