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1402 / 1404 Inkar Road | $2,299,900
Aron Alexander* Agent Photo
Aron
Alexander*
C. (250) 320-5022
 P. (250) 374-3331
 Phone Aron kamloopsrealtygroup.com
RE/MAX REAL ESTATE (KAMLOOPS)
258 Seymour Street
 Kamloops, BC
 Canada V2C 2E5

Details

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Address 1402 / 1404 Inkar Road
AreaCentral Okanagan
Sub AreaSFS - Springfield/Spall
State/ProvinceBritish Columbia
CountryCanada
Price$2,299,900
Property TypeResidential Development
Lot Size0.41 Acres
WaterfrontNo
Taxes $7,878
Tax Year2024
MLS® #10321946

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

Aron Alexander is not new to the entrepreneurial lifestyle having owned and operated multiple small businesses over the years including an incredibly successful cycling and ski shop in Prince George as well as a drilling company.

Having come from the interior of BC where he experienced a background in property development, new home construction and multiple home renovation flips, Aron decided that the thriving Kamloops area real estate market was where he wanted to be.  Not to mention his continued passion for the outdoors, Aron continues to explore the Kamloops region many biking trails and the lake life the area is so known for.

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