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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,650,000
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
This 112.10 ACRES OF PRIME land has 3 different zones for development purposes and is located right in Sundre at the corner of Main Avenue and Highway 22. A large portion of it is zoned R2 Residential with another large block of Highway Commercial and a small block in the middle zoned Gateway Commercial . The Bearberry Creek runs across the property and divides off a section of Residential land to the north of the Creek. The creek also meanders south across the lot. This is an outstanding location to build with access from Highway 22 on the West Side. (id:39198)
Location
Province
Alberta
City
Sundre
Address
0 Main Avenue & Cowboy Trail
Postal Code
T0M1X0
Location Highlights
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Listed by
RE/MAX WEST REAL ESTATE 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
$2,650,000
Asking Price
$2,650,000
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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