Business For Sale · Land

0 NW9-33-5W5, Sundre

0 NW9-33-5W5, Sundre, AB T0M1X0

$1.3M 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

98%

Lot Size

80 ac

About this property

80 ACRES OF COMMERCIAL LAND! Boasting HALF A MILE OF HWY 22 FRONTAGE, this 80 acre parcel is part of the proposed Sundre Hills Area Structure Plan and offers the opportunity to be an integral part of the vision for this rural Alberta area. This portion of the ASP is designated for COMMERCIAL DEVELOPMENT and could host a variety of businesses to support the town as it grows. Sundre is ripe with potential, with a diverse economy that spreads across numerous sectors: Agriculture, Forestry, Oil & Gas, Aggregate, Health Services and Tourism. Building on Sundre’s established business community, there is opportunity to attract new commercial uses that expand the local offering and strengthen the town’s role as a regional destination. Key opportunities include a travel centre, agricultural retail, outdoor recreation and household retail. Don't miss out on this 80 acre ground floor opportunity to be a part of the future! (Subject to subdivision approval from the Town of Sundre. Reference A2343479 for the full quarter section which is available as a whole.) (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.25M
Down payment30% · $375K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$66K

Annual cash flow

$-3K

Cash-on-cash

-0.80%

DSCR

0.96

Going-in cap

5.30%

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

125,827

Households

47,698

Median income

$90,500

Median age

45.1

Daytime population

123,814

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 0 NW9-33-5W5, Sundre.

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.