Lot 5 118 Street

Urban Rail Business Park, Grande Prairie · MLS® A2217209

2 sq ft lot · Land · Vacant Land · 540 days on market

listed by Mark Street, RE/MAX Grande Prairie

realtor's description

BUILD HERE! A high-visibility service station, car wash, industrial Business centre, recreation centre, oilfield business, warehouse and many other businesses will prosper here! Just 500 meters away from the nearest fire hall (great for insurance), Urban Rail Business Park is located on Costco's road (116 Street) on a major four-lane artery. It has unparalleled access to both Hwy 43 and Hwy 40. Vendors and customers are across the road in Richmond Industrial Park. If high exposure, easy access, and nearby amenities, communities, vendors, and customers are valuable to your bottom line, Grande Prairie's Urban Rail Business Park could be the perfect fit for you. Flexible zoning for commercial/industrial options and flexible lot configuration. Lots range in price from $400K to $550K per acre. Railway spur possibilities on lots next to the railroad. (Lots 5-11 are not titled which allows extra flexibility for lot sizes. Lots 1-3 are titled).

property details

type: Land, Vacant Land
lot: 2 sq ft
parking: 0
days on market: 540
MLS®: A2217209

property tax

about $11,776 a year

The asking price times Grande Prairie's 2026 residential rate of 12.17 per $1,000 (municipal and education).

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$4,217/mo

Mortgage $4,217

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$4,217/ monthly

loan $774,400

25-year amortization

down payment20% · $193,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $490,845
land title fees: $1,845; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $195,445; down + land title fees
total paid: $1,265,245

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.