For Sale · Land

Lot Highway 10, Cookville

Lot Highway 10, Cookville, NS B4V7P8

$489,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

89%

Lot Size

18.3 ac

About this property

For almost 30 years, this property has been used commercially for what the land naturally providessoil and rock. With 18.3 acres still offering potential for further commercial use, this property presents an opportunity for someone looking to continue its established purpose or explore new possibilities. Perhaps you envision something entirely different. With the right vision and approvals, the property could offer an opportunity to create a private country setting close to the LaHave River, local trail system and all the services and shopping available in Bridgewater. Cooks Brook flows along the back and side of the property before making its way toward the river, adding a natural feature to the landscape. A terraced hillside remains, with an old camp perched at the top, offering a glimpse into the property's past and a starting point for imagining its future. Whether you're looking for land with continued commercial potential or a spacious property where you can create your own private retreat, this 18.3-acre parcel offers room to explore, plenty of space and a location that puts nature and town conveniences within easy reach. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$489K
Down payment30% · $147K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$18K

Annual cash flow

$-9K

Cash-on-cash

-6.03%

DSCR

0.67

Going-in cap

3.73%

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

100,342

Households

38,274

Median income

$100,000

Median age

44.8

Daytime population

92,455

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for Lot Highway 10, Cookville.

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.