New Sarepta Mixed-Use Land — Investment Opportunity
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New Sarepta, Alberta · Mixed Use

24.46-Acre Residential &
Mixed-Use Development Opportunity

SOLD Fully Serviced Outline Plan Approved High-Growth Corridor
Municipal AddressNew Sarepta, Alberta
Legal DescriptionLot 2, Block 1, Plan 0526189
ZoningRU2, RU3 and Commercial
Total Site Area24.46 Acres ±
Sale TypeJudicial Sale
Property Tax$967.39/annum

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.

Subdivision Yield (Based on Approved Concept Plan)

67

Single-Family Lots

28

Duplex Lots

125+

Multi-Family Units

Development Economics

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

Infrastructure In Place

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.

Long-Term Residential Platform

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.

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