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1402 / 1404 Inkar Road | $2,299,900
Jeff Ragsdale Agent Photo
Jeff
Ragsdale
C. (250) 253-7991
 P. (250) 832-9997
 Phone Jeff www.shuswaplistings.ca
ROYAL LEPAGE ACCESS REAL ESTATE
P.o. Box 434
 Salmon Arm, BC
 Canada V1E 4N6

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Address 1402 / 1404 Inkar Road
AreaCentral Okanagan
Sub AreaSFS - Springfield/Spall
State/ProvinceBritish Columbia
CountryCanada
Price$2,299,900
Property TypeSingle Family - Detached
Bedrooms5
Bathrooms3
Half Baths0
Floor Space1435 Square Feet
Lot Size0.41 Acres
WaterfrontNo
Year Built1969
Taxes $7,878
Tax Year2024
MLS® #10321955

HUGE VALUE IN THE LAND, OFFERED AT OVER $750,000 UNDER ASSESSED VALUE. Development Opportunity offered at under $130 per sq ft for land. This location in the Capri-Landmark neighbourhood is near Gordon Drive, and Springfield Road. This area is an employment hub and an opportunity for development. The blueprint for the Capri-Landmark Urban Centre Plan includes: 1. Strategic Redevelopment: guidelines include the placement of parks, public spaces & a vibrant urban centre. 2. High-Density Living: Capri-Landmark is poised to evolve from predominantly single-family residences to a high-density housing hub. Imagine modern apartments, bustling commercial spaces & improved transportation networks converging in one dynamic locale. This lot may be able to accommodate 10 units X 3 bedrooms with rooftop patios, according to IH Design (see attached, buyer to do own due diligence). Immense potential here! BC Assessment Value for 1402 Inkar Rd: $1,772,000; for 1404 Inkar: $1,291,000. Total is $3,063,000, list price is WAY under assessed value. Ask for our construction quote available from Vision 1 Steel Corporation for pre-fab build costs of approx $165 per sq ft.

Listed by COLDWELL BANKER HORIZON REALTY

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

A down to earth, trustworthy Realtor and Building Technologist with hands on experience designing, building, and selling homes. Formerly a Development Services Coordinator within a municipal government. I have seen both sides of the building profession. I can help you through a seamless transaction whether buying or selling. Whether you are looking in Salmon Arm, Blind Bay, Eagle Bay, Sorrento, the north Shuswap, or Sicamous I'm here to help.

I take pride in hard work, being accountable, and providing excellent customer service based on honesty and professionalism.  Combined with the great support of the team at Royal LePage Access Real Estate, I will  earn your trust as the go to Realtor here in Salmon Arm. 
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