For Sale · Land

234 Railway (#2) Avenue W, Arrowwood

234 Railway (#2) Avenue W, Arrowwood, AB T0L0B0

$34,900 total

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Asset Class

Land

Size

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Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

96%

Lot Size

1.8 ac

About this property

Are you looking for a great quiet and safe place to establish your business? Check out this very affordable option in the Village of Arrowwood! This 1.8 ACRE INDUSTRIAL LOT has everything you need for your business (utilities to the property line, including a 3 phase electrical service). You will be hard pressed to find a better and more affordable piece of industrial land within an hour drive from Calgary! Arrowwood is located only 50 min southeast of Calgary, and only a 30 min drive to Vulcan. This is a very quiet and safe community which offers a public school (Grades 1-9), a gas station, a pharmacy, an ATB branch, and a local restaurant. Take a drive out here to check this out! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$35K
Down payment30% · $10K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$161

Projected NOI

$2K

Annual cash flow

$-235

Cash-on-cash

-2.25%

DSCR

0.88

Going-in cap

4.87%

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

57,192

Households

21,874

Median income

$93,000

Median age

42.8

Daytime population

51,512

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 234 Railway (#2) Avenue W, Arrowwood.

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.