For Sale · Specialty

116 1 Street S, Vulcan

116 1 Street S, Vulcan, AB T0L2B0

$78,500 total

0 SF

Asset Class

Specialty

Size

0 SF

Building class

C

Zoning

US — Urban Services

$ / SF

—

Occupancy

90%

About this property

Amazing opportunity to own a 125x115 lot in the core of the town of Vulcan. Located beside market street foods with great visibility this property is a must see. The owner would also be open to discuss options on a build to suit. Tons of potential on this property. Call your favorite agent today!!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$79K
Down payment30% · $24K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$362

Projected NOI

$5K

Annual cash flow

$195

Cash-on-cash

0.83%

DSCR

1.04

Going-in cap

5.79%

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

100,877

Households

36,794

Median income

$134,000

Median age

36.5

Daytime population

119,164

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 116 1 Street S, Vulcan.

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.