For Sale · Land

Lot 2002-1 Route 19A Road, Long Creek

Lot 2002-1 Route 19A Road, Long Creek, PE C0A1H6

$59,000 total

—

Asset Class

Land

Size

—

Building class

C

Zoning

AG — Agricultural

$ / SF

—

Occupancy

88%

About this property

Discover the natural beauty and tranquility of this 1.32-acre parcel nestled in the picturesque community of Long Creek. This untouched property offers a beautiful setting with gently wooded surroundings, a sloping landscape, and a charming small stream meandering through the land. Never previously developed or farmed, it offers an opportunity to enjoy a piece of PEI?s natural countryside. Imagine relaxing among the sights and sounds of nature, with birdsong, local wildlife, and the peaceful atmosphere of rural Island living. The property?s natural elevation and proximity to the inlet add to its scenic appeal, with potential views to be explored. For those with vision and creativity, this property presents an opportunity to create a private getaway or explore the possibilities for a future home, subject to necessary approvals and site preparation. The land is partially developable, and significant fill and grading may be required for residential construction. Enjoy the charm of country living with access to nearby electrical infrastructure and a high-speed internet tower in the area, offering the potential for modern connectivity in a peaceful rural setting. Whether you?re seeking a nature-inspired retreat, a place to escape the everyday, or a property with possibilities for the future, this little slice of Island beauty is worth exploring. Purchasers are encouraged to conduct their own due diligence regarding building suitability, permits, setbacks, site preparation, and potential water views. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$59K
Down payment30% · $18K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$272

Projected NOI

$2K

Annual cash flow

$-797

Cash-on-cash

-4.50%

DSCR

0.76

Going-in cap

4.19%

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

114,922

Households

44,716

Median income

$81,500

Median age

39.7

Daytime population

133,000

5-yr growth

9.4%

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

Secure deal room

Confidential diligence documents for Lot 2002-1 Route 19A Road, Long Creek.

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.