Share This Listing

Message

937 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

27201 Township Road 532A - Boys with Toys 42,000 SF Specialty Building Offered at $9,999,888 CAD at a 13.30% Cap Rate in Parkland County, AB T7X 0W7

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

A Premier Investment Opportunity
With 40 units, alongside extensive underground infrastructure already completed, an office and a pump house —expanding the remaining phases is seamless. The entire property has been rezoned for storage. This site has the capacity to build up to 212 storage units.
A rare opportunity: A potential buyer could double their investment within 3 years.
________________________________________
Why Parkland County?
• Rapidly growing demand for secure, heated storage solutions
• Expanding recreational vehicle ownership in the region
• Limited competition for premium indoor storage
• Convenient access for residents of Edmonton, St. Albert, Spruce Grove, Stony Plain, and surrounding areas
________________________________________



Investment Highlights
• 40 units completed and sold
• Four-year rezoning process successfully completed, minimizing financial risk
• Secure, gated facility with 24/7 fob access
• On-site property manager ensuring tenant support & facility upkeep
• Expansion potential for up to 212 units, maximizing future revenue growth
• State-of-the-art security, including surveillance cameras, fencing, and controlled entry
• Fully serviced land with underground infrastructure in place for future development
________________________________________
Individual Unit Details
• Dimensions: 50 FT x 20 FT
• Size: 1,000 SQ FT
• Ceiling Height: 18 Feet
• Door Size: 14 FT Wide, 16 FT High
• Current Purchase Price: $199,988 (+GST)
• Current Rental Rate: $1,350/Month
• Condo Fees: $148/Month
• Property Taxes: $1,250/Year
• Utilities: Individually Metered & Billed
________________________________________
Meeting the Demand for Storage
As outdoor recreation continues to grow, more people are investing in vehicles and equipment for adventure. However, space limitations in cities like Spruce Grove and towns like Stony Plain create a need for secure, heated storage.

Boys with Toys Storage meets this demand by providing fully enclosed, high-quality storage bays for boats, commercial vehicles, trailers, RVs, cars, dirt bikes, quads, snowmobiles, and more. Our facility ensures that every toy is protected in a safe, secure, and climate-controlled environment.
________________________________________
Facility Features
• Modern Construction: Steel-frame buildings on concrete pads with durable metal exteriors
• Premium Interior Finish: Drywalled, painted, and equipped with LED lighting
• Temperature Control: Forced-air heaters in every unit
• Easy Access: Drive-through doors (16 FT high x 14 FT wide) with remote control openers
• Secure Entry: 24/7 fob access system for owners
• Convenient Amenities: On-site office, common washroom with water/sewer, and handicap parking
• Professional Maintenance: Snow removal, landscaping, and property upkeep included
• Full-Time On-Site Property Manager to handle tenant concerns and maintenance needs
________________________________________
Financial Overview
Projected Revenue Growth:
• Phase One Full Occupancy Revenue: 40 units successfully marketed and sold by summer of 2025
• Expansion Potential: 172 additional units can be developed quickly with existing infrastructure

Investment Potential:
• Low risk: Fully paid land with no rezoning delays and a development permit in place for the next 4 years.
• High return: Doubling potential within 3 years
• Growing demand: Secure storage market is expanding rapidly in Alberta
________________________________________
Financial Breakdown
Sales Model:
• Total investment to date: $10,500,000
• Projected profit after completing and selling 152 remaining units, plus 20 loft style units: $17,500,000
• Full project sale price: $9,999,888.00
If an investor wanted to build and lease 50x20 units, they would generate an approximate cap rate of 13.3%.

PROPERTY FACTS

Price $9,999,888 CAD
Price Per SF $238.09 CAD
Sale Type Investment or Owner User
Cap Rate 13.30%
Sale Condition Business Value Included
Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 13.41 AC
Building Size 42,000 SF
No. Stories 1
Year Built 2024
Zoning Commercial Cluster - • Four-year rezoning process successfully completed to commercial cluster.
  • Listing ID: 37563717

  • Date on Market: 2025-09-05

  • Last Updated:

  • Address: 27201 Township Road 532A, Parkland County, AB T7X 0W7

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}