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Land For Sale at 1325 Cassils Road W in Brooks, Alberta

4 Sale ID #171209
Updated 27 Apr 2024

Asking Price

$1,200,000

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.

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Lot Size

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Building Size

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Premise Summary

98.95 acres in Brooks, Alberta!! Move the cows over to graze or move in the equipment for an incredible development opportunity. This prime piece of land is zoned "Direct Control" by the City of Brooks and is on the westerly side of the coveted residential 'West End' of the City. Cassils Road W borders the north side of the property, and HWY 36 is just down the road to the west, making the location beyond ideal for future use. The City of Brooks boasts many great opportunities for growth. It is bordered by HWY 1 and HWY 36, 189 km east of Calgary and 105 west of Medicine Hat. (id:39198)

  • MLS® : #A2036056
  • Date Listed : 30 Mar 2023

Location

Province

Alberta

City

Brooks

Address

1325 Cassils Road W

Postal Code

T1R0C7

Location Highlights

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Listed by

Real Estate Centre 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

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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

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Financial Information

Yearly Rate

$1,200,000

Asking Price

$1,200,000

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.

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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

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Market Competition

N/A


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