For Sale · Land

630 North Railway STREET E, Swift Current

630 North Railway STREET E, Swift Current, SK S9H1E3

$63,252 total

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Asset Class

Land

Size

—

Building class

B

Zoning

AG — Agricultural

$ / SF

—

Occupancy

87%

Lot Size

0.18365472910927455 ac

About this property

Great opportunity to own a highly visible M1 Light Industrial lot located along a high-traffic route in Swift Current. Offering approximately 174 feet of frontage and 50 feet of depth, this property provides excellent exposure and is conveniently located adjacent to the railway tracks. The M1 zoning allows for a variety of potential commercial and light industrial uses, making this a great option for business development, additional commercial space or investment. Buyer to verify zoning regulations, development requirements and suitability for their intended use with the City of Swift Current (id:66811)

Financial sandbox

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Estimate
Purchase price$63K
Down payment30% · $19K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$292

Projected NOI

$3K

Annual cash flow

$-368

Cash-on-cash

-1.94%

DSCR

0.89

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

143,212

Households

60,377

Median income

$110,000

Median age

31.1

Daytime population

170,659

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 630 North Railway STREET E, Swift Current.

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.