Business For Sale · Land

LOT 2 COLUMBIA FRONTAGE ROAD, Prince George

LOT 2 COLUMBIA FRONTAGE ROAD, Prince George, BC V2M7B7

$379,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

88%

Lot Size

4.15 ac

About this property

This 4.15-acre highway frontage property has excellent access with dedicated turning lanes off highway 16 and is located across from Bowron Rd on the Prince George side of the scales. While use must conform to ALR requirements, a trucking operation secondary to agriculture use could make excellent use of location and access. Also on Residential - see MLS# R3152769. (id:66811)

Financial sandbox

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Estimate
Purchase price$380K
Down payment30% · $114K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$16K

Annual cash flow

$-5K

Cash-on-cash

-4.04%

DSCR

0.78

Going-in cap

4.33%

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

132,345

Households

52,831

Median income

$128,500

Median age

38.3

Daytime population

142,486

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for LOT 2 COLUMBIA FRONTAGE ROAD, Prince George.

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.