For Sale · Specialty

4904 50 Street, Valleyview

4904 50 Street, Valleyview, AB T0H3N0

$95,000 total

350 SF

Asset Class

Specialty

Size

350 SF

Building class

C

Zoning

US — Urban Services

$ / SF

$271

Occupancy

94%

Year Built

1955

Lot Size

0.15725436179981633 ac

About this property

Fenced lot with downtown commercial zoning ready for business. Directly adjacent to available three lots with residence for a real opportunity to invest in this block. Next door to laundry, pet/livestock supplies so a known business location. Lot has a handy shed with electrical for storage. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$95K
Down payment30% · $29K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$439

Projected NOI

$7K

Annual cash flow

$2K

Cash-on-cash

5.60%

DSCR

1.30

Going-in cap

7.22%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters400 SF2033-01
Vector Robotics400 SF2033-01
Vector Robotics400 SF2033-12
Vector Robotics400 SF2033-12

Area demographics

Trade area within 3 miles of the property.

Population

146,296

Households

66,013

Median income

$75,500

Median age

39.6

Daytime population

154,124

5-yr growth

3.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4904 50 Street, Valleyview.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.