For Sale · Land

38620 NO. 4 ROAD, Abbotsford

38620 NO. 4 ROAD, Abbotsford, BC V3G2G2

$2.9M 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

99%

Lot Size

19.490000000000002 ac

About this property

19.49 ACRES WITH 60,000+ SQ/FT OF BUILDINGS! An excellent opportunity to build your future estate home on a quiet country road while benefiting from substantial existing agricultural infrastructure. The property features three large barns, including a 30,000 SQ/FT Hog Barn, a 25,000 SQFT two-storey Poultry/Storage Barn, and an 8,300 SQ/FT Covered Barn. Approximately 15 acres of arable farmland offer excellent potential for blueberries, vegetables and a variety of other crops. Fully serviced with City Water, Natural Gas, and BC Hydro. Prime Abbotsford location with convenient access to Highway #1 and just minutes from shopping, schools and city amenities. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.88M
Down payment30% · $864K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$13K

Projected NOI

$165K

Annual cash flow

$6K

Cash-on-cash

0.68%

DSCR

1.04

Going-in cap

5.74%

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

91,760

Households

38,029

Median income

$115,000

Median age

45.8

Daytime population

152,354

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 38620 NO. 4 ROAD, Abbotsford.

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.