












1/1442 713019 Range Road 71, Rural Grande Prairie No. 1, County of, AB T8W5E9
$194,900 total
—
Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
83%
Lot Size
2.52 ac
Only 4 lots left! This is an exceptional opportunity to build your dream home on a beautiful acreage just 5 minutes west of Grande Prairie. The rolling terrain of the land provides added character, lots are all in grass and ready to mow, and offer potential for walkout basements. The lots are zoned CR-3, which allows for a variety of residential uses and restrictive covenants will keep the subdivision looking great for years to come. This is the perfect scenario for those looking to build a new home with more space and privacy. Properties are fully fenced and power and gas are to the property line, making these ready for immediate development. But that's not all, these acreages offer breathtaking views of the Grande Prairie skyline, the majestic Rocky Mountains and miles of picturesque farmland. Imagine waking up to the beautiful scenery every morning and enjoying the stunning views from your own backyard. This subdivision is truly one of a kind and offers the perfect combination of peaceful rural living with the convenience of being close to all the city amenities. Come have a look today and take the first step towards owning your piece of paradise. Contact your realtor for more details. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$900
Projected NOI
$9K
Annual cash flow
$-2K
Cash-on-cash
-2.94%
DSCR
0.84
Going-in cap
4.66%
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
48,397
Households
21,409
Median income
$96,500
Median age
31.8
Daytime population
47,296
5-yr growth
8.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 42 713019 Range Road 71, Rural Grande Prairie No. 1, County of.
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.