Asking Price
$850,000
~$35,000/acre
Current Offering (Judicial Sale)
$635,000
~$25,961/acre
This pricing establishes a strong entry point for developers seeking fully serviced land within commuting distance of Edmonton.
This opportunity stands out as a development-ready residential or commercial platform with strong regional fundamentals:
The site has been conceptually planned to support a complete residential community with optional commercial integration.
67
Single-Family Lots
28
Duplex Lots
125+
Multi-Family Units
The New Sarepta site benefits from a unique set of residential demand drivers that distinguish it from competing land opportunities in the region:
New Sarepta represents a high-growth, commuter-supported residential market with strong fundamentals for near- and long-term absorption.
New Sarepta is strategically positioned within the south Edmonton growth corridor:
20 min
to Anthony Henday
23 min
to Nisku Industrial Area
25 min
to Edmonton Int'l Airport
24 min
to Leduc
40 min
to Edmonton City Center
The site benefits from immediate proximity to:
This combination supports long-term residential demand, absorption stability, and phased development viability within one of Alberta's most active growth corridors.
More information about the area: https://open.alberta.ca/publications/alberta-community-profile-1988-new-sarepta
This level of servicing and readiness is rare for a site of this scale within a municipal boundary, materially reducing development risk and accelerating timelines for builders and developers.
This is more than a land acquisition — it is a ready-to-execute residential development platform.
The broader south Edmonton growth trend continues to push demand outward, placing New Sarepta directly in the path of expansion.
The site also supports: Aging-in-place / seniors housing opportunities · Multi-family density aligned with regional housing demand · Affordable lot development due to reduced servicing costs.
The combination of:
positions the asset as a highly executable, lower-risk development opportunity within the Edmonton region.
"This is a rare opportunity to secure a fully serviced, approved residential development site in a high-growth corridor at a compelling entry price."
A comprehensive suite of technical and planning reports has already been completed. Available by request:
Area Structure Plan
Wetland Assessment & Compensation
Outline Plan
Phase I Environmental Report
Topographic Survey
Preliminary Power Assessment
Geotechnical Report
Tentative Subdivision Plan
Traffic Impact Assessment
Preliminary Engineering
Biophysical Assessment
Zoning Approval
Financial Pro Forma
Ready to learn more? Download the full investment brief.