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Lot 2 NE 4-48-1-4
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Rural Vermilion River, County of · Industrial · under $1,350,000. Alerts only send when there are new or meaningfully updated matching homes.
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Opportunity waits for the right buyer of this 7.7-acre site as these buildings would complement any agricultural, commercial or industrial enterprise. Located eight miles south of the City of Lloydminster in the County of Vermilion River, this fully security fenced parcel has two buildings already in place. The first is a 2014 built rigid steel shop with a footprint of 80’ x 160’ designed for a 10,440 sq ft work floor plus a two-storey office and / or potential residential component totalling another 4,800 sq ft on two levels. Eave height is 22’. Six drive-through bays each boasting two 14’ wide by 16’ high sectional overhead doors (including opaque ones suitable for a wash bay), all with electric openers. Supports have been integrated into the steel frame to enable an overhead crane. Low E Argon windows in the proposed office / residential area. Exterior ground level insulation installed on perimeter ready for concrete. Plumbing, septic, and sumps are in place. The three-phase power on site is connected to main shop, then routed underground from there to the cold storage building. Power kiosk to serve future parking lot. County gas located on the adjoining property can be easily connected from a manifold designed with that intent. Water well with double screen with line to main shop installed. Second 7,500 cold storage structure is a former riding arena and is part pole building with balance frame construction. Both buildings currently have dirt floors. Current Real Property Report and Environmental Site Assessment Phase 1 report being arranged. Universal Consulting Group drawings for completion of the 2014 shop are available as well. The adjoining 69.47 acres of farmland is optional to the buyer of the subject property by separate agreement. Please contact listing office for more information on both properties including website and investor package. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.