The Opportunity

Overview

This 151.8 acre property, located in Lacombe County, Alberta, is currently used as grazing land. It is in a prime position at the southwest corner of Highway 2 and Highway 604 diamond-style overpass. The land offers exceptional highway visibility and appeal, making it ideal for highway development. The current owner would consider subdividing the land for highway development.Adjacent to the renowned Wolf Creek Golf Resort and nearby high-end communities such as Wolf Creek Estates and the Village of Wolf Creek, the property is perfectly positioned for future growth. With excellent access and visibility from Highway 2, the land benefits from an estimated 32,000 vehicles passing daily, providing immense potential for a wide range of highway-oriented businesses. (id:61970)

Investment highlights

01Vacant Land

Property details

Property type: Vacant Land
Transaction: For sale
Site area: 151.8 acres
Listing brokerage: Marcel Leblanc Real Estate Inc.
Listing representative: Steve Leblanc
Board / association: Red Deer (Central Alberta)

Financial information

Asking price$3,900,000

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Location intelligence

QE2 and 604 Highway
Rural Lacombe County, Alberta T4J1R5

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Documents

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From interest to a decision

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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: 27408417
Last supplied (UTC): September 7, 2026
Listing brokerage: Marcel Leblanc Real Estate Inc.
Listing representative: Steve Leblanc
Board / association: Red Deer (Central Alberta)

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: Marcel Leblanc Real Estate Inc. · Listing representative: Steve Leblanc · Board/association: Red Deer (Central Alberta) · Updated (UTC): Sep 7, 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.