01 / Property Detail
RAILYARDS
4948 54th Avenue , Red Deer, AB
$799,000
Commercial · MLS® A22909075,870Sq Ft
25Garage
1962Year Built
02 / Overview
PROPERTY OVERVIEW
0.48 Acres – Industrial Property with Redevelopment Potential in Red Deer Railyards
Rare opportunity to acquire 0.48 acres of flat land with a 5,800 sq. ft. industrial building in the rapidly evolving Railyards district in the core of Red Deer. This property offers excellent potential for owner-users, investors, or future redevelopment as the City advances plans for medium- to high-density development in the area.
The 5,800 sq. ft. warehouse and office building features a new roof, two operational manual cranes, and approximately...
03 / Details
PROPERTY DETAILS
Property TypeCommercial
Building TypeIndustrial
Total Finished Area5,870 sq ft
ZoningDC(28)
Parking25 Car Garage
Year Built1962
04 / Commercial
COMMERCIAL METRICS
Commercial properties require specialized analysis. Contact us for cap rate and NOI calculations based on actual lease data.
Price per Sq Ft$1365,870 sq ft building
Building Size5,870 sq ftTotal building area
Property TypeIndustrialCommercial classification
ZoningDC(28)Use classification
Commercial investment inquiry?Contact us for detailed financial analysis
05 / Location
RAILYARDS
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Justin Gaspari · CIR Realty