1/8PT LT 2 MERLIN ROAD, Chatham-Kent (Raleigh)
PT LT 2 MERLIN ROAD, Chatham-Kent (Raleigh), ON N0P2L0
$1.8M total
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Asset Class
Land
Size
—
Building class
C
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
91%
Lot Size
82.769 ac
About this property
Expand your land base with this exceptional 82 acre farm offering all workable acreage and paved road frontage. Soil mapping identifies Rivard Silty Clay Loam, and the land is systematically tiled at 25' spacing, with a tile map available. Strong yield history demonstrate strong corn, soybean and wheat production, with soil fertility information also available for review. Hydro is available at the road. A land lease is currently in place, call for details. There is also a lease in place for a potential wind turbine. Additional farmland is available in the immediate area, providing an opportunity to further expand your operation. Property taxes for 2026 are $3,691. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$78K
Annual cash flow
$-20K
Cash-on-cash
-3.83%
DSCR
0.79
Going-in cap
4.39%
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
124,225
Households
48,191
Median income
$131,000
Median age
38.7
Daytime population
183,371
5-yr growth
2.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for PT LT 2 MERLIN ROAD, Chatham-Kent (Raleigh).
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.