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1357 Ball Rd, Cobble Hill, BC, V0R 1L2

MLS® # 951070
Investment For Sale In Cobble Hill, British Columbia
$4,995,000
1357 Ball Rd, Cobble Hill, BC
1357 Ball Rd, Cobble Hill, BC
1357 Ball Rd, Cobble Hill, BC
1357 Ball Rd, Cobble Hill, BC
Home Insurance - TD Insurance
Get a home insurance quote online for this $4,995,000 property in Cobble Hill
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Home Insurance - TD Insurance

Get a home insurance quote online for this $4,995,000 property in Cobble Hill

Provided by TD Insurance
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ACTIVE
1357 Ball Rd, Cobble Hill, BC, V0R 1L2
$4,995,000

Property Information:

FOR SALE: Industrial Investment Property in Cobble Hill, BC: 1.71 acre industrial-zoned property at 1357 Ball Road comprising two large multi-tenanted steel frame warehouses with ample yard space and parking. Building A is 14,800 sq feet and building B (built 2017) is 10,080 sq ft, 7 tenants in total, all on longterm leases. Natural gas and ample power to each building, municipal water supply and septic waste. Larger lot of a 2 lot strata plan. Cap rate is 5.25% on current income, with some rent escalations to come. Located in a commercial/industrial node 5 minutes drive from the Trans Canada Highway at Fisher Road in the rapidly developing Cowichan area. Financial information provided to qualified purchasers with signed confidentiality agreement. Please do not disturb tenants. Asking price: $4,995,000. Potential to purchase this offering as a share sale also.

Property Features:

  • Annual Tax Amount: $60,079
  • Construction Materials: Frame Metal, Steel Siding
  • Exterior Features: Fenced
  • Floor Space (approx): 24880 Square Feet
  • Flooring: Concrete
  • Foundation Details: Concrete Perimeter, Slab
  • Heating: Electric, Natural Gas
  • Lot Frontage: 70073 Square Feet
  • Lot Size: 1.61 Acres
  • Ownership: Freehold/Strata
  • Parking Features: On Site
  • Property Sub Type: Industrial
  • Water Source: Municipal
  • Zoning: I-1C
  • Sewer:

Courtesy of: Firm Management Corporation

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1357 Ball Rd, Cobble Hill, BC, V0R 1L2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

22 hot days expected in 2050

Projected Storm Risk: Exteme

13 storms expected in 2050

Projected Heat Risk: Significant

22 hot days expected in 2050

28/100

Significant

ClimateCheck®

Current data

This property, 1357 Ball Rd , experiences 7 hot days per year at around 28.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 31.4 degrees Celsius.

Projected Avg. Temperature

Past
28.4℃
2050
31.4℃

# Hot Days Per Year

Past
7
2050
22

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

13 storms expected in 2050

87/100

Exteme

ClimateCheck®

Current data

This property, 1357 Ball Rd , experiences 12 significant 2-day storms per year, with about 501.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 579.1mm of precipitation per year.

Precipitation Per Storm

Past
501.7mm
2050
579.1mm

48-Hour Storms Per Year

Past
12
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1357 Ball Rd, Cobble Hill, BC, V0R 1L2

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$109,905.90

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.85 %

High school certificate or equivalent

34.39 %

Apprenticeship trade certificate/diploma

13.91 %

College/non-university certificate

24.78 %

University Degree

16.07 %

Commuter

Travel To Work

By Car

95.22 %

By Public Transit

1.87 %

By Walking

0.19 %

By Bicycle

0.0 %

By Other Methods

2.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.1 %

Houses

98.9 %

Own Vs. Rent

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