Property Description

74.08 acres of prime development land within the town of Redwater with an additional 6 acres available on a separate title($4000 a year lease revenue). Listed at Appraised value as of Nov 2020 this parcel is Zoned industrial M2 allowing for a variety of industrial and commercial uses including cannabis operations. This parcel is adjacent to Listing xxxxxxxx a 90 acre parcel that has a current application in for final approval of a new Area Structure Plan that will allow the subdivision of 1-3 larger industrial lots (12 acres) in phase 1 and 39 smaller individual industrial commercial lots in phase 2. All utilities to the property line and potential to reinstate the historic rail line. A great investment for a savvy investor with a finger on the Heartbeat of the Heartland.