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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$895,000
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
7.36 Acres of great future land development on the edge of Stony Plain. This parcel has gas and electricity at or near the property line and water/sewer are not far away so this parcel could be developed in short notice. This parcel would act as a great holding property and would also work nicely as a construction yard, trucking yard, nursery or a variety of other options until it gets developed. Sitting next door to Genesis on the Lakes community gives it a nice prestige. Currently, the land zoning will allow for 96 units to be built on this site. (id:39198)
Location
Province
Alberta
City
Stony Plain
Address
1017 79 Avenue
Postal Code
T7X3V9
Location Highlights
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Listed by
CIR REALTY 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
$895,000
Asking Price
$895,000
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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