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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,185,000
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
Cash crop/specialty crop farm. Farm land investment opportunity. 44 acre parcel with approximately 41 workable acres. Very productive soil. Soil type is normandale sandy loam and toledo silty clay loam. No buildings. Municipal water, natural gas and hydro services at road. Paved frontage. Approximately 200 feet fronting the Thames River. Excellent location being adjacent to the south edge of the village of Thamesville. Farmland available for the 2024 crop year. (id:39198)
Location
Province
Ontario
City
Chatham kent
Address
0 Victoria St S
Postal Code
N0P2K0
Location Highlights
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Listed by
JUST FARMS REALTY INC. Ontario 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
$1,185,000
Asking Price
$1,185,000
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
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