




1/67044 SEVENTH LINE W, Chatham-Kent (Raleigh), ON N7M5J3
$720,000 total
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Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
100%
Lot Size
40.775 ac
Attention developers, investors and industrial users. Don't miss this rare opportunity to acquire approximately 40 acres of future industrial land strategically located near the Highway 401 corridor. The property forms part of Phase 2 of the Bloomfield Business Park, a 105 acre prestige industrial development located just south of Chatham, Ontario and planned across three phases. Well positioned for future growth, the property offers excellent access to major transportation routes along with nearby hydro infrastructure providing access to a strong power source. Zoning allows for a wide range of future uses, including truck transfer stations, automotive related operations, trucking and freight, computer systems design, food processing, manufacturing, warehousing and other industrial applications, subject to applicable municipal requirements and approvals. In the interim, the property is zoned A1 and continues to provide productive agricultural value, featuring approximately 38 workable acres of Toledo Silty Clay Loam soil, clay tile drainage and a strong yield history. An excellent opportunity to secure strategically located future industrial land with immediate agricultural use and significant future development potential. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$42K
Annual cash flow
$2K
Cash-on-cash
1.12%
DSCR
1.06
Going-in cap
5.88%
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.
Trade area within 3 miles of the property.
Population
107,191
Households
39,887
Median income
$112,000
Median age
34.5
Daytime population
172,214
5-yr growth
3.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 7044 SEVENTH LINE W, 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.