1/35617-55 STREET, Drayton Valley
5617-55 STREET, Drayton Valley, AB T7A0B2
$405,000 total
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Asset Class
Industrial
Size
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Building class
A
Zoning
IB — Industrial Business
$ / SF
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Occupancy
86%
Year Built
1993
Lot Size
0.67 ac
Clear height
19 ft
Loading docks
3
About this property
Well-maintained 2,883 sqft commercial building situated on a spacious 0.67-acre fully fenced lot in Drayton Valley, AB. The property features approximately 595 sqft of office space with a large reception area, one main office and washroom, plus 2,288 sq. ft. of heated shop space. The shop includes two bays, each equipped with automatic 14 x 14 overhead doors, heating, sump with grated floor drains and 2 separate washrooms. The fully fenced yard offers ample parking and storage space for vehicles, equipment, or materials. Zoned C-BUS Commercial, this property presents an excellent opportunity for a variety of light industrial uses. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$17K
Annual cash flow
$-5K
Cash-on-cash
-4.29%
DSCR
0.77
Going-in cap
4.25%
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
48,459
Households
21,271
Median income
$97,500
Median age
32.3
Daytime population
48,786
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5617-55 STREET, Drayton Valley.
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.