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28045 TWP RD 384, Red Deer County 28045 Township Road 384 13,722 SF 100% Leased Industrial Building Red Deer County, AB T4E 3A3 $1,888,912 USD ($137.66 USD/SF) 3.47% Cap Rate



Investment Highlights
- 8.68 Acre Parcel-BSI Zone, 13,700 sq ft of House, Shop & Office - $9,000/month in Gross Income
Executive Summary
8.48 Acres virtually in town, with income! A perfect Live/ work combo, with this 1412 sq ft, 5 bed, 2 Bi-level home, with 12'x26' single attached garage, COMPLETELY RENOVATED from windows/ roof, interior and baths, painted cupboards and more. Home yard space beautifully landscaped w/ mature trees, asphalt driveway, features a 36'x50' (1,800 sq ft) heated Quonset, attached to that is a 29'x50 (1450 sq ft)office space w/ two offices - perfect for that home-based operation, and toy/ tractor storage all with flexible BSI County zoning. An additional 60'x100' heated quonset with floor drains, mechanic set up - with smaller office/ bath (currently rented out at $4,800/month gross) The expansive packed and gravelled Yard with around two acres of packed yard space, with Newly upgraded Power, Gravel and fencing for 21 energized parking stalls/ truck parking, fully leased on annual lease basis between $150-$200/stall ($3,200/month gross) another 34'x90' heated tent-Quonset w/ gravel pad (rented at $1000/month) . 40' sea-can included, along with over 3.5 acres of future development potential (currently a dirt bike track) which has endless potential. RV rental, sea-can storage yard, all big possibilities (subject to county approval) along with the $9,000/month in gross income, and future possibilities for additional income, along with space to run your own business, makes this property a real winner. Well & septic service the entire property, and is located on one of Red Deer's busiest Industrial Corners, just off HWY 11A!
Financial Summary (Actual - 2025) |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Gross Rental Income |
$6,578
|
$0.48
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$6,578
|
$0.48
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (USD) | |
|---|---|
| Annual | $6,578 |
| Annual Per SF | $0.48 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $6,578 |
| Annual Per SF | $0.48 |
| Net Operating Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,888,912 USD | Building Class | C |
| Price Per SF | $137.66 USD | Rentable Building Area | 13,722 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Cap Rate | 3.47% | Year Built/Renovated | 1980/2020 |
| Sale Condition | Redevelopment Project | Clear Ceiling Height | 18’ |
| Property Type | Industrial | No. Drive In / Grade-Level Doors | 6 |
| Price | $1,888,912 USD |
| Price Per SF | $137.66 USD |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.47% |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Building Class | C |
| Rentable Building Area | 13,722 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2020 |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 6 |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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28045 TWP RD 384, Red Deer County | 28045 Township Road 384
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