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Land For Sale at 13 722040 Range Road 51 in Grande Prairie, Alberta

4 Sale ID #197552
Updated 04 May 2024

Asking Price

$2,385,000

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

Great access to this 9.54 acre lot, directly across the road from Ritchie Bros on Highway 43 into Grande Prairie. This lot includes, Atco power, gas, Aquatera water and Telus high-speed to the lot line. Hawker Industrial Park is located across Highway 43 from Ritchie Bros. and is a highly visible location. With exposure like this and such a fantastic price this lot won't last long. (id:39198)

  • MLS® : #A2102126
  • Date Listed : 19 Jan 2024

Location

Province

Alberta

City

Grande Prairie

Address

13 722040 Range Road 51

Postal Code

T8X0T1

Location Highlights

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Listed by

RE/MAX Grande Prairie 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

$2,385,000

Asking Price

$2,385,000

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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