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Wembley Commercial Land Market

Wembley Commercial Land

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

$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

Wembley Land — Submarket Overview

Wembley is Grande Prairie region; agriculture and oil. 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
Wembley Industrial Reserve1–10 ac$50–200K/acIndustrial / M-1Serviced · Shovel-ready
Wembley Commercial Zone0.5–3 ac$50–200K/acCommercial / C-2Highway exposure
Wembley NW Development Area5–50 ac$50–200K/acMixed / ProposedFuture growth corridor

Wembley Land Investment Guide

Commercial and industrial land in Wembley 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 Wembley

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

Further Reading → Alberta Commercial Real Estate Cap Rates 2025→ Alberta Has No Provincial Income Tax→ Why Investors Are Moving to Alberta

Wembley Land — Frequently Asked Questions

How much does industrial land cost in Wembley?
Industrial land in Wembley 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 Wembley?
Wembley 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 Wembley?
Development costs in Wembley 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 Wembley?
Wembley 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 Wembley?
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 Wembley development opportunities.

Ready to Invest in Wembley Land?

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

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Your local Canada's Home Commercial team: Grande Prairie