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Land For Sale at 10821 101 Street in Peace River, Alberta

4 Sale ID #55597
Updated 27 Apr 2024

Asking Price

$49,000

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

Lot Size

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Building Size

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Premise Summary

Vacant lot located just blocks from the downtown core in Peace River's South End. This lot is zoned R-2 which allows for higher density building like a duplex if you want to build one and maximize your return on this lot. Plus with it being so close to downtown makes it easy for people to get back and forth to the amenities. Discretionary uses included a modular home or moved in building giving you even more options here. Have a look and see what is possible here. (id:39198)

  • MLS® : #A1224563
  • Date Listed : 01 Jun 2022

Location

Province

Alberta

City

Peace River

Address

10821 101 Street

Postal Code

T8S1L5

Location Highlights

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Listed by

Re/max Northern Realty Alberta listing

Category

land

Property Information

Premise Status

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With Accommodation

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Tenancy

N/A

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

$49,000

Asking Price

$49,000

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

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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