For Sale · Land

Lot 2026 Butler Road, Murphy Lake

Lot 2026 Butler Road, Murphy Lake, NS B4N3V8

$89,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

93%

Lot Size

6.0541 ac

About this property

Looking for space, privacy, and the freedom to create something on your own? This approximately 6.05 acre property on Butler Road, in the Murphy Lake area of Kings County, offers an excellent opportunity to build your vision in a peaceful rural setting, with a driveway already in place. The property provides plenty of room to explore your options. Surrounded by natural beauty and located near Murphy Lake, Trout Pond, and Murphy Lake Brook, it gives convenience to enjoy the great outdoors making it a true four-season escape. Whether you're exploring the trails by ATV or snowmobile, gliding through the woods on cross-country skis, or enjoying nearby fishing, there is always something to discover. Add in the peaceful rural setting, nearby lakes, and the convenience of being only about 20 minutes from Kentville and New Minas and you have the perfect blend of privacy, recreation, and everyday convenience. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$89K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$411

Projected NOI

$4K

Annual cash flow

$-994

Cash-on-cash

-3.72%

DSCR

0.80

Going-in cap

4.42%

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

91,199

Households

38,094

Median income

$111,000

Median age

36.5

Daytime population

117,054

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for Lot 2026 Butler Road, Murphy Lake.

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.