For Sale · Land

LOT 05-1 Route 134, Shediac Cape

LOT 05-1 Route 134, Shediac Cape, NB E4P3E6

$95,000 total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

96%

Lot Size

2.31 ac

About this property

Welcome to this beautiful 2.31-acre property in the desirable Shediac Cape area, offering an excellent opportunity to create your future dream home! Ideally located on Route 134, next to civic number 2715, this spacious lot is mostly cleared while mature trees along the road provide a natural buffer and added privacy. The property features valuable topsoil and has been hayed in the past. It is currently registered under the Farm Land Identification Program (FLIP), reflecting its agricultural history and providing options for continued agricultural use or future plans, subject to applicable approvals. Enjoy the peaceful country setting of Shediac Cape while remaining conveniently close to Shediac and its many amenities, including shopping, restaurants, schools, beaches, marinas and recreation. The area is well known for its beautiful coastal surroundings and offers an ideal balance of rural living with easy access to nearby communities and Greater Moncton. With 2.31 acres, a largely cleared landscape and a great location, this property offers plenty of possibilities. Whether you're looking for a place to build your dream home, enjoy extra space or invest in land for the future, this Shediac Cape property is well worth a look! Property is located next to civic number 2715 Route 134. Buyers are responsible for confirming intended use, building requirements, services and any applicable FLIP implications with the appropriate authorities. (id:66811)

Financial sandbox

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Estimate
Purchase price$95K
Down payment30% · $29K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$439

Projected NOI

$5K

Annual cash flow

$167

Cash-on-cash

0.59%

DSCR

1.03

Going-in cap

5.72%

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

54,440

Households

20,506

Median income

$85,000

Median age

41.5

Daytime population

68,917

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for LOT 05-1 Route 134, Shediac Cape.

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.