1/74040 Comox Logging Rd, Courtenay
4040 Comox Logging Rd, Courtenay, BC V9N9P3
Price on request
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Asset Class
Land
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
95%
Lot Size
22.22 ac
About this property
Land for Lease - Courtenay, Comox Valley Rare opportunity to lease a large-scale land assembly in one of Vancouver Island's most desirable and fastest growing regions. Two separately titled parcels are offered together, totaling 52.119 acres, comprising 22.22 acres at 4040 Comox Logging Rd and 29.89 acres at Lot A Livingston Rd. Large acreages of this size are seldom available in this prime location. The property offers convenient access to highways, ferry's, city amenities, and the ocean, while being surrounded by a variety of permitted uses and long term lease potential. An ideal leasing opportunity for tenants seeking scale, location and future potential. Lease inquiries welcome. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$83K
Annual cash flow
$-511
Cash-on-cash
-0.11%
DSCR
0.99
Going-in cap
5.51%
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
139,759
Households
64,520
Median income
$112,000
Median age
45.6
Daytime population
208,656
5-yr growth
2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4040 Comox Logging Rd, Courtenay.
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.