For Sale · Land

821 Highway 326, Earltown

821 Highway 326, Earltown, NS B0K1V0

$290,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

92%

Lot Size

110 ac

About this property

A truly RARE opportunity! Discover approx 110 acres featuring a gravel pit along the scenic Highway 326 in Earltown. An exciting opportunity for those looking for space, privacy & potential. This property offers the space & flexibility to build your dream home, have a farm, explore the potential for subdividing; while utilizing the lands natural resources to build or start a business! A unique feature of the property is the existing operating gravel pit on one side of the land, creating potential for continued resource use & future opportunity. There is also reported to be sand on the property that may have potential for use in septic systems, but this has not been confirmed. The land also features a stream, fields, a mix of hard & soft wood and plenty of road-frontage! The location is an ideal for nature lovers; there is an abundance of outdoor opportunities. Located close to beaches, trails and local markets. Located mins from the famous Trans Canada Trail that provides the largest known network of trails that can be enjoyed at any season as they are open year-round! Only 15 mins to Brule, 20 mins to the village Tatamagouche, 30 mins to Pictou or Truro! Check out this beautiful spacious lot today, before it is gone! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$290K
Down payment30% · $87K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$15K

Annual cash flow

$-1K

Cash-on-cash

-1.29%

DSCR

0.93

Going-in cap

5.16%

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

69,464

Households

28,026

Median income

$94,500

Median age

44.7

Daytime population

106,889

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 821 Highway 326, Earltown.

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.