$2,731,700

LAND · MLS® A2240574
02 / Overview

PROPERTY OVERVIEW

This 9.26 acre lot, located in Aspelund Industrial Park, is available for sale and priced at $295,000.00 per acre. The lot is graded, compacted and fully serviced including gas, electricity, and internet. Located just minutes away from the Town of Blackfalds and the City of Red Deer, this location offers direct exposure to Highway 2 with quick access to Highway 2 southbound. Neighbouring businesses in the Industrial Park include Pidherney's, Craig Manufacturing, and Eagle Well Servicing. This land can...

03 / Details

PROPERTY DETAILS

Property TypeLAND
Building Type{}
Lot Size403,365 sq ft
ZoningI-BI
Basement{}
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$13,917After mortgage & expenses
Cap Rate-0.2%Based on market rents
Cash on Cash Return-30.6%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

ASPELUND INDUSTRIAL PARK

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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
Presented By

Cameron Tomalty

RE/MAX Commercial Properties