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Investment Highlights
- SR 200 street frontage and access
- Land + property
- Building with outside storage and land development potential
Executive Summary
Property has a front business office and storage structures in the back of the lot. Usable square footage with the storage is approximately 4k sq ft, but the storage structures are semi-permanent and not officially on the county record. The existing tenant signed a lease renewal in January 2026, but there is an on-going landlord termination option that requires the landlord to provide the tenant with six months of notice prior to the effective date of termination.
Please note- the land is within the Qualified Census Tract (QCT) along SR-200. QCT property owners are eligible for low-income housing tax credits; provided that zoning changes are completed and qualified housing is developed. From a financing perspective, a QCT property is eligible for incentives as well.
Please note- the land is within the Qualified Census Tract (QCT) along SR-200. QCT property owners are eligible for low-income housing tax credits; provided that zoning changes are completed and qualified housing is developed. From a financing perspective, a QCT property is eligible for incentives as well.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,158 SF
Building Class
B
Year Built/Renovated
1966/1992
Price
$1,675,344 CAD
Price Per SF
$776.34 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,158 SF
Building FAR
0.01
Lot Size
6.09 AC
Opportunity Zone
Yes
Zoning
mixed zoning - Historically Open Rural (OR) zoning
Single story Office & storage are approved variances
- Any updates or changes require county approval
Parking
7 Spaces (3.24 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Storage Space
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 38-2N-27-0000-0014-0280 | Improvements Assessment | $112,235 CAD (2025) |
| Land Assessment | $512,908 CAD (2025) | Total Assessment | $625,143 CAD (2025) |
Property Taxes
Parcel Number
38-2N-27-0000-0014-0280
Land Assessment
$512,908 CAD (2025)
Improvements Assessment
$112,235 CAD (2025)
Total Assessment
$625,143 CAD (2025)
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463509 Sr-200
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