For Sale · Land

51008 RR 63, Rural Parkland County

51008 RR 63, Rural Parkland County, AB T7A1S7

$159,900 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

98%

Lot Size

10.01 ac

About this property

Discover the possibilities with this beautiful 10-acre parcel, ideally located approximately 20 minutes from Drayton Valley and just a couple of short km off pavement. Nestled in a lovely rural setting, this property offers the perfect combination of peaceful country living and convenient access to town. With the approach already in place and numerous potential building sites to choose from, you have the freedom to design your dream home, acreage retreat, or country getaway exactly as you envision it. Enjoy the space, privacy, and tranquility that acreage living has to offer, with plenty of room to make your vision a reality. A fantastic opportunity to create your own piece of paradise in a beautiful country setting! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$160K
Down payment30% · $48K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$738

Projected NOI

$9K

Annual cash flow

$379

Cash-on-cash

0.79%

DSCR

1.04

Going-in cap

5.78%

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.

Area demographics

Trade area within 3 miles of the property.

Population

62,224

Households

24,358

Median income

$109,000

Median age

33.3

Daytime population

52,949

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 51008 RR 63, Rural Parkland County.

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.