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Three Hills Commercial Land Market

Three Hills Commercial Land

Industrial, commercial and development land for sale in Three Hills. Alberta & Saskatchewan Commercial.

Talk to a Broker All Three Hills Properties
$50–200K/acAvg Land Price
1–50 acLot Sizes
Ind / CommZoning Types
3–6 moTypical Close
$50–200K/ac
Avg Land Price
1–50 ac
Lot Sizes
Ind / Comm
Zoning Types
4.4%
Annual Population Growth

Three Hills Land — Submarket Overview

Three Hills is Kneehill County; Prairie Bible Institute and agriculture. The land market benefits from Alberta's strong fundamentals: 4.4% annually (fastest in Canada) population growth and No provincial income or sales tax.

SubmarketLot RangePrice/AcZoningNotes
Three Hills Industrial Reserve1–10 ac$50–200K/acIndustrial / M-1Serviced · Shovel-ready
Three Hills Commercial Zone0.5–3 ac$50–200K/acCommercial / C-2Highway exposure
Three Hills NW Development Area5–50 ac$50–200K/acMixed / ProposedFuture growth corridor

Three Hills Land Investment Guide

Commercial and industrial land in Three Hills is priced by servicing status, zoning, size, and proximity to highways and utilities. Fully serviced, shovel-ready land commands a significant premium over raw land requiring offsite works. Verify servicing agreements and development levies before purchasing.

Due Diligence for Land in Alberta

Key due diligence items: current zoning vs. intended use, environmental site assessment (Phase I and potentially Phase II), servicing costs, development charges, geotechnical assessment, and municipal approval timeline. Land carries higher risk and longer holding periods than income-producing assets.

Land Development in Alberta

Alberta municipalities vary widely in development charge structures and approval timelines. Urban centres with active growth plans can process rezoning applications in 6–18 months; smaller municipalities may be faster. No provincial income or sales tax improves the economics of development in Alberta relative to other provinces.

Other Asset Types in Three Hills

Canada's Home Commercial covers all commercial asset classes in Three Hills. Explore the other property types available:

All Three Hills Properties

Full market overview — all asset classes, submarkets and investment data.

Industrial

Warehouse, bay and flex space for lease; industrial investment for sale.

Retail

Inline space, pad sites and strip centres for lease and sale.
Further Reading → Alberta Commercial Real Estate Cap Rates 2025→ Alberta Has No Provincial Income Tax→ Why Investors Are Moving to Alberta

Three Hills Land — Frequently Asked Questions

How much does industrial land cost in Three Hills?
Industrial land in Three Hills is priced at approximately $800K–$1.5M/ac depending on servicing level, zoning, size and highway access. Shovel-ready sites with municipal services command a significant premium.
What commercial land is available in Three Hills?
Three Hills offers industrial-zoned land in established parks, commercial highway-exposure lots for retail pad sites, and larger development parcels in the growth corridors. Lot sizes range from under 1 acre to 50+ acres.
What are land development costs in Three Hills?
Development costs in Three Hills vary widely by servicing status. Rough land with off-site servicing required is cheapest; fully serviced lots ready for construction carry a significant premium reflecting the time and cost to service.
What zoning types exist in Three Hills?
Three Hills land is zoned Industrial (light, medium, heavy), Commercial (highway, community, regional), and Mixed-Use. Agricultural land with rezone potential is also available in AB as cities expand their boundaries.
How do I buy commercial land in Three Hills?
Contact Canada's Home Commercial via our contact form, or call 780-545-5955. We specialize in commercial and industrial land acquisitions throughout Alberta, with deep knowledge of Three Hills development opportunities.

Ready to Invest in Three Hills Land?

Our Alberta advisors know every submarket and every opportunity. Contact us today.

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