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Land For Sale at 11901 104 Avenue in Grande Prairie, Alberta

4 Sale ID #85839
Updated 29 Apr 2024

Asking Price

$7,200,000

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

This Unique Opportunity includes 19.46 Acres of highly sought-after industrial development land situated in Westgate Business Park. This premier location lies at the centre of the region's oil & gas, agriculture and forestry industries. With easy access to all major traffic routes in and out of the city, signalized intersections, and close proximity to the Grande Prairie Regional Airport, no other location provides industrial businesses with better access to opportunity. High-traffic area across from Petro – Canada Gas Station & Petro- Pass Truck Stop. Zoned IG (General Industrial) permits various industrial uses with all municipal services available. Some site work has already been completed, and full drawings are available for the land's original purpose. The seller will also consider remediation. (id:39198)

  • MLS® : #A1227707
  • Date Listed : 21 Jun 2022

Location

Province

Alberta

City

Grande Prairie

Address

11901 104 Avenue

Postal Code

T8V8B1

Location Highlights

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Listed by

RE/MAX Grande Prairie Alberta listing

Category

land

Property Information

Premise Status

N/A

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

N/A

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

$7,200,000

Asking Price

$7,200,000

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.

N/A

Gross Revenue- annual

N/A

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.

N/A

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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