For Sale · Industrial

3036 Appaloosa Road, Kelowna

3036 Appaloosa Road, Kelowna, BC V1V2G8

$4.0M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

94%

Clear height

33 ft

Loading docks

4

About this property

**PRIME I2-ZONED INDUSTRIAL LAND FOR SALE | 3036 APPALOOSA ROAD, KELOWNA | 1.83 ACRES!** Exceptional opportunity to acquire approximately **1.83 acres of I2 (General Industrial) zoned land**, strategically located in Kelowna's rapidly developing Appaloosa Industrial Corridor, just minutes from Kelowna International Airport. **Already zoned I2 and ready for industrial development**, this property offers excellent potential for investors, developers, and owner-users looking to capitalize on the growing demand for industrial space. The property features an **existing residential house and a large shop**, providing potential holding income and operational flexibility while planning future development. I2 zoning accommodates a wide range of industrial and commercial uses, including contractor services, automotive and equipment repair, commercial and outdoor storage, equipment rentals, custom indoor manufacturing, business support services, and vehicle and equipment services, subject to applicable zoning regulations and municipal approvals. With its substantial land area, established industrial zoning, and strategic location in the Appaloosa Corridor, this property presents an outstanding opportunity for **industrial redevelopment, investment, or owner-user operations**. **The property is being sold on an “as is, where is” basis.** (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$4.00M
Down payment30% · $1.20M
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$214K

Annual cash flow

$-8K

Cash-on-cash

-0.67%

DSCR

0.96

Going-in cap

5.34%

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

130,101

Households

53,606

Median income

$111,500

Median age

35.1

Daytime population

164,358

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 3036 Appaloosa Road, Kelowna.

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.