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Investment signal

$499,000

NW 84 Ave

Save this home

Beds

Baths

Sqft

Year

Type

Business

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lac La Biche. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Prime Highway 881 Development Opportunity! Seize the potential of 8.65 acres with prime highway frontage in town. This strategic location offers direct access via a paved road along the north side of the parcel, with town water and sewer services conveniently nearby. Perfect for a commercial strip mall or service center, this property is ideally positioned to capture high-visibility traffic heading to Conklin and Fort McMurray. A rare investment opportunity in a growing area. Build your business where opportunity meets demand! (id:65958)

Subtype
Business
Community
Lac La Biche
Common interest
Freehold
Living area
0 square feet
Lot size
8.65 acres
Lot dimensions
8.65
On market
Oct 30, 2025
Status changed
Apr 29, 2026
Annual tax
$1,937.44 (2025)
Zoning
Highway Commercial District
Photos
6
MLS#
A2267850
Area
LAC_LA_BICHE
Negative cash flow ~$580/mo at these assumptions

Cash on cash

-6.98%

Cap rate

3.47%

GRM

16.6

Break-even rent

$3,111

Financing

Down payment$99,800
Loan amount$399,200
Mortgage$2,023/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229
Insurance$80
Maintenance$416
CapEx reserve$208
Vacancy loss$125

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lac La Biche. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,023/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 30, 2026.

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