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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,900
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 vacant parcel of land in the NE corner of Fairview offers development potential! Currently rented out, this parcel of land is just over 150 acres and is flat and pretty much all open. The golf course is directly to the West of this land so if you wanted to develop some residential lots to join the golf course then the potential exits here. There are also some Country Residential acreages directly to the North if that is your vision and you want to develop this land into a Country Residential subdivision. The Cummings Lake walking trails also runs alongside. This land is also not far from schools and the hospital. Lots of options but only so much land like this exists! (id:39198)
Location
Province
Alberta
City
Fairview
Address
10718 108 Avenue
Postal Code
T0H1L0
Location Highlights
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Listed by
RE/MAX Northern 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
$849,900
Asking Price
$849,900
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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