For Sale · Land

273122 Range Road 293 NE, Airdrie

273122 Range Road 293 NE, Airdrie, AB T4B2L5

$3.1M 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

86%

Lot Size

5.64 ac

About this property

Rare opportunity to secure ±5.64 acres with prime exposure onto Highway QEII, with traffic counts of 41,940 vehicles per day (2024 study, north of Veterans Boulevard). The site is partially fenced and graveled, with limited services in place. Zoned RB-G (Rural Business: General District), the property offers flexible zoning intended to support a range of businesses and supporting uses. Permitted uses include accessory building, agricultural operation (general and limited), and government service. Discretionary uses (subject to approval) include outdoor storage facility, indoor storage facility, RV sales and service, RV storage, vehicle sales and leasing, vehicle service (limited, general and major), heavy vehicle storage and repair, industrial distribution, industrial service and sales, industrial manufacturing and operations, warehouse sales, and others. Property taxes are low compared to the City of Calgary at $16,038.62 (2026). IMMEDIATE POSSESSION AVAILABLE (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.10M
Down payment30% · $931K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$14K

Projected NOI

$154K

Annual cash flow

$-18K

Cash-on-cash

-1.92%

DSCR

0.90

Going-in cap

4.96%

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

100,899

Households

34,969

Median income

$116,500

Median age

32.9

Daytime population

99,806

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 273122 Range Road 293 NE, Airdrie.

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.