1/50519 Railway Avenue, Barons
519 Railway Avenue, Barons, AB T0L0G0
$425,000 total
18,262 SF
Asset Class
Specialty
Size
18,262 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$23
Occupancy
90%
About this property
This property is part of a business package and is being sold together with 92022 RR 223 Lethbridge County (MLS #A2357885). Contact your REALTOR® for full details. This greenhouse range on ten lots in the Village of Barons, with more than 18,000 sq. ft. under roof features a complete fertigation system and drip lines, climate system with alarms, a workshop with utility and storage rooms, a loading dock, pipe rail system lift, generator and more. This business is well established with an excellent reputation, specializing in growing greenhouse and garden vegetables. Multiple revenue streams include the farm store, local farmer's markets, and wholesale. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$26K
Annual cash flow
$3K
Cash-on-cash
2.27%
DSCR
1.12
Going-in cap
6.22%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 8,445 SF | 2029-01 |
| Vector Robotics | 8,064 SF | 2029-01 |
Area demographics
Trade area within 3 miles of the property.
Population
108,925
Households
51,679
Median income
$78,500
Median age
38.5
Daytime population
135,891
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 519 Railway Avenue, Barons.
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.