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1402 / 1404 Inkar Road | $1,995,000
Jerri Van Prec* Agent Photo
Jerri
Van Prec*
C. (250) 319-7008
 P. (250) 374-1461
 Phone Jerri www.jerrivan.com
ROYAL LEPAGE WESTWIN REALTY
800 Seymour Street
 Kamloops, BC
 Canada V2C 2H5

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Address 1402 / 1404 Inkar Road
AreaCentral Okanagan
Sub AreaSFS - Springfield/Spall
State/ProvinceBritish Columbia
CountryCanada
Price$1,995,000
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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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

Jerri has been a Realtor® in Kamloops for the past 13 years granting her extensive knowledge of the Kamloops market. In 2014-2020 she was awarded the Diamond Award, in 2016 she was awarded the Lifetime Award of Excellent, and in 2017 she was awarded the Red Diamond Award from Royal LePage as one of the top real estate sales representatives in Canada.

Jerri currently works on award winning developments throughout the city of Kamloops and has been an integral part of the design and marketing of these developments. She is very educated on multi family sites, has a good understanding of Geo Thermal buildings, and Built Green construction. With her background in design she is able to help with staging homes and helping her clients see the potential in existing homes.

Jerri is well-known in the community with being an active member of the Canadian Home Builders Association – Central Interior, volunteering her time with the Y Dream Home. She has also been on the board of Project X Theatre: Theatre Under the Trees for the past 4 years. She continues to look for opportunities and help out within the community whenever possible.

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