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HUGE OPPORTUNITY to build and own an ideally-sized commercial building on a high-visibility location supported by an upscale local draw area. PLUS REALIZE HUGE SAVINGS in construction and long-term operational costs! ONLY THREE PARCELS in this rare two-acre bare land commercial condominium project, featuring a huge 1.1 acre common area with enough parking, green space and waste locations to fulfill any Development Permit requirements. The small self-governed condominium structure makes for huge savings in land acquisition, construction, and maintenance costs PLUS saves on management expenses while ensuring hands-on control. YOUR PURCHASE IS NOT JUST THE TITLED LAND - you also become one-third owner of the entire condominium corporation including the common property AND all related assets! Perfect for small / mid-scale developers & built-to-suit owners. BUILD OUT POTENTIAL - This parcel fits an eleven thousand plus square feet floor plate, and height allowance of sixteen meters making the build-out potential huge! Build-out of forty-two thousand five hundred to fifty-five thousand square feet over four to five floors. Buildable footprint is perfect for professional / medical firms, service centres, childcare, pharmacy, health centre & more. Potential for at-grade local retail due to build area size & shape (with zoning). The lot has another four thousand two hundred square feet of outdoor space for amenities. THE VALUE IS HUGE - An equivalent standalone infill site would need an acre and a quarter of land plus the cost of demolition, parking, access, and waste management. NOT REQUIRED HERE! With seventy existing stalls plus area area for thirty more, AND major property setbacks largely in the huge common area, this is a turn-key build-out site with huge capital investment savings. THE LOCATION IS VERY RARE - located between Anthony Henday and 199th Street in west Edmonton’s fully developed & semi-affluent Glastonbury area; there are forty thousand high-income people within two kilometers - and limited commercial to support them. This makes STRONG LOCAL DEMAND. Public transit is adjacent with a major Edmonton Transit Service transportation hub nearby. Current zoning is Urban Fringe with sixteen meter height allowance which aligns closely to Business Employment (BE) and Commercial General (CG) in height/location requirements making for great development flexibility. ONLY TWO PARCELS AVAILABLE; the third already occupied by a church building. THIS LISTING - Unit Two: Effective size of one point twenty-five acres (see below info). ALSO AVAILABLE: MLS A2313155 - Effective size of zero point forty-seven acres (see below info) and build-out potential for nine thousand five hundred to twelve thousand eight hundred square feet. CAPTURE UNPARALLELED RETURN ON INVESTMENT - Take advantage of a build-site specifically designed to optimize building footprint and maximize investment/operational value! MORE MATERIALS AVAILABLE ON REQUEST. PLEASE DO NOT VISIT THE PROJECT WITHOUT AGENT PRE-APPROVAL. NOTE: Unscheduled site visits may result in a security response. Lot area note: Title area zero point fourteen acres plus ownership in one point one acre common As instructed by Calgary Real Estate Board; total lot size includes parcel plus typical parking/related common area to support four stories of commercial.