$424,999
LAND · MLS® A210586602 / Overview
PROPERTY OVERVIEW
Located on the northwest corner of Highway 42 and Waskasoo Avenue in Penhold, this 0.65 acre parcel, to be subdivided, is available for sale. All groundwork and gravel has been completed, and there is a 26 stall paved parking lot on the property with space to construct a 5,373 SF building on the site. The property is in the heart of new commercial and residential development, with close proximity to the Penhold Regional Multiplex and Penhold Crossing Secondary School.
03 / Details
PROPERTY DETAILS
Property TypeLAND
Building Type{}
Lot Size83,199 sq ft
ZoningC2
Basement{}
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$3,792After mortgage & expenses
Cap Rate-4.8%Based on market rents
Cash on Cash Return-53.5%With 20% down payment
Est. Monthly Rent$2,000Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
OXFORD LANDING
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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
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