$37,400

LAND · MLS® A2270065
02 / Overview

PROPERTY OVERVIEW

Prime 2.47 Acre Wooded Lot in Lac La Biche - This unique nearly 2.5-acre parcel is located in the desirable Urban Reserve District of Lac La Biche, offering significant development potential. Nestled between 99th Street and 99th Avenue, the property is surrounded by a blend of residential and commercial spaces. Across 99th Avenue, you'll find Sparkle and Shine Car Wash and the Lac La BIche Bottle Depot, adding convenience to the area while maintaining a quiet, atmosphere. Whether you're considering...

03 / Details

PROPERTY DETAILS

Property TypeLAND
Building Type{}
Lot Size107,593 sq ft
ZoningUrban Reserve District
ExteriorNONE
Basement{}
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,584After mortgage & expenses
Cap Rate56.7%Based on market rents
Cash on Cash Return254.1%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

LAC LA BICHE

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

JAMES PIQUETTE

RE/MAX LA BICHE REALTY