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Benefits
Asking Price
$1,200,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Embark on a journey of potential with this remarkable 4+ acre parcel of undeveloped land, strategically positioned in the community of Conklin. Boasting prime frontage, this commercial real estate gem is a blank canvas for visionary developers eager to shape the future. With over four acres of untouched potential, the possibilities are vast. The strategic location of this property in Conklin adds an extra layer of appeal, positioning it at the center of opportunity. Seize this rare opportunity to play a pivotal role in the evolution of Conklin's landscape, crafting a legacy that reflects innovation and forward-thinking development. Don't miss out on the chance to be a part of something extraordinary. Contact agent for an additional commercial property opportunity and for a list of housing options as well. (id:39198)
Location
Province
Alberta
City
Conklin
Address
201 Northland Drive
Postal Code
T0P1H1
Location Highlights
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Listed by
RE/MAX FORT MCMURRAY Alberta listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,200,000
Asking Price
$1,200,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
N/A
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