Business For Sale · Land

18, 63014 Township Road 724, Clairmont

18, 63014 Township Road 724, Clairmont, AB T8X4L7

$362,500 total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

89%

Lot Size

2.5 ac

About this property

This 2.50-acre RM-2 industrial lot is ideally situated within a growing industrial area surrounded by established businesses. Quick access to Range Road 63 (116 Street), Township Road 724, Highway 43, Clairmont, and Grande Prairie makes this property well suited for industrial shops, service companies, storage, fabrication, and transportation-related uses. Build to your specifications in one of the area's established industrial corridors. 5 lots available. (id:66811)

Financial sandbox

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Estimate
Purchase price$363K
Down payment30% · $109K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$18K

Annual cash flow

$-2K

Cash-on-cash

-2.05%

DSCR

0.89

Going-in cap

4.93%

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

87,925

Households

31,171

Median income

$65,500

Median age

40.5

Daytime population

101,931

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 18, 63014 Township Road 724, Clairmont.

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.