Property view at 4;20;47;11;SW&4;20;47;2 833 HWY NORTH  , Camrose - Land - Photo 1 of 4 | Calgary real estate investment
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4;20;47;11;SW&4;20;47;2 833 HWY NORTH

Camrose, Alberta T4V 4Z8
MLS® A2046357902 days on marketListed May 4, 2023
Exclusive Offering
$4,800,000

Property Overview

Amazing Development Potential!! Power is at the lot line and city water is at the road.

This 152 Acre Property is located with in the City limits.

Camrose is approximately 1 hour from Edmonton and 45 minutes from the Edmonton International Airport. The City of Camrose has positive growth rate and with the population just under 20,000 and steadily increasing the future development possibilities are endless.

The city has that small town feeling with its beautiful downtown core and unique shops and restaurants but also has the big City amenities such as the University of Alberta (Augustana Campus), big box stores for all your shopping needs, and an industrial East end.

There are many activities to attract families to Camrose including walking trails, bike paths, hockey (Camrosian's love their Kodiaks and Vikings), figuring skating, dance, a new gymnastics club, skiing, the newly updated aquatic center complete with spray park, several ball diamonds and soccer fields.

If you are looking for the next big development project, this may the perfect parcel for you.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Investment Considerations

Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Land Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.

GA4 Testing

Tests 6 events including Tier 1 conversions