



1/5lot 2, 6426 50 Avenue, Drayton Valley, AB T7A0C1
Price on request
—
Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
94%
Lot Size
2 ac
2 ACRE lot of Rural Industrial land available for lease @ $2000 per month plus op expenses. This lot is fully fenced & engineered, compacted clay base structure with Geotextile fabric, & covered with significant gravel. Excellent exposure with easy access to HWY 22, Zoning is Rural Industrial. This 2 Acre parcel is fully fenced as well! There are two direct ingress/egress approaches onto service road on 50 Ave. *Lease rate of $2000 per month plus operating costs($170+/- per month)*. The seller is willing to proceed with a potential subdivision of the bare 2 acre parcel if that is preferred, the subdivision process would begin once interest in purchasing is established. (Selling price would be $375,000 plus GST for the 2+/- fenced acres assuming subdivision approval). With all town services at the property line this property provides a great opportunity to build on. Note:- taxes are approximate.Other Property Types: Commercial LandOwnership Interest: PrivateSite Services: See RemarksSeller Rights: NoAppointment Name: John DempsterAppointment Phone: 780-898-8887Lease Operating Costs Included: shared portion of taxes, taxes on this portion are estimated $2000.00 annually (approx $170 per month) as this 2 acres is currently part of the 4 acre parcel)Paragon Listing ID: E4414986 (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$81K
Annual cash flow
$-2K
Cash-on-cash
-0.40%
DSCR
0.98
Going-in cap
5.42%
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
93,748
Households
40,197
Median income
$76,500
Median age
40.1
Daytime population
130,279
5-yr growth
2.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for lot 2, 6426 50 Avenue, Drayton Valley.
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.