For Sale · Specialty

NW 84 Ave, Lac La Biche

NW 84 Ave, Lac La Biche, AB T0A2C0

$499,000 total

0 SF

Asset Class

Specialty

Size

0 SF

Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

99%

Lot Size

8.65 ac

About this property

Prime Highway 881 Development Opportunity! Seize the potential of 8.65 acres with prime highway frontage in town. This strategic location offers direct access via a paved road along the north side of the parcel, with town water and sewer services conveniently nearby. Perfect for a commercial strip mall or service center, this property is ideally positioned to capture high-visibility traffic heading to Conklin and Fort McMurray. A rare investment opportunity in a growing area. Build your business where opportunity meets demand! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$499K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$41K

Annual cash flow

$13K

Cash-on-cash

8.93%

DSCR

1.48

Going-in cap

8.22%

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

113,801

Households

41,815

Median income

$97,500

Median age

43.5

Daytime population

167,579

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for NW 84 Ave, Lac La Biche.

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.