$4,200,000
( $1029.41Per Sq Foot )
 $22,547 est/mo Sourced by Back At You

2650 55 Street,Red Deer, AB T4P0Y3

Red Deer, AB T4P0Y3

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Description

Opportunities like this are rare-just under 3 acre acreage property located right within the City of Red Deer offering space, privacy, and exceptional future potential. Positioned just off Highway 11, this property benefits from excellent exposure and accessibility while still providing a private, established setting. Set on a generously sized parcel, the property features a large existing home surrounded by mature landscaping, creating a peaceful environment with the convenience of surrounding city amenities. What truly sets this property apart is its subdivision into two separate lots, opening the door to a wide range of possibilities. Whether you're looking to hold as an investment, redevelop, or explore multi unit opportunities, the potential here is substantial. With the possibility for rezoning (subject to city approval), this site could accommodate additional residential development, townhomes, a gated community concept, or even select commercial uses such as a strip style retail development. The combination of location, land size, and flexibility makes this an attractive option for builders, developers, and investors alike. Properties offering this level of versatility within city limits are increasingly hard to find. A rare opportunity to secure a high visibility parcel with both immediate use and long term upside. (id:13843)

Details

MLS #A2299292
Listing TypeFor Sale
StyleCommercial Mix
StatusActive
Days On Site210
Listing Provided ByCentury 21 Bravo Realty | Melissa Hammer

Features

SQ Feet4,080
ZoningA-1
Acreage1.45

Interior

Fireplace Yes / NoNo

Utilities

SewerSeptic tank

Taxes

Tax Annual Amount3515
Tax BlockX
Tax Lot17 & 18
Tax Year2026

Area Information

ProvinceAB
CityRed Deer
Postal CodeT4P0Y3
Listing VS Median (in T4P0Y3)
Price:
$4,200,000
low | high
Med:
$4,200,000
50% of Average
sqft:
4,080
low | high
Med:
4,080
50% of Average
$ / sqft:
$1,029
low | high
Med:
$1,029
50% of Average
On site:
210
low | high
Med:
210
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityRed Deer
Postal CodeT4P0Y3
Listing VS Median (in T4P0Y3)
Price:
$4,200,000
low | high
Med:
$4,200,000
50% of Average
sqft:
4,080
low | high
Med:
4,080
50% of Average
$ / sqft:
$1,029
low | high
Med:
$1,029
50% of Average
On site:
210
low | high
Med:
210
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.15M - $5.25M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
2650 55 Street Property Photo 1
$4,200,000
2650 55 Street
Red Deer, AB T4P0Y3
Listing Updated: October 30, 2026 at 12:45:48 PM PDT