For Sale · Specialty

13201 20 Avenue, Blairmore

13201 20 Avenue, Blairmore, AB T0K0E0

$139,000 total

6,256 SF

Asset Class

Specialty

Size

6,256 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$22

Occupancy

92%

Year Built

1920

About this property

Excellent location on Blairmore's main street. Corner location offers visual exposure and plenty of parking. Property has been priced for lot value only. Building requires demolition. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$139K
Down payment30% · $42K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$642

Projected NOI

$9K

Annual cash flow

$1K

Cash-on-cash

3.43%

DSCR

1.19

Going-in cap

6.57%

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.

Rent roll (estimated)

TenantAreaExpiry
Summit Trades Supply3,990 SF2030-03
Summit Trades Supply1,753 SF2030-03

Area demographics

Trade area within 3 miles of the property.

Population

119,355

Households

42,035

Median income

$84,500

Median age

39.7

Daytime population

156,887

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 13201 20 Avenue, Blairmore.

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.