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501 Centre Avenue E, Diamond Valley

$2,250,000

About this property

RARE 3.43 Acres Located On Highway 7 - Commercial Development Opportunity +600 feet Frontage - CB2 Zoning - Prime 3.43 acres of commercial land with 600 feet of Hwy 7 frontage. Rare opportunity to acquire 3.43 acres of contiguous commercial land on the Eastern Gateway to Diamond Valley. The property offers approximately 600 feet of Highway 7 frontage, excellent visibility and exposure, and CB2 commercial zoning. It is located as your enter Diamond Valley from Okotoks. It provides a strategic opportunity for a commercial developer, investor or owner-user looking for a prominent highway oriented location. The property is also positioned near the proposed Colts Crossing residential development area. Its size, commercial zoning and highway frontage, is an exceptional opportunity that will be difficult to replicate within Diamond Valley.

Essential information

MLS® number
A2314309
Status
Active
Price
$2,250,000
Property type
Land
Type
Commercial Land
Transaction
For Sale
Restrictions
None Known
Lot size
149,410 sq ft
Listing brokerage
Keller Williams BOLD Realty
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
CB2

Community

City
Diamond Valley
Province
AB
Postal code
T0L 0H0

Where it is

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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