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$1.5M total
—
Asset Class
Land
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
83%
Lot Size
49.15 ac
Rare find! Under 15 minutes to Hyde Park shopping. 49 acre farm just northwest of London with 31 farmable acres systematically tiled. Income from the annual land rent and permitted field sign. Beautiful country setting with gorgeous panoramic farmland views with meadows and woods. Creek meanders through property. Walking / ATV trail through the woods. 24' x 32' shop with 10'x10' overhead door. 3+1 bedroom ranch style family home shows very well and lower level is fully finished with walkout. Oversize 2 car attached garage. Beautiful country property minutes from the city and 30 minutes to Lake Huron beaches. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.89%
DSCR
0.84
Going-in cap
4.67%
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.
Trade area within 3 miles of the property.
Population
115,535
Households
45,632
Median income
$77,000
Median age
41.8
Daytime population
189,330
5-yr growth
1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 25348 NAIRN ROAD, Middlesex Centre.
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.