780-832-5880

Resources

City of Grande Prairie 2024 Investor Guide

Commercial & Industrial Real Estate Resources – Grande Prairie & Area

This section provides access to links and various documents with useful data, stats, figures, and trends about the Grande Prairie & Area region that you may find useful when searching for a new location to do business in. If you know of any other resources that should be included here, please send me a note.

If you have any questions or would like further information about the information on this page or any commercial or industrial real estate related questions, please do not hesitate to contact me directly at cord@gpremax.com

Tools & Calculators

Capitalization Rates & Net Operating Income

What is a cap rate on a rental property? The capitalization rate, often just called the cap rate, is the ratio of Net Operating Income (NOI) to property asset value. So, for example, if a property was listed for $1,000,000 and generated an NOI of $100,000, then the cap rate would be $100,000/$1,000,000, or 10%

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Net Operating Income

Net operating income (NOI) is a calculation used to analyze real estate investments that generate income. Net operating income equals all revenue from the property minus all reasonably necessary operating expenses.

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Commercial Lenders

Royal Bank Of Canada

Ron Wong
780-402-0403
 ron.wong@rbc.com
rbcroyalbank.com

Royal Bank Of Canada

Mark Wallman
780-538-6514
mark.wallmann@rbc.com
rbcroyalbank.com

ATB

Grande Prairie
atb.com

Real Estate Lawyers

Stringam LLP

Derek Van Tassell
780-513-6883
derek@stringam.ca
Stringam.ca

Lewis & Chrenek LLP

Gord Chrenek
780-539-6800
 Gord@lewischrenek.com
lewischrenek.com

Carter Lock & Horrigan

Roy Carter
780-532-8350
 rcarter@carloc.ab.ca
carloc.ab.ca

Environmental Inspections

Elkan Environmental Engineering

 780-605-0539
 rhewko@elkanenviro.com
elkanenviro.com

Commercial Appraisers

AccuPro

Paul Chana
780-538-9776
paul@accuproappraisal.com
accuproappraisal.com

Plant and Associates

Barry Plant
877-539-0037
plantgp@telus.net
plantandassociates.com

Surveyors

Beairsto & Associates Engineering Ltd.

780-532-4919
office@baseng.ca
baseng.ca

 

Useful Websites & Tool

Tools