Lot 1 & 2-1402 / 1404 Inkar Road | $1,995,000
Jenna Brown Agent Photo
Jenna
Brown
C. (250) 819-4436
P. (250) 374-1461
Phone Jenna
ROYAL LEPAGE WESTWIN REALTY
800 Seymour Street
Kamloops, BC
Canada V2C 2H5

Details

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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


Location

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About

-HELPING YOU GET AHEAD IN THE KAMLOOPS REAL ESTATE MARKET-

 

Jenna is part of the amazing team of Realtors® at Royal LePage Westwin in Kamloops, B.C. Her goal is to help you achieve your real estate dreams together. Whether that is purchasing your dream home or selling an investment property, finding the right realtor is very important. Jenna truly believes that her clients deserve the best possible representation. That is why she provides the best possible experience with guidance and value, whether that is marketing your property, negotiating the best deal for you, or showing you properties that suit your needs. Jenna has always had a passion for investing and financial knowledge ever since reading her first Napoleon Hill book at age 20. 


In Jenna’s downtime you can find her spending time with her young family or doing a random fitness class.


“If you have any questions about purchasing or selling, or just want to know more about the market, let's get in contact!” - Jenna Brown