95.07 ACLand$150,000Sale
CBRE Saskatchewan is pleased to present the opportunity to purchase 2,811 feet of highway 11 fronting land in the RM of Corman Park. The property, which is 95.07 AC could be subdivided. The property has excellent general DAG1 zoning which allows for a wide range of uses. The RM of Corman Park would consider uses such as big box retail, fast food, gas, office, dealerships, and other commercial uses. The subject property has excellent vehicular access to Highway 11 allows for convenient servicing Northern Saskatchewan, Saskatoon, Warman, Martensville and the RM of Corman Park. - The City of Warman has proposed looking at interim development, such as this one, prior to annexation. This means allowing development with an agreed upon set of standards while the land remains in the RM of Corman Park but service it with the Cityof Warman services. - The RM of Corman Park, City of Warman, and Developer would negotiate and enter into an agreement related to servicing, access, taxation, development fees, development standards and land use. Once all parties are agreed, in relation to the development, the property could be serviced with City of Warman Services at the expense of the developer. - Development action items and timeline: (1) Negotiation between City of Warman, RM of Corman Park, and Developer for agreements and structure based on agreed upon land use and concept plan. (2) The developer works with the City of Warman engineer to produce servicing plan and cost estimate: - Land is currently being leased as farmland on a year-to-year land rental agreement. Price: $150,000 per acre