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42085 River Heights Lane

Cochrane, Alberta T4C 2A4
MLS® A2185945287 days on marketListed Jan 7, 2025
Exclusive Offering
$6,600,000

Property Overview

Great Opportunity to build multi-family in the booming market of Cochrane!! 6.0 acres of development land with R-MD (Residential Medium-Density District) land use in place.

Beautiful views of the Bow River Valley and 600 meters from recreational walking and biking trail network along the Bow River.

Well located within the newly developing River Ridge District of Cochrane.

The current land use allows for a total development of up to 230 units.

There is currently a house on the site leased to April 30, 2025.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Investment Considerations

Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Land Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.