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Broadway Avenue, Blackfalds, AB T0M0J0

$4,800,000Aurora
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Property Overview

  • Vacant Land Home Type
  • Vacant Land Building Type
  • 55.8 Acres Lot Size
  • AuroraCommunity
  • 0 Beds
  • 0 Full Baths
  • 0 Half Baths
  • 0 Parking Space(s)
  • 0 Year Built
  • — Property Taxes
  • 1353 days Days on Market
  • A2015674 MLS® #
  • Residential Land Use
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Sale Analysis

Auto-generated

This vacant land in Aurora is listed at $4,800,000.

How does time on market compare with similar properties?

This listing has been on the market for 1352 days, longer than the 126 days comparable average.

How does the asking price of $4,800,000 compare with similar properties nearby?

Based on 3 land-compatible comparable sales, the asking price of $4,800,000 is broadly in line with the $4,800,000 benchmark. The asking price is also above the recent comparable sale range of $95,000 to $140,000, based on 3 sales.

What does this mean for the local market?

Comparable sales in Aurora averaged 93.8% of list price, or 6.2% below list.

What kind of property is this?

This is approximately 2,430,648 sqft of vacant land in Aurora.

This analysis is automatically generated using available sales and market data. It may contain errors and should not be relied on as financial or legal advice.

Description

Take a little, take a lot. Aurora Heights SE-34 consists of 58.59 +/- Acres of residential development lands sitting on the east side of Broadway Avenue(Range Road 272). There are many of the initial approvals, clearing, and grading work being completed for a residential community. The lands are located between Highway 2 and Highway 2A, the access to the highways and the town makes these lands perfectly situated for ease of access to all amenities. Seller is willing to subdivide off a portion in order to create your ideal development, this could allow for you to invest your capital in phases coinciding with your sales. Please consider adding this to your building plan. This quarter has a lot of improvements including the initial approvals, clearing the site, rough grading the entire quarter, some underground servicing, subdivision approval of phases 2D and design drawings of the same. Phase 4 can be bought separately for $1,200,000

Interior Details

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Exterior Details

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