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Industrial Property For Sale at 2965 Sooke Rd in Langford, British Columbia

4 Sale ID #162955
Updated 03 May 2024

Asking Price

$1,500,000

Cap Rate help 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

Prime 2 Acre parcel of industrial zoned land in Langford. Zoning is BP8 Industrial allowing a variety of uses. Excellent highway exposure. Located at the entrance of the new Centre Mountain Industrial Park. Preliminary layout for mini storage available. Mobile home located on the property offering rental income opportunity. Call now to view. (id:39198)

  • MLS® : #944437
  • Date Listed : 22 Sep 2023

Location

Province

British Columbia

City

Langford

Address

2965 Sooke Rd

Postal Code

V9B5T9

Location Highlights

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Listed by

Team 3000 Realty Ltd British Columbia listing

Category

industrial-properties

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,500,000

Asking Price

$1,500,000

Cap Rate help 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.

N/A

NOI help 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 help 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 help 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

N/A

Market Competition

N/A


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