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Land For Sale at 103 17 ST NW in Edmonton, Alberta

4 Sale ID #150267
Updated 17 Apr 2024

Asking Price

$19,075,000

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

This generally flat 109.47+/- acre parcel of land is located at the southeast corner of Anthony Henday Freeway and 17 Street in Edmonton. Ideal investment property for future development. Great exposure to 17 Street and Anthony Henday Freeway allows for easy access. An estimated 65,540 vehicles pass by on Anthony Henday Freeway daily. Several established residential communities bordering Anthony Henday Freeway. As per City of Edmonton documentation, Alces Neighbourhood Structure Plan & Decoteau Area Structure Plan in effect. (id:39198)

  • MLS® : #E4354180
  • Date Listed : 11 Aug 2023

Location

Province

Alberta

City

Edmonton

Address

103 17 St Nw

Postal Code

T6X1A7

Location Highlights

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Listed by

Royal LePage Noralta Real Estate Alberta 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

$19,075,000

Asking Price

$19,075,000

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

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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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