
1/2130 Pelican Place, Sylvan Lake, AB T4S1K2
$995,000 total
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
88%
Lot Size
0.71 ac
Prime Commercial Development Opportunity in Sylvan Lake. Seize this rare chance to secure 0.71 acres of premium commercial land in the sought-after Pelican Place area. Perfectly positioned with excellent visibility and access, this property offers a blank canvas for your business vision, whether it is retail, office, hospitality, medical, professional services, or mixed-use. Enjoy the benefits of DC-50 zoning, providing flexibility for a variety of development possibilities. Utilities including electricity and natural gas are already at the lot line, saving you time and cost during construction. With 81 meters of frontage and 41.5 meters of depth, you have the space to create an impressive presence in one of Sylvan Lake’s growing commercial hubs. Located near police, fire, pharmacy services, and a medical clinic, this site offers convenient access to key community amenities. The property also provides quick and easy access to Highway 11 between Red Deer and Rocky Mountain House, helping connect your future business to regional traffic and surrounding communities. And from just the right spot on the west side, you may even catch a peek of the lake at the bottom of the hill. Located in a vibrant community just minutes from the lakefront, this lot is ideal for attracting both local traffic and seasonal visitors. Immediate possession means you can start your project without delay. Bring your vision to life in a location where business thrives, your future starts here at 130 Pelican Place. (id:66811)
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Monthly debt service
$5K
Projected NOI
$44K
Annual cash flow
$-11K
Cash-on-cash
-3.64%
DSCR
0.80
Going-in cap
4.45%
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
63,726
Households
22,262
Median income
$119,500
Median age
35.7
Daytime population
69,337
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 130 Pelican Place, Sylvan Lake.
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.