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$1.6M total
—
Asset Class
Land
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
89%
Lot Size
49.15 ac
Rare find! 49 acre farm just northwest of London with 31 farmable acres systematically tiled which has been rented to the same farmer for over 15 years with annual rent exceeding property taxes! Additional rent is available from the permitted field sign with two sides visible to the road. Beautiful country setting with gorgeous panoramic farmland views with meadows and woods. Creek meanders through property. 24' x 32' shop. 3+1 bedroom ranch style family home shows very well and lower level is fully finished with walkout. Oversize 2 car attached garage. Call quickly as this one won't last! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$57K
Annual cash flow
$-32K
Cash-on-cash
-6.64%
DSCR
0.64
Going-in cap
3.55%
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
42,139
Households
17,638
Median income
$101,000
Median age
45.1
Daytime population
70,791
5-yr growth
8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 25348 NAIRN ROAD, Middlesex Centre.
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.