For Sale · Industrial

Tofield

Tofield, AB T0B4J0

$279,000 total

—

Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

83%

Year Built

1930

Lot Size

6.17 ac

Clear height

36 ft

Loading docks

2

About this property

Opportunity knocks! 6.17 acres of Business Industrial zoned land with an existing residence within the town limits of Tofield! Substantially upgraded, 3 bedroom, 1 1/2 bathroom, 1 1/2 storey home. 32 x 27 workshop. Yardsite with 5.22 acre pasture area. A must see !!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$279K
Down payment30% · $84K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$15K

Annual cash flow

$-648

Cash-on-cash

-0.77%

DSCR

0.96

Going-in cap

5.31%

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

131,649

Households

59,152

Median income

$114,500

Median age

34.8

Daytime population

214,787

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for Tofield.

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.