Town Owned Property – 6402 46 Avenue

6402 46 Avenue

The lot for sale is 4.3 hectares (10.6 acres) in size and located within the future growth area of the Olds Cemetery. At Council’s direction, Administration investigated projected cemetery growth and found that the Town has over 200 years of available growth for the Olds Cemetery based on current and projected burial rates. Administration suggested  there is a more imminent need for serviceable land in the SE Industrial Park.

With this sale, there will be between 35 – 45 years of available growth in the Olds Cemetery. Any future development on this parcel will also be subject to a developer installing adequate fencing to ensure material does not migrate into the cemetery area. Administration has also directed ISL Engineering to investigate a future cemetery site during the MDP and LUB review in 2025.   The lot is valued at $400,000 which is in line with the average per acre sale price in the SE industrial over the previous decade.

Current Zoning: Recreation Facility

Envisioned Use: Light Industrial

ASP Area: SE Industrial

Lot Area: 4.32 ha
Improvements: None
Fully Serviced