5318 52 STREET, GIBBONS, AB T0A 1N0

Property Description for 5318 52 ST

Fantastic investment opportunity for this prime 8.83 acres of land along the sturgeon river, subdivided into 36 lots. The land is a long, narrow, approximately rectangular lot located on the north side of the railway tracks and west of Highway 28A, within the north side of the Town of Gibbons. The land is presently zoned R-S and the review going forward of the updated Land Use Bylaw will be DCC (Direct Control Cottage) Priced to sell below tax assessed value, this is a prime opportunity for any developer to build a beautiful scenic cottage community.