The Opportunity

Overview

Quick development potential exists with this 19.67 acre parcel of land located in Shaftesbury Estates. Located directly South of all of the existing homes in the neighborhood, plenty of planning and prep work has gone into this land making it the logical next choice for future residential development. Take advantage of all of the work that the current owner has done to make this next to shovel ready. The existing plans provision for 79 single family home lots but one could work with the town to create a 55+ community or townhouse style development. There is lots of potential here for someone with a vision. Call today to find out more! (id:61970)

Investment highlights

01Vacant Land

Property details

Property type: Vacant Land
Transaction: For sale
Site area: 19.67 acres
Listing brokerage: RE/MAX Northern Realty
Listing representative: Layne Gardner
Board / association: Grande Prairie

Financial information

Asking price$699,000

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Location intelligence

92 Street
Peace River, Alberta T8S1R7

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Documents

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 25128466
Last supplied (UTC): June 4, 2026
Listing brokerage: RE/MAX Northern Realty
Listing representative: Layne Gardner
Board / association: Grande Prairie

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: RE/MAX Northern Realty · Listing representative: Layne Gardner · Board/association: Grande Prairie · Updated (UTC): Jun 4, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.