For Sale · Land

5A, 41207 Range Road 263, Rural Lacombe County

5A, 41207 Range Road 263, Rural Lacombe County, AB T4L2N4

$170,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

88%

Lot Size

3.63 ac

About this property

Build Your Dream Home on 3.63 Acres Minutes from Lacombe. Looking for room to breathe without giving up the convenience of town? This 3.63-acre residential lot offers the best of both worlds: peaceful country living just minutes from the City of Lacombe. Located right off pavement, the property gives you easy, year-round access with no long gravel drives to worry about. The land is level, making it an ideal canvas for your custom home, a shop, a large garden, or space for the kids and pets to roam. Partial fencing is already in place, giving you a head start if you’re planning for animals or simply want added privacy. Enjoy wide-open prairie skies, quiet evenings and room to grow, all while staying close to Lacombe’s schools, shopping, restaurants and services. Whether you’re ready to build now or planning for the future, this is a rare opportunity to secure an acreage this close to town. (id:66811)

Financial sandbox

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Estimate
Purchase price$170K
Down payment30% · $51K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$785

Projected NOI

$9K

Annual cash flow

$-676

Cash-on-cash

-1.33%

DSCR

0.93

Going-in cap

5.14%

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

129,273

Households

52,377

Median income

$97,000

Median age

44.3

Daytime population

211,215

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for 5A, 41207 Range Road 263, Rural Lacombe County.

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.