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Land For Sale at 0 Maynard Land in Flatrock, Newfoundland & Labrador

4 Sale ID #302988
Archived 21 Nov 2024

Asking Price

$1,000,000

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

Nestled in the picturesque landscape of Flatrock, Newfoundland, this expansive 59.53-acre parcel of land beckons with endless possibilities for potential development. Surrounded by the natural beauty of the region, the property offers a canvas for visionary projects that harmonize with the stunning coastal surroundings. Imagine crafting a residential haven where homes can bask in the breathtaking views of the Atlantic Ocean or creating a sustainable community that seamlessly integrates with the pristine environment. The land's generous expanse provides room for thoughtful urban planning, allowing for a mix of residential, commercial, or recreational spaces. With a gently rolling terrain and a mix of open spaces and wooded areas, the land invites creativity in design and development. Whether envisioning a residential neighborhood, a resort-style retreat, or an eco-friendly enclave, this property offers the canvas upon which dreams can unfold. The strategic location in Flatrock, known for its charm and proximity to both natural wonders and urban conveniences, adds to the allure of this land. Residents could enjoy the tranquility of a coastal lifestyle while remaining connected to nearby amenities and cultural attractions. In summary, this 59.53-acre parcel in Flatrock, Newfoundland, presents a rare opportunity for visionary developers to shape a community that seamlessly integrates with the stunning natural surroundings. The canvas is vast, the potential is boundless, and the future is yours to create on this piece of coastal paradise. (id:39198)

  • MLS® : #1265955
  • Date Listed : 13 Nov 2023

Location

Province

Newfoundland & Labrador

City

Flatrock

Address

0 Maynard Land

Postal Code

A1K1C9

Location Highlights

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Listed by

Keller Williams Platinum Realty Newfoundland & Labrador listing

Category

land

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

$1,000,000

Asking Price

$1,000,000

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

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A

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