This rare 12.57-acre parcel at 6920 46 Street sits directly beside Olds? major retail hub, sharing the corridor with the Walmart Supercentre and Canadian Tire. The location delivers immediate visibility, traffic, and synergy for commercial, multi-family, or recreational concepts in a town actively pursuing higher-density housing and mixed-use growth. With flexible zoning potential and a cooperative municipal environment, the site is positioned for a range of development outcomes between Calgary and Red Deer, minutes from Olds College and the QE2. The scale supports subdivision or a unified project, while existing surrounding infrastructure reduces barriers to entry. A deferred reserve caveat is registered in favour of the Town of Olds?buyers should confirm all planning details.