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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$899,000
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
Discover an exceptional opportunity with this 147.5-acre parcel located right on Highway 55 West, boasting outstanding highway exposure and proximity to oil companies. Situated only minutes away from Cold Lake and 4 Wing Back Gate, this prime location experiences high traffic flow. The property features approximately 1500 ft. of Highway 55 frontage, making it an ideal spot for a future venture, whether country residential or industrial (subject to MD of Bonnyville approval). Preliminary soil and groundwater conditions assessments have already been conducted on the property, providing valuable insights for potential development. Additionally, power is conveniently available at the property line, and gas within a close proximity. Please note that GST may be applicable. Seize this prime location to shape your future venture in a strategically positioned and promising area with excellent visibility and access. (id:39198)
Location
Province
Alberta
City
Bonnyville M.d.
Address
0 Hwy 55 West
Postal Code
T9M1P1
Location Highlights
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Listed by
Coldwell Banker Lifestyle 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
$899,000
Asking Price
$899,000
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
N/A
Market Competition
N/A
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